India
Indian resolution poll
Is a resolution mechanism needed for India?
Boom times ahead for India's online insurance market
India is experiencing internet growth at a time when consumers are more comfortable buying insurance online, creating opportunities for insurers with a successful online strategy, according to Anushri Bansa, Rajesh Sabhlok and Vivek Jalan.
Indian commercial rates expected to rise 15% following nat cats
Indian businesses are likely to see premiums rise by 15% as insurers include flood risk in policies having suffered large losses after recent natural catastrophes, it has been reported.
Indian insurers set to agree $50m of cover for Iranian oil ships
Indian insurance companies look likely to agree to $50m cover per voyage with Iranian crude oil on risk for collision and spills.
United India posts 21% rise in net profits
United India Insurance Co has posted 21% growth in net profit at Rs192 crore for the quarter ended 30 June 2012 (2011: Rs 159 crore).
Indian PMI insurer Apollo Munich Health aims for profit in 2013
Indian health insurer Apollo Munich Health Insurance has recorded gross written premiums of Rs 475.9 crore and aims to turn a profit next year.
Indian power failure highlights supply chain exposures
The widespread power failures in northern India in July highlighted the potential exposure for businesses relying on offshore outsourcing to deliver key services to customers worldwide, according to Zurich.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Indian insurers stop competing for group health business
Indian state-owned non-life insurance companies have stopped competing with each other in group health insurance policies in line with a directive issued by the ministry of finance in May.
India's government U-turns on tanker exemption
The Indian government has said that permission for Indian tankers carrying Iranian crude will be given on a case-by-case basis, a shift in position from the general exemption declared previously.
Insurers in bidding war for Air India's $8.6bn aviation policy
Three private non-life insurers have launched a consortium bid for Air India's $8.6bn aviation insurance policy, according to India's Financial Chronicle.
Indian health insurer targets private sector after losing government business
India's first standalone health insurer plans to raise Rs 100-150 crore of additional capital to drive the private retail segment following the loss of key business from two state governments, The Economic Times reported.
Indian government considers insurance reform
The Indian government is looking at financial reforms that will change the face of the insurance industry.
Atradius advises global firms on pitfalls of Indian market
Credit insurer Atradius has released a guide on how to trade successfully with India, as part of a series of reports designed to help businesses trade profitably with the world's emerging markets.
Insurance CEOs see Asia as most important for growth
Insurance chief executives see Asia as the most important growth region over the next 12-24 months, according to a survey by the Geneva Association.
Talanx subsidiary HDI-Gerling Industrie opens in Bahrain
Talanx subsidiary HDI-Gerling Industrie Versicherung AG is opening a branch in Bahrain.
Indian regulator rubberstamps aggregator site
An Indian price comparison website has become the first to receive approval from the country's Insurance Regulatory and Development Authority after complying with new guidelines.
India to investigate 'womb removal' insurance scam
The Indian state of Chhattisgarh is investigating reports that thousands of women had unnecessary hysterectomies so that hospitals could make insurance claims, the BBC reported yesterday.
SSP wins major bancassurer deal in Asia
Insurance systems provider SSP has signed a major bancassurer deal in Vietnam.
Private-public partnerships key to improving India's healthcare
The private sector has an important role to play in helping India achieve its goal of universal healthcare, senior figures said at a recent health conference.
Mapfre to offer roadside assistance for bikers in India
Mapfre Assistance is to provide breakdown assistance for moped and motorcycle riders in India, after designing a trailer to transport two-wheeled vehicles.
AIR launches cyclone model for India
Catastrophe modeling firm AIR Worldwide has released a cyclone model for India.
Magma gets IRDA nod for joint venture in India
Asset financing company Magma Fincorp has gained approval from India's insurance regulator to start a general insurance joint venture.
ICICI Lombard launches health product to provide comprehensive care for families
ICICI Lombard General Insurance Company, India's largest private sector general insurance company, has launched its new Health Care Plus policy.