Download as doc, pdf, or txt
Download as doc, pdf, or txt
You are on page 1of 18

1818 1818 - The insurance industry is the backbone of country's Risk

Management. The beginning of the Indian insurance industry dates


back to the nineteenth century. In 1818, Europeans started Oriental
Life Insurance Company in Kolkata (Calcutta)

1.

1858 Dec 9, 1858 - ike 6ity of Washington off Cape Race. Arrival of the
Edinburg at G.--No News of the Indian Empire, NiIORED RECALL
OF LORD . OF THE TRIAL, Wotton Unchanged-Breadstuhff and
Provisions pull-Consols

3.

1860 1860 - The great amalgamation that took place in 1860 between
the powerful Albert and the influential Medical may have been
actuated by considerations of policy or by financial expediency but,
in any case, was a remarkable event and produced a very strong
insurance combine.

5.

1870 1870 - The first Indian Insurance Company to cover Indian lives at
normal rates was Bombay Mutual Life Assurance Society which
was established in the year 1870.

7.

1870 - Although there was no legislative enactment in India as in


the United Kingdom in 1870, the year stands out as a landmark in
the history of Indian insurance, separating the early period of
pioneering attempts at life insurance.

9.

May 1870 - 4.The first Indian insurance company was the Bombay
Mutual Assurance Society Ltd,formed in 1870. 5.Life insurance
business was nationalised in India with the setting up of the Life
Insurance Corporation of India(LIC) on September 1,1956.

11.

1902 May 13, 1902 - Prof. Willlam B. Scott, the geologist, made the
following statement this morning concerning the destructive
earthquake and volcanic eruptions. " The evidence gleaned from
the newspaper accounts is both contradictory and inconclusive.
13.

1912 1912 - In order to regulate the insurance business in India and to


certify the premium rate tables and periodic valuations of the
insurance companies, the Life Insurance Companies Act and the
Provident Fund Act were passed to regulate the Insurance
Business in India in ...

Show more

From Final+ - Related web pages


www.scribd.com/doc/18490519/Final

15.

1914 Feb 1914 - The authoritative history of Indian insurance began to


be recorded for the first time when the Government of India started
publishing the Returns of Life Assurance Companies in India in the
year 1914.2 The first issue of this publication contains a reference.
From Life Insurance in India - Its History, Law, Practice and
Problems - Related web pages
books.google.com/books?id=9Nsnh4ggKNQC&pg=PA6 ...

17.

1919 1919 - Sir Dorabji Tata in association with a number of patriotic


businessmen conceived the idea of establishing a great and truly
Indian composite insurance company and promoted, through the
Tata Industrial Bank, the New India Assurance Company Limited,
in 1919, at a ...

Show more

From Untitled Document - Related web pages


www.tatacentralarchives.com/tata_trivia ...

19.

1928 1928 - In 1928, prominent insurance men of Bombay met and


formed the Indian insurance companies association to protect the
interest of Indian insurers. Leaders of the insurance industry began
to organize conferences, educate public on the benefit of
insurance, focus ...

Show more
From MBA Final year project in Insurance - Related web pages
www.docstoc.com/docs/14215558/MBA-Final-year ...

21.

1930 Apr 1, 1930 - AE Magnell Financial Editor. The annual statement of


Colt's Patent Fire Arms Manufacturing company revealing earnings
of $688524 or $3.45 a share compared with $248272 in 1928, or
$1.25 was beyond expectations in market circles. It was expected
that a considerably improved statement ...
From Hartford Stocks - Related web pages
pqasb.pqarchiver.com/courant/access/819887892 ...

23.

1933 Feb 27, 1933 - Once war-like Apache Indians have forsaken their
resistance to the "white man's" laws, and now seek their protection
instead of resorting to the time-honored tomahawk in settling
disputes, it is evidenced in the suit brought by the relatives of two
Apache Indian. INSURANCE. SOUGHT BY ...
From INSURANCE SOUGHT BY INDIAN KIN - Related web pages
pqasb.pqarchiver.com/latimes/access/388697811 ...

25.

1935 Oct 1, 1935 - Ship Insurance Rates Up . Bombay, September


(CPHavas) — Indian insurance com panies were reported today to
have decided to issue insurance on cargoes loaded in Italian ships.
The companies announced a 40 per cent increase in war risk in
surance rates on cargoes loaded in India and ...
From Ship Insurance Rates Up . - Related web pages
news.google.com/newspapers?id=cYg1AAAAIBAJ ...

