World Pandemic - Dichotomy of Force Majeure

Lokanath Kar, Chief - Legal and Compliance, ICICI Lombard General Insurance Company Limited

Singularity is an interesting concept of theoretical physics. Colloquially explained, a singularity is a location in space-time where all known laws of physics suffer complete breakdown. Without the cushion of these known laws, the first casualty is loss of predictability. We are no more able to predict the outcome of a singularity. In a way, a singularity, is the ultimate exception to the otherwise pliant and strictly rule driven Universe we are accustomed to.

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India Contract Insurance October 2021 Vol.14, No. 57, Autumn 2021

Lokanath Kar

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Working in ICICI Lombard for the last fifteen years. Prior to that, working as an in house counsel for organizations in the financial services business in India. Had started career in the year 1997 as a practicing lawyer in Delhi, India.

ICICI Lombard General Insurance Company Limited

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ICICI Lombard General Insurance Company Limited is the largest private sector general insurance Company in India with a market cap of about USD 9 billion currently.

India Contract Insurance October 2021 Vol.14, No. 57, Autumn 2021