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Supreme Court rulings set to raise insurers' third-party liability - The Economic Times
General insurers face higher motor third-party claim reserves due to Supreme Court rulings. A recent ruling fixes homemakers' notional income, increasing claim payouts. This interpretation is expected to raise claim outgo significantly over eighteen months. Insurers also face policy standardization for occupant and pillion-rider coverage. Motor third-party insurance remains challenging with rising claim costs and slow premium growth.
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No Insurance, No Fuel? Supreme Court Proposes Fuel-Insurance Link, Longer Mandatory Third-Party Cover
https://www.freepressjournal.in/india/no-insurance-no-fuel-supreme-court-proposes-fuel-insurance-link-longer-mandatory-third-party-cover
Insurers tighten focus on motor third-party fraud - The Times of India
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