In an effort to reach their announced goal of ruling on all pending applications for insurance licenses by the end...
India News
In an unexpected move The Hindustan Times, a unit of India’s K.K. Birla Group, is reportedly shelving plans to form...
Royal & SunAlliance (RSA) became the first foreign company to receive a license to write p/c insurance from India’s Insurance...
India’s Insurance Regulatory and Development Authority confirmed that 13 foreign based insurance companies with their local partners have applied for...
American International Group and Tata Group, one of India’s largest and most successful industrial conglomerates, have joined forces to launch...
Canada Life announced that it has formed a joint venture with Centurion Bank Ltd, TCFC Finance Ltd. of Mumbai and...
U.S. insurer Allstate and the U.K.’s Prudential Plc became the first foreign companies to submit applications, in conjunction with their...
U.S. Ambassador to India, Richard Celeste, predicted that India’s opening of its market to foreign insurers would bring a s...
When Indian President K.R. Narayanan signed landmark legislation last January, opening India’s insurance market to foreign competition, he unleashed a...