27.

1938 Feb 18, 1938 - Incorporated on 18th February, 1938, United India
Insurance Co. Ltd. was later formed by the merger of 22
companies, including 12 Indian Insurance Companies, 4
Cooperative Insurance Societies, Indian operations of 5 Foreign
Insurers, and general

29.

1939 Mar 1939 - "Some Re-assurance Problems," by WH Clough, Indian


Insurance Journal, March 1939. when the original policy is revived.
In the case of sub-standard lives, when the principal office imposes
an extra premium by rating up the age of the assured

31.

1941 Jun 1941 - Insurance Advisory Committee Immediately thereafter


Sir Arcot with characteristic en- thusiasm instituted an Insurance
Advisory Committee in June 1941 to secure the active co-
operation of the offices in ensuring a smooth working of the Act.

33.

1951 1951 - Further, he introduced machinery breakdown insurance in


India in cooperation with Munich Re in 1951. He got the
underwriting of Indian hull business transferred from the United
Kingdom to India. And he started credit insurance on an all-India
basis. Thus, he ...

Show more

From Insurance Hall of Fame Laureate Profile


www.insurancehalloffame.org/laureateprofile ...

35.

1955 Oct 28, 1955 - Bill Gates On October 28, 1955, in Seattle,
Washington a boy was born. This child would grow up to be one of
the most successful people in the history of man. His name,
Willia... Save Paper. Prehistoric Animals And Their Influence On
Media For AM and T ...

Show more

From The Road Ahead Free College Essays 221 - 240 - Related
web pages
www.oppapers.com/subjects/the-road-ahead ...

37.

1956 1956 - In 1956, the Government of India nationalized insurance


companies bringing Indian Insurance sector under the purview of
the Government. These state owned Insurance companies became
highly inefficient and bureaucratic, had excess manpower and
countless delay in

39.
Jan 1956 - In January, 1956, that life insurance in India was
nationalized. About 154 Indian insurance companies, 16 non-Indian
companies and 75 provident were operating in India at the time of
nationalization. Nationalization was accomplished in two stages;

41.

Jan 19, 1956 - However, it was much later on the 19th of January,
1956, that life insurance in India was nationalized. About 154
Indian insurance companies, 16 non-Indian companies and 75
provident were operating in India at the time of nationalization.

43.

Sep 1, 1956 - By the year 1956, 154 Indian insurance, 16 non-


Indian insurance and 75 provident societies were carrying on Life
insurance business in India. On 1st September 1956 all the
Insurance Companies were nationalised.

45.

1972 Dec 1972 - United India Insurance's General Insurance Business in


India was nationalized in 1972. 12 Indian Insurance Companies, 4
Cooperative Insurance Societies and Indian operations of 5
Foreign Insurers

47.

1973 Jan 1, 1973 - The ownership of all shares of both the Indian
insurance companies and the foreign insurers from then on vested
in the Central Government with effect from 1.1.1973.

49.

1987 Jul 26, 1987 - Rooms With a View-On the Wall; New Emphasis on
Esthetics Means Hotel Art Is Looking Better ... find The Washington
Post articles. Until recently, hotel guests could expect to find at
least one thing waiting for them as they checked into their rooms

51.

1988 Aug 28, 1988 - The Insurance Industry Finds Its Premium Status
Threatened; Once Untouchable, Business Now Fair Game for
Change ... find The Washington Post articles. Insurance long has
enjoyed most-favored-industry status with Congress and the states.

53.
1989 Feb 6, 1989 - The proud mission of insurance. (column) ... find
National Underwriter Property & Casualty-Risk &Benefits
Management articles.

55.

1990 Dec 2, 1990 - City summit on housing gaining steam ... find
Chicago Sun-Times articles. Summitry is in the air.

57.

1991 Jun 17, 1991 - Metzenbaum seeks to restructure regulation of


insurance industry. (Howard M. Metzenbaum) (Late Breaking
News)

59.

1992 Feb 3, 1992 - Bailey fights poor image of industry. (William


Bailey) ... find National Underwriter Property & Casualty-Risk
&Benefits Management articles.

61.

