the area. The fire might also have caused one of the biggest losses in the history of the Indian insurance market.
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INDIAN INSURANCE
The penetration of insurance in India as a percentage of GDP is still minuscule, when compared to other countries. But the Indian insurance sector has gone through a number of phases and changes, especially since the government opened up the sector to private companies in 1999. Indian Insurance tracks the news on the regulatory framework of insurance in India, insurance issues, state of insurance companies, individual and business insurance needs, and more.
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retail business elsewhere. What prompted you to get into health insurance in India? We are getting into health...
laid them out as covering the uninsured, reducing the costs of healthcare, and more security for those with insurance.
upward and was 134% in fiscal year 2008-09. Finally, the influx of competitors since the liberalization of the Indian...
insurers know that. This is why a few insurance companies have launched the little known concept of wedding insurance...
Private insurer ICICI Prudential has pipped SBI Life to regain the top position among private players garnering new...
headed by Justice Ashok Bhan said. The Commission passed the order on two revision petitions filed by United Indian...
in case something unfortunate happens to you, they also have a savings element for your long-term needs.
might cost after the various insurance adjusters were done. Reid would have paid even less had he purchased Indian...
It is not possible to negotiate the basic premium rates offered by insurance companies. Using a little common sense and...
The aim is to cover around one-tenth of Indians and become one of the potent players in the Indian insurance sector by...
CII National Committee on Insurance and Pensions, and Chairman, Life Insurance Corporation of India, spoke on how the...
Ghosh said the unit would be considering roping in a strategic investor if the IPO fails to materialise.
foreign direct investment into the country. Under current regulations, foreign companies can own up to 26% in an Indian...
valuable life insurers, and Taiwan's Cathay Financial Holdings (2882. TW). 'There's no way of playing the Indian...
estimates, 5 years of historical data and five-year forecasts. The Snapshots report gives an instant overview of the...
Life Insurance Corporation of India (LIC) helped the insurance industry clock 28 per cent rise in new business premium...
He walks now without any aid and has had no major complications. The total bill, paid by his Indian insurance company,...
degree of political and economic stability. It is, therefore, an attractive environment for us. We perceive that the...
undergo any medical tests to avail themselves of this plan. MetLife India Managing Director Rajesh Relan said health...
of a life insurance firm will be prohibited from being a director on the board of any other Indian insurance company,...
But they are hoping that the government's imminent approval to allow foreign firms own 49% in an Indian insurance...
and gives an independent evaluation of the impact of this initiative on the automotive industry. Theft and car...
Top Sources: Indian Insurance
- economictimes.indiatimes.com
- Economictimes
- Boston Globe
- personalmoney.in
- business-standard.com
- Indian Express
- Washington Post
- BBC
- Business Insurance
- Chicago Tribune