Lexis Nexis’s Law of Insurance (2 Volumes) by B N Banerjee – 7th Edition 2025.

B N Banerjee’s Law of Insurance is widely recognized for its unparalleled clarity, depth, and authoritative treatment of all branches of insurance law in India. Now in its 7th Edition (2025), this two-volume set meticulously addresses the legal, regulatory, and practical dimensions of the insurance industry—one of the most heavily regulated sectors of the Indian economy.

Revised by S.K. Sarvaria, this edition brings the classic text entirely up to date, making it an indispensable resource for practicing advocates, judges, scholars, and insurance industry experts.

Key Legislative Commentaries

This treatise provides section-by-section, exhaustive commentary on the foundational statutes governing Indian insurance:

• The Insurance Act, 1938: Complete analysis of regulations, compliance, and insurer obligations.
• Life Insurance Corporation (LIC) Act, 1956: Structural and operational legalities of life insurance.
• General Insurance Business (Nationalisation) Act, 1972: Historical and current frameworks.
• Marine Insurance Act, 1963: Specialized coverage for maritime risk and shipping legalities.

Crucial Updates & Recent Amendments

The 7th Edition incorporates all major legislative and policy changes introduced since the previous publication, complete with contextual analysis:

• The Insurance (Amendment) Act, 2021 and the Finance Act, 2021.
• 2022 Merger Amendment Schemes: Detailed inclusion of the Oriental Fire and General Insurance, National Insurance Company, and United India Fire and General Insurance Merger Amendment Schemes of 2022.

MACT & Motor Vehicles Act Litigation

A standout feature of this edition is its dedicated, practical focus on motor insurance disputes. It comprehensively covers the relevant provisions of the Motor Vehicles Act, 1988, specifically tailored for litigation before the Motor Accidents Claims Tribunals (MACT).

About the Authors

Original Author: B.N. Banerjee A foundational figure in Indian legal literature, B.N. Banerjee’s original works remain the gold standard for insurance jurisprudence in India.

Revising Author: S.K. Sarvaria S.K. Sarvaria is a former District and Sessions Judge, New Delhi, and currently serves as the President of the District Consumer Disputes Redressal Forum in New Delhi. Joining the Delhi Judicial Services in 1980, he presided over numerous courts including the Court of District Judge, Court of Sessions, Labour Court, and Rent Control Tribunal.

A prolific legal writer, Mr. Sarvaria has authored over 20 titles covering the CPC, IPC, Indian Registration Act, PMLA, FEMA, and Negotiable Instruments Act. He has notably contributed to Halsbury’s Laws of India and Halsbury’s Annotated Statutes of India (HASI). Since retiring in 2013, he actively takes up arbitration assignments in complex contractual disputes.

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