1993 1993 - MALHOTRA COMMITTEE The government set up, in 1993,


a committee under the chairmanship of RN Malhotra, the former
insurance secretary and the RBI governor to evaluate the Indian
insurance industry and recommend its future direction.

63.

1994 Jan 16, 1994 - Insurance Industry Waves Jobs Flag at Its Critics ...
find Chicago Sun-Times articles.

65.

1995 May 15, 1995 - Chubb targets emerging Indian mkt.(Indian


Insurance market) ... find National Underwriter Property &
Casualty-Risk &Benefits Management articles.

67.

1996 Oct 7, 1996 - Professionalism a concern for industry in United


Kingdom. ... find Business Insurance articles.

69.

1997 Feb 27, 1997 - BOMBAY: India is expected to announce new steps
to open up Its lucrative Insur ance sector to foreign In vestors when
Finance Min ister Chidambaram presents his budget tomor row.
71.

1998 May 18, 1998 - Armed with an `AAA' rating from the Crisil, D
Sengupta, the Chairman and Managing Director of New India
Assurance is gearing up for the competition from the multinationals,
if the industry is thrown open to them in the future.

73.

Nov 15, 1998 - PTI. CALCUTTA, NOV 14: The Insurance


Regulatory Authority (IRA) would push through two supporting
legislations in Parliament soon after the enactment of the IRA Bill,
expected to be tabled in the winter session.

75.

Dec 16, 1998 - New Delhi, 16th December: Insurance employees


in India on Wednesday [16th December] struck work and held
demonstrations against Insurance Regulatory Authority (IRA) Bill
which seeks to open the sector to private domestic and foreign
investors.

77.

1999 Jan 17, 1999 - MUMBAI, JAN 16: Reliance Industries Ltd (RIL) has
made one of the biggest claims in the insurance history of Rs 244
crore following a major mishap at its Hazira facilities few months
ago.

79.

Mar 19, 1999 - Sir Christopher Benson, chairman of the chemical


giant Albright & Wilson, is an expert on managing global
companies. During his recent holiday in India, he made a
presentation on the subject at a function organised by the
Confederation of Indian Industry in Bombay.

81.

May 31, 1999 - SPACE INSURANCE CITED IN COX REPORT:


POTENTIAL SECURITY RISKS SEEN IN PLACING SATELLITE
COVER. ... find Business Insurance articles.

83.

Nov 11, 1999 - Four months ago, I became a piece of statistics. It


happened at a crossing near Lodhi Road, New Delhi. The same
place where a drunken youth driving an unregistered BMW killed
half a dozen people almost a year ago.

85.

Dec 1999 - In December 1999 the Indian Parliament passed the


Insurance Regulatory and Development Bill. Thus now we have a
new generation of Insurance Regulatory and Development
Authority (IRDA), which has the twin task of both regulating and
developing the insurance

87.

Dec 11, 1999 - There is no doubt at all that the government


monopoly over the insurance business had to end. There is a
crying need for better service, more innovation, and a
comprehensive insurance cover. But more importantly there is a
desperate need for a system which is not based on routinely

89.

2000 Jan 15, 2000 - ... ,cf301,8.2,9>WITH the passage of the Insurance
Regulatory & Development Authority legislation, the insurance
sector has come to occupy centre-stage. Foreign equity is allowed
to the extent of 26 per cent. The Act defines an Indian insurance
company as on e registered

91.

Feb 4, 2000 - IT has been a long wait for most insurance MNCs
waiting to have a go at the Indian insurance sector.

93.

Jun 20, 2000 - NEW DELHI, June 20 Asia Pulse - The advisory
committee of Insurance Regulatory and Development Authority
(IRDA) began its three-day meeting today to finalise guidelines for
the sector on but will tackle sensitive issues tomorrow.

95.

Jul 8, 2000 - American History in China ... find The Washington


Post articles. Is it possible that Clay Chandler--in his wanderings
across Xiamen's Gulangyu Island

97.

Aug 21, 2000 - CALCUTTA, Aug 21 Asia Pulse - General


Insurance Corporation of India (GIC), the country's state-owned
insurance company, is considering the merger of its four
subsidiaries as part of a restructuring plan to survive in a fiercely
competitive insurance market in future.

99.

Aug 29, 2000 - The Minister of State for Finance, Shri Balasaheb
Vikhe Patil has said that the government is committed to reforms in
the insurance sector in order to provide consumer satisfaction.

