Summary |
The globalised economy has lead to fast-paced growth of business, generating greater risks for the factions involved. Accordingly, there has been a growing volume of insurance related litigation and the institution of insurance itself has become more important. Insurance law is gradually maturing in a globalised world with the courts taking a more welfare oriented view of insurance and looking at it as an institution that has many socio-economic repercussions.
Dr. Avtar Singh, in the present edition has expertly dealt with all these new developments and the growing case law, building further on the foundations of the previous well acclaimed edition that emphasized the rapid growth in insurance business. The present book begins with a statement of the general principles affecting all forms of insurance. It then moves on to specific forms of insurance such as life insurance, fire, theft, marine, motor accident, personal accident, medical etc. Powers and duties of regulatory authorities and the statutory framework of insurance have been discussed in detail. A separate chapter deals with the business of insurance from the perspective of consumer protection law.
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