Future Generali to celebrate Insurance Week
Mumbai, January 29, 2011: Here are some startling facts about dismal Insurance penetration in our country that served as a starting point for us to do something radically different as…
Valuation of Premium Receivable from Central / State Government for Computation of Solvency Position
Various general insurance companies are running health insurance schemes which are sponsored/subsidized by Central/State Government. However, the premium of such schemes are not paid upfront but paid at a later…
Indians are becoming more aware about their health and health care needs and are increasingly using Internet to seek answers
New international research released today by Max Bupa has found that of more than one third Indians (39 %) go online for health information. The percentage of people using the…
Shriram Life Insurance Co. Ltd. Signs MoU With Tamilnadu Cooperative State Agriculture & Rural Development Bank Ltd
Shriram Life Insurance Co. Ltd. (SLIC), a joint Venture between Shriram Group and Sanlam Group, South Africa, today signed an MOU with Tamil Nadu Cooperative State Agriculture & Rural Development…
Insurers include funeral in personal accident policies
Insurance companies now offer to cover funeral expenses under health and personal accident policy.
Canara HSBC Oriental Bank of Commerce Life Insurance Appoints John Holden as Chief Executive Officer
New Delhi, January 18, 2011: Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited – a joint venture between two of India’s largest public sector banks, Canara Bank and…
Bangladesh: 400 applications received to set up new insurance companies
Bangladesh's Finance Ministry has been swamped with hundreds of applications to launch new private insurance companies in the country, reports the Financial Express. Among the applications, 90% are for life…
IRDA to hire 100 niche insurance professionals
The Insurance Regulatory and Development Authority (IRDA) is planning to hire about 100 insurance professionals over the next three months to tackle its growing manpower needs. “The industry has been…
Swiss Re sees continued global economic expansion in 2011, led by emerging markets
Zurich, 7 December 2010 – Swiss Re's economists predict that growth in the insurance and reinsurance industry will continue to accelerate in 2011 but warn that financial turmoil could derail…
Swiss Re: Global insurance industry led by double-digit growth in emerging Asia
Hong Kong, 13 January 2011 – Swiss Re’s economist predicts sustained strong growth in Asia's insurance industry in 2011, with emerging markets continuing to outpace mature markets. Life and non-life…