101.

Sep 14, 2000 - THE INDIAN insurance market has waited more
than five years for liberalisation. As is widely known, the
Government in April 1993 set up a committee on insurance sector
reforms (popularly known as the Malhotra Committee).

103.

Oct 30, 2000 - The granting of the first licences establishes the
success of regulation. Private companies have to prove
themselves. By CRL Narasimhan. On October 23, the Insurance
Regulatory Development Authority (IRDA) issued certificates of
registration to three private companies to undertake

105.

Dec 9, 2000 - TORONTO * Canada Life Assurance Co. has


decided not to proceed with plans to apply for a joint venture
insurance licence in India. The company said the decision is based
on an assessment of its current operations and changes in its
business makeup over the past several years.

107.

Dec 12, 2000 - Mumbai, Dec 11: The withdrawal of Centurion Bank
and the Ardee Group from the three way tie-up for entering into the
life insurance sector has forced Canada Life Assurance Co, which
was the third partner in the joint venture, to entirely drop its five
year old plan

109.

2001 Feb 7, 2001 - The emergence of tripartite ventures could create


problems for the insurance industry. Parliament should take the
earliest opportunity to debate whether its passing the Bill with a 26
per cent equity cap could be circumvented by the Executive and
the ind ustry regulatory body.
111.

Feb 19, 2001 - BANGALORE, Feb 19 Asia Pulse - India's


Insurance Regulatory Development Authority Chairman N
Rangachari has said the "prudential regulations" of the Authority
had taken care to ensure that there were no "fly-by-night operators"
in the opened up insurance sector.

113.

Mar 15, 2001 - ONLY an Indian insurance company can carry on


the business of insurance in India. In other words, a foreign
company cannot open a branch for this purpose in India. If it wants
to do insurance business in India, willy-nilly, it will have to float a
compan y in India whose sole purpose

115.

May 2, 2001 - NEW DELHI, May 2 Asia Pulse - Insurance


Regulatory and Development Authority (IRDA) has barred
insurance companies promoted by big business houses including
Reliance, Tatas and Birlas from investing more than five per cent of
funds in their group companies.

117.

May 10, 2001 - Online general insurance database ... find New
Straits Times articles. Ooi Yu-Liang New Straits Times 05-10-2001
Online general insurance database Byline: Ooi Yu-Li

119.

Jun 28, 2001 - Software for insurance industry ... find New Straits
Times articles. Subashini Selvaratnam New Straits Times 06-28-
2001 Software for insurance industry Byline: Subash

121.

Oct 22, 2001 - c) private and foreign firms would indulge in reckless
profiteering and skim the `urban cream' market, and ignore the
rural areas. Insurance is a Rs 400 billion business in India and,
together with banking services, contributes to about 7 per cent of
GDP.

123.

Nov 13, 2001 - The founders of ING Vysya Life Insurance will inject
fresh capital into the two-month-old Indian company next year to
boost growth, an official said on Monday. The company, which has
equity capital of Rs 1.1 billion, is 26 per cent owned by Dutch
financial services group ING.

125.

Nov 23, 2001 - NEW DELHI, Nov 23 Asia pulse - India's Insurance
Regulatory And Development Authority (IRDA) today said general
insurance claims must be settled within seven days, beyond which
insurance companies will have to pay annual rate of interest of 10
per cent on the claim amount.

127.

Dec 31, 2001 - Paving the way for a new paradigm, the Insurance
Regulatory and Development Authority will bid sayonara to New
Delhi this year but not to reforms, which is intended to make Indian
insurance market comparable with the best in the world.

129.

2002 Jan 24, 2002 - Cricket captain Steve Waugh will be brand
ambassador for Australian financial services group AMPs joint
venture with Sanmar Assurance of Chennai. After a video link with
Sanmar yesterday, Waugh announced that he will help launch the
brand and be involved in the marketing activities

131.

Feb 14, 2002 - NEW DELHI, Feb 14 Asia Pulse - The Insurance
Regulatory and Development Authority today pressed for the
passage of bills to convert General Insurance Corporation (GIC)
into National Reinsurer and allow brokers in the emerging sector in
the Budget session.

133.

