Swiss Re’s leadership structure brought into line with legal entity set-up following successful share exchange offer
Swiss Re is completing adjustments to its leadership structure to reflect the company’s new legal entity set-up.Â
Munich Re posts quarterly loss of €948m due to heavy claims burdens
Owing to exceptionally high costs for natural catastrophes, Munich Re posted a consolidated loss of €948m for the first quarter of 2011 (previous year: profit of €485m). Despite this quarterly…
IndiaFirst Life Insurance starts its first Financial Planning Centre in Chennai
 Present in Tamil Nadu through close to 250 outlets of its partner banks  Generated a total business of Rs. 25 crores from Tamil Nadu in its first 500 days…
Kotak Life becomes first Life Insurance company in India to train Advisors to become Certified PFAs
In a first of its kind initiative by a Life Insurance company in India, Kotak Mahindra Old Mutual Life Insurance Limited (Kotak Life Insurance) today launched a programme to enable…
III exams starts from 8th May 2011
The examination dates for Licentiate, Associate and Fellowship exams of Insurance Institute of India has been announced. You can click on the link below to get the lastest schedule
Royal Sundaram expands distribution network with three new branches
Royal Sundaram Alliance Insurance Company Ltd (www.royalsundaram.in ), the first private sector general insurance company to be licensed in India, announced expansion in its distribution network by opening three new…
Capital requirements and constraints in Indian life insurance sector in the current environment
Since the global financial crisis in 2008, capital injections into Indian life insurance companies have fallen off significantly. The level of capital injections dipped from Rs.8,170 crores in FY2008-09, to…
Royal Sundaram to inject Rs. 65 crore into the Business
Royal Sundaram Alliance Insurance Company Ltd (www.royalsundaram.in ), the first private sector general insurance company to be licensed in India, today announced the infusion of Rs. 65 Crore of additional…
Major Earthquakes around the world
We are listing here the costliest insured losses due to earthquake in Japan and the whole world.Â
Exposure Draft on Guidelines on Web Aggregators from IRDA
The use of internet is growing rapidly in India. Buyers of Insurance products increasingly access / visit websites to know the features and to compare prices of the products offered…