Lexis Nexis’s Principles of Insurance Law (2 Volumes) by M N Srinivasan & K Kannan & N Vijayaraghavan & Sharath Chandran – 12th Edition 2026.

First introduced by M.N. Srinivasan in 1965, Principles of Insurance Law has served as the definitive, practical guide for the Indian insurance industry. As privatization and the entry of foreign players reshape this vital sector, this 2-Volume workhorse compendium offers critical insight into the latest legal positions. The 12th Edition (2026) is not merely a record of legal development; it acts as a juridical compass pointing toward the future of insurance law in India, enriched with critical commentary and comparative analysis by a powerhouse editorial team.

A Thematic, All-Encompassing Commentary

This text provides lucid explanations of the general principles of insurance law, followed by exhaustive, individual treatments of specific insurance forms. It serves as an indispensable tool for litigators and regulators alike:

• Specific Insurance Frameworks: Detailed, length-wise analysis of fire, theft, marine, motor accident (MACT), personal accident, medical, agriculture, aviation, and nuclear insurance.

• Procedural Mechanics: Delivers granular information on the day-to-day practices and procedures governing insurance contracts and tribunal litigations.

New to the 12th Edition

This update ensures professionals are armed with the latest statutory tools and arguments:

• Recurring Issues in Claims Settlement: A brand-new chapter devoted to a candid, practitioner-focused critique on the bottlenecks and legal hurdles in modern claims settlement.

• Tax Planning in Insurance: A specialized chapter detailing the intersection of insurance products and corporate/individual tax compliance.

• Post-2021 Jurisprudence: Fully integrates the statutory and judicial developments in insurance law since 2021, providing the exact case law needed for contemporary courtroom arguments.

Who Should Buy This Book?

• Trial Advocates & MACT Specialists: The ultimate first point of reference for litigating motor, medical, and general insurance claims before tribunals and High Courts.

• Insurers, Regulators & TPA Executives: Provides the regulatory clarity needed to draft policies, assess liabilities, and navigate claims settlements.

• Corporate Counsel: Essential for advising companies on risk management, marine/aviation coverage, and tax planning through insurance.

About the Powerhouse Editorial Team

This 12th Edition is meticulously revised by a panel of distinguished judges and senior advocates, blending historic scholarship with modern litigation tactics:

• M. N. Srinivasan: The foundational author and original legal scholar who introduced the first edition in 1965 to streamline the chaotic landscape of pre-privatization Indian insurance litigation.

• Justice K. Kannan: A highly respected former Judge of the Punjab and Haryana High Court, known for his deep commitment to judicial clarity and structured legal commentaries.

• N. Vijayaraghavan: A prominent practicing Advocate at the Madras High Court with over three decades of litigation experience, recognized nationally as an elite specialist in Motor Accident Claims and insurance regulations.

• Sharath Chandran: An advocate at the Madras High Court and an Oxford BCL alumnus, widely celebrated for co-authoring several modern constitutional and procedural law reference works.

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