Mar 22, 2002 - New Delhi: : With one of the lowest insurance policy
densities in the world, India is a market waiting to be explored, and
Indian and foreign banks, insurance companies and financial
institutions should concentrate on innovative products, pricing,
promotion and distribution strategies

135.

Aug 8, 2002 - NEW DELHI, Aug 8 Asia Pulse - The Insurance


Regulatory and Development Authority (IRDA) will formally open its
new head office in Hyderabad on August 12. IRDA had earlier
decided to shift its head office from New Delhi to Hyderabad on
July, official sources said.

137.

Aug 27, 2002 - The Chief Minister of Andhra Pradesh, Mr N.


Chandrababu Naidu, with Ms Maizon Omar, CEO, The Malaysian
Insurance Institute, Mr MVS Prasad, Vice-Chairman and Managing
Director, APIIC, and Mr N. Rangachary, Chairman, IRDA, at a
seminar in Hyderabad on Monday.

139.

Sep 3, 2002 - The pharmaceutical industry is under tremendous


pressure to keep delivering blockbuster products and good profits
that it has managed to secure in past years, but maintaining this
has never been more difficult. In 2000, 13 of the top 100 products
went off patent

141.

2003 Jun 13, 2003 - New Delhi June 12. The United States Agency for
International Development (USAID) will provide a $ 10 million
technical aid for development of Indian insurance sector over the
next four years. Bearing Point, formerly known as KPMG
Consulting, was awarded the contract on May 27

143.

Jul 1, 2003 - TALLAHASSEE State offi— cials ordered an


insurance company that claims to be exempt from federal laws
because it serves Seminole Indians to stop doing business
because the tribe says the com pany doesn't have approval to sell
insurance to its members.

145.

Sep 22, 2003 - AT the turn of the century, the insurance sector,
once the domain of State-run insurance companies was thrown
open to private enterprise on December 7, 1999, with the
introduction of the Insurance Regulatory and Development
Authority (IRDA) Bill.

147.

Oct 23, 2003 - INDIA - Millea Holdings Inc (MH) planned to raise its
stake to ##% from ##%, by acquiring a ##% stake in IFFCO-Tokio
General Insurance Co Ltd, a joint venture between Indian Farmers
Fertilizers Cooperative Ltd and Tokio Marine & Fire Insurance:
Mergers & Acquisitions, Deal Snapshot.

149.

Dec 8, 2003 - Daily wage labourers in front of an insurance


complex in Hyderabad. With no stable income, will insurance ever
interest them? — A. Roy Chowdhury. E VER since deregulation in
2000, the Indian insurance industry has expanded significantly,
with both the incumbent public sector insurers

151.

2004 Feb 5, 2004 - By Sumner Lemon | IDGNS. Sun Microsystems Inc.


has signed a deal with United India Insurance Co. (UIIC) to equip
10000 users at the Indian insurance provider with its StarOffice 7
desktop applications suite, the Santa Clara, California, company
said Wednesday.

153.

Feb 6, 2004 - By Online Staff. India's second largest insurer,


United India Insurance Company, is moving 10000 desktops to Sun
Microsystems' office suite StarOffice.

155.

Sep 13, 2004 - THE PROPOSAL to raise the level of foreign direct
investment in the insurance sector from 26 per cent to 49 per cent
has, as expected, caused some concern among trade unions.
However, with near unanimity among major political parties on the
issue, the proposal is likely to be ...
From Foreign Direct Investment in insurance - Related web pages
www.hindu.com/2004/09/13/stories ...

157.

Dec 21, 2004 - Indian insurance companies want freedom to price


all products. ... find Economic Times (New Delhi, India) articles.
Byline: Mayur Shetty Dec. 21--MUMBAI, India -- Insurance
companies last week asked the Insuranc...
From Article: Indian insurance companies want freedom to price all
products. - … - Related web pages
www.highbeam.com/doc/1G1-126400789.html?refid ...

159.
2005 Apr 13, 2005 - RIYADH, 13 April 2005 — Visiting Indian Finance
Minister P. Chidambaram formally announced on Monday night the
setting up of a SR100 million Saudi-Indian insurance venture. The
Saudi Ambassador to India Saleh M. Al-Ghamdi, a prominent
Saudi investor in the venture Fawaz A. Abdulaziz ...
From SR100m Saudi-Indian Insurance Venture Set Up - Related
web pages
www.arabnews.com/?page=6&section=0&article ...

