Why Life Insurers Need Reinsurance Protection?
In life insurance business, India ranked 9th among the 156 countries. During 2010-11, the estimated life insurance premium in India grew by 4.2 per cent. However, during the same period,…
IRDA puts reforms on fast-track mode
Late last week, the regulator sent out six draft regulations on standardization of products, product design, investment norms, bancassurance and reinsurance. The Insurance Regulatory and Development Authority (IRDA) is moving…
Munich Re exits India due to falling insurance premium
Munich Re, the world’s largest reinsurance firm with a premium income of nearly $50 billon a year has virtually pulled out of the Indian market, indicating that it will stay…
Guide Book for Reinsurance IC85 for Fellowship of Insurance Institute of India launched
Insurance Times is pleased to announce the launching of Guide Book for Re-Insurance (IC85) for Fellowship exam Non Life of Insurance Institute of India. This guide will be very helpful…
Insurance and Reinsurance of Terrorism Risk
Terrorism is a new risk posing challenge for the insurance industry. The terrorist acts of September 11, 2001 have caused many changes in the global terror insurance market. One major…
Swiss Re scouts for life and health partners
Reinsurance giant Swiss Re is looking for an Indian partner for its proposed venture into life and health insurance . The group is also keen on developing a market for…