Latest India Headlines
All the headlines from our India Topic Page, ordered by recency.
Swiss Re Supports Indian Quake Safety
Mar 7 2008 // Swiss Re has participated in a workshop in New Delhi – “Integrating Earthquake Risk Mitigation into Hospital Facilities Planning” – organized by US-based NGO GeoHazards International and the Delhi...
India’s Insurance Industry Faces Talent Shortage
Feb 8 2008 // It may come as a bit of a shock, but India, the country that’s become synonymous with out-sourcing, is facing a talent shortage. According to the Darwin Rhodes Group, India’s only specialist insurance...
Best Affirms Indian Insurer’s ‘A-‘ Ratings; Outlook Now Stable
Feb 4 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of The New India Assurance Company Limited, and has revised its outlook on the...
Ratings Recap: General (India), SCA, Successor Hurricane, Wing Lung, Dao Heng, Sovereign Assurance
Dec 31 2007 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-” of General Insurance Corporation of India (GIC) and has revised its outlook on both ratings...
Research & Markets Releases ‘Snapdata’ Reports on India, Netherlands
Dec 7 2007 // Dublin-based Research and Markets announced the addition of “Snapshots India Non-Life Insurance 2007” and “Snapshots Netherlands Non-Life Insurance 2007” to their offering. The report on the Indian...
IPCC Delegates Hammer Out Climate Change Report in Thailand
May 4 2007 // International delegates struggled into the night Thursday to agree on ways of cutting destructive greenhouse gas emissions-or face economic and environmental catastrophe caused by global warming. China has emerged as a key...
Lloyd’s Chairman Praises Indian Initiative to Open Markets
Jan 19 2007 // Gordon Brown, The UK’s Chancellor of the Exchequer (Finance Minister) and odds-on favorite to succeed Tony Blair as Prime Minister, has apparently come away with some success during his working visit to...
AXA, India’s Bharti to Form P/C Group
Jan 10 2007 // Following the successful launch of their joint venture life insurance operations, France’s AXA Group and India’s Bharti Enterprises have signed a preliminary agreement to establish a joint Indian P/C...
Best Lowers India’s GIC Ratings
Dec 19 2006 // A.M. Best Co. has downgraded the financial strength rating to “A-” (Excellent) from “A” (Excellent) and the issuer credit rating to “a-” from “a” of General Insurance...
Best Lowers New India Ratings
Dec 19 2006 // A.M. Best Co. has downgraded the financial strength rating to “A”- (Excellent) from “A” (Excellent) and the issuer credit rating to “a-” from “a” of The New India Assurance...
Swiss Re Buys 26% Stake in Indian Health Care Provider
Dec 12 2006 // Swiss Re has signed an agreement with TTK Group and India Value Funds Advisors (IVF) to purchase a 26 percent stake in TTK Healthcare Services Pvt Ltd (TTKHCS), one of India’s leading health insurance third party...
Improving efficiency and valuation through automation and outsourcing
Nov 20 2006 // Revenue growth, the quality of a book of business, the caliber of producers, strategic drivers and the overall level of client service — these are the typical considerations that affect an agency’s...
Improving efficiency and valuation through automation and outsourcing
Nov 19 2006 // Revenue growth, the quality of a book of business, the caliber of producers, strategic drivers and the overall level of client service — these are the typical considerations that affect an agency’s...
India’s 3i Infotech Launches Internet Broker Platform
Sep 26 2006 // India’s 3i Infotech, a provider of IT solutions, announced the launch of Premia Insurance Broking eXchange (IBX), which it described as “a subscription based Internet solution for the Indian insurance...
SCOR Scores Success with Asian Treaty Renewals
Apr 18 2006 // French reinsurer SCOR Group reported premium gains in its Asia-Pacific zone following treaty renewals at the beginning of April. Written premiums In Japan exceeded 7 billion yen ($59.3 million) up 6 percent compared to...
U.S. State Regulators Reaching Out to Foster International Standards
Feb 27 2006 // At a time when they face pressure to bring more uniformity to their own domestic regulatory operations, the nation’s state regulators are also increasingly active in efforts to harmonize the rules governing...
Zurich’s CEO Discusses Industry Issues in Davos Interview
Jan 26 2006 // Zurich Financial Services has released an interview with the Group’s CEO, James Schiro, to coincide with the ongoing conference of international business leaders, being held in the Swiss resort of Davos. Schiro, an...
Calif. Court Says Broker Owes Duty of Care to Third Party
Jan 16 2006 // California’s Second District Court of Appeals has decided that an insurance broker owed a legal duty of care to a third-party after an insurer refused to pay claims under an express policy exclusion. The case,...
India Regulator Supports Higher Limit for Foreign Insurance Investment
Dec 20 2005 // A report from Dow Jones Newswires indicates that India’s Insurance Regulatory and Development Authority has recommended that the government raise the foreign direct investment limit in the insurance sector to 49...
Best Affirms New India ‘A’ Rating
Nov 22 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a” of Indian insurer New India Assurance Company Limited with a stable...
