Latest India Headlines
All the headlines from our India Topic Page, ordered by recency.
Crawford & Co. Expands in India, Adds 26 Percent of Puri Anuj & Assoc.
Nov 8 2005 // Crawford & Company has announced the purchase of a 26 percent interest in Puri Anuj & Associates Pvt. Ltd., a full service insurance loss adjusting and claims settlement company for all classes of risk with three...
Best Affirms GIC’s ‘A’ Ratings
Oct 28 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 the General Insurance Corporation of India (GIC) with a stable...
Major Quake Rocks Pakistan-India Border; More than 3,000 Killed
Oct 8 2005 // More than 3,000 people were reported killed Saturday as a major 7.6-magnitude earthquake hit the Pakistan-India border. The quake hit both those countries, along with Afghanistan. According to officials, some 1,000 people...
AIA Joins in Pursuit of Greater Access to India’s Market
Aug 4 2005 // The American Insurance Association (AIA) has urged the U.S. and Indian governments to make market liberalization in India a major trade priority. “Considering India’s size and potential as one of the...
The Asian Catastrophe: An Unprecedented Event Evokes a Global Response
Jan 24 2005 // Certain events mark each generation, but as the scope of the disaster that struck 12 countries around the Indian Ocean on Dec. 26 emerges, it has become evident that it will haunt not just the present generation, but many...
Swiss Re Announces Aid Measures for SE Asia
Jan 10 2005 // Swiss Re announced that both the company and its employees “are actively supporting the relief initiatives to help the victims of the seaquake tragedy in the Indian Ocean and to aid the rebuilding of the worst hit...
President Bush Tells Asian Leaders U.S. is Committed to Helping in Wake of Devastation
Dec 29 2004 // President George W. Bush told Asian leaders that the United States is committed to helping their countries following Sunday’s earthquake and killer tsunamis that have killed more than 60,000 people. The following is...
Best Affirms Ratings of India’s GIC and New India
Oct 27 2004 // A.M. Best Co. announced that it has affirmed its ratings on two Indian insurers – General Insurance Corporation of India (GIC), the country’s huge state-owned general insurer, and New India Assurance Company...
Munich Re Launches Indian Service Company
Sep 27 2004 // Munich Re has established a new service company, Munich Re India Services Ltd., Mumbai, aimed at strengthening and intensifying “long-standing business relations – some dating back to 1950 – with Indian...
Aviva to Outsource an Additional 950 Jobs
Sep 24 2004 // Aviva Plc., the U.K.’s largest insurer, announced that it plans to increase its offshoring capacity by moving some 950 jobs offshore “to service its existing Norwich Union businesses.” The group has...
India – Fascinating, Frustrating and Growing
Sep 20 2004 // This is the second in a series of articles on the Asia insurance marketplace. The next article in this series will focus on Japan and will appear in an October issue of Insurance Journal. An ancient Indian parable tells...
Research and Markets Report on Insurance Outsourcing Focuses on India
Aug 30 2004 // Dublin-based Research and Markets (http://www.researchandmarkets.com) has issued a new report on “Global Insurance Outsourcing – The India Perspective: Overview, Trends, Insights and Competitor...
Plan to Boost Foreign Investments in India’s Insurance Industry Comes Under Fire
Jul 13 2004 // The new Congress-led government in New Delhi faces a tough test ahead as a key Communist Party ally has come out against its proposal to raise the cap on foreign investment in India’s telecommunications, aviation and...
A.M. Best Affirms Ratings of Two Indian Insurers
Feb 19 2004 // A.M. Best Co. affirmed the “A” (Excellent) financial strength rating of General Insurance Corporation of India (GIC) (Mumbai, India) and the “A” (Excellent) rating of New India Assurance Company...
ePolicy Solutions Opens Facility in India
Oct 16 2003 // California-based ePolicy Solutions announced that it has established “a dedicated development facility in India, through an agreement with Mastek Limited, a global IT solutions company.” President, CEO and...
ebix Receives ISO 9001 Certification for India Call Center & Software Development
Jul 21 2003 // ebix.com Inc., an international supplier of software and e-commerce solutions to the property and casualty insurance industry, announced that it has received ISO 9001:2000 certification for both of its call center and...
Willis Group Forms Joint Venture to Grow in India
Apr 15 2003 // Willis Group Holdings Ltd. has formed a joint venture with Bhaichand Amoluk Consultancy Services Pvt. Ltd. to provide insurance broking and risk management services in India. The joint venture, called Willis BA India...
Marsh Granted Brokerage License in India
Mar 3 2003 // Marsh Inc. has received an insurance brokerage license from the Insurance Regulatory Development Authority of India (IRDA). Marsh said it is among the first foreign insurance brokers to receive a license to transact...
India’s WNS Acquires U.K. Claims Management Service Co.
Jul 10 2002 // India’s WNS (Holding) Ltd., one of a number of companies on the sub-continent which specialize in providing back office services, will acquire the U.K.’s Town & Country Assistance, an insurance claims...
CGNU Expands in Hungary, India
Mar 21 2001 // Britain’s CGNU revealed plans to expand in Eastern Europe and India with the announcement that it would purchase Mebit, Hungary’s sixth largest life insurer, and would launch a mutual fund subsidiary in India...