161.

Aug 3, 2005 - Even as last week's flood claims threaten to breach


the Rs 2000 crore level -- the largest in Indian insurance history
-- insurance companies say that they are equipped to settle the
losses. But the bad news for businesses is that not all their
financial losses can be recovered from ...
From Half Dressed, Half Naked. - Related web pages
www.accessmylibrary.com/premium/0286/0286 ...

163.

Aug 12, 2005 - Economic Times (New Delhi, India); August 3, 2005
; 700+ words ... ... largest in Indian insurance history -- insurance
companies say that they are equipped to settle ... financial losses
can be recovered from insurance companies. With bad weather
continuing for . ...
From Article: Flood and after: Non-life companies told to add it all
up. - … - Related web pages
www.highbeam.com/doc/1G1-135152014.html?refid ...

165.

Sep 22, 2005 - HURRICANE Katrina that had wreaked havoc in the
US is beginning to have its effect far away. The Indian insurance
market is beginning to feel the ripples with global reinsurance
premium hardening. Indian insurers are finding it hard to negotiate
lower reinsurance rates in the global ...
From Post-Katrina, Indian insurers faced with high re-insurance
premium - Related web pages
www.thehindubusinessline.com/bline/2005/09/22 ...

167.

2006 Jan 16, 2006 - NEW DELHI, Jan 16 Asia Pulse - In line with the
government's resolve to revamp the agriculture sector to achieve
higher GDP growth, insurance companies too are chipping in with
innovative products that promise to standby farmers in times of
distress like floods or cyclones. ...
From ANALYSIS - INDIAN INSURANCE FIRMS TO RENEW
PUSH ON FARM … - Related web pages
www.accessmylibrary.com/premium/0286/0286 ...

169.

Mar 27, 2006 - Indian insurance history -- insurance companies


say that they are equipped ... losses can be recovered from
insurance companies. With bad weather continuing ... of profits'
cover," says Kamesh Goyal, managing director, Bajaj ... ...
From Article: Insurers crack the stolen-car code. - Economic Times
(New Delhi, … - Related web pages
www.highbeam.com/doc/1G1-143795172.html?refid ...

171.

Sep 25, 2006 - An exponential growth of 500% is projected in the


insurance industry in India within the next four years. With rural and
semi urban consumers contributing for about $36 billion, out of
which $24 billion will come through life insurance while the rest will
be derived from non-life ...
From Indian Insurance to Touch $60bn By 2010. - Related web
pages
www.accessmylibrary.com/premium/0286/0286 ...

173.

Oct 5, 2006 - ING Group, the Amsterdam-headquartered banking


and insurance group, has drawn up plans to scale up the
operations of its insurance joint venture in India, ING Vysya Life
Insurance, over the next one year. The insurance venture will
increase headcount by 66% to 5000 by end-December 2007 ...
From ING Vysya to scale up Indian insurance ops - Related web
pages
www.business-standard.com/common/storypage_c ...

175.

2007 Jan 6, 2007 - IFFCO-TOKIO General Insurance (ITGI) was created


in 2000, following the merger of an Indian fertilizer company and
Japan's largest listed insurance group. IFFCO-TOKIO General
Insurance wanted to ensure that customer and user satisfaction is
not impaired by poor IT support facilities. ...
From Indian Insurance Firm Decreases Time to Incident Resolution
by 40% … - Related web pages
www.zdnetasia.com/itlibrary/it-management/0 ...

177.
Feb 19, 2007 - Feb. 19--NEW DELHI -- North Block is preparing a
red carpet welcome to London-based Lloyd's, the world's largest
society of underwriters. The finance ministry has proposed to
suitably amend the Insurance Act to facilitate Lloyd's entry into the
Indian insurance market. ...
From Lloyd's set to enter the Indian market. - Related web pages
www.accessmylibrary.com/premium/0286/0286 ...

179.

Mar 26, 2007 - Most private insurance companies in India are joint
ventures with a foreign partner and this has helped Indians enter
the global arena. Mumbai March 25 For Mr Binayak Dutta,
accepting the offer to be CEO of Prudential Assurance in Vietnam
was all about `getting out of the comfort zone' ...
From Indian insurance executives go global - Related web pages
www.thehindubusinessline.com/bline/2007/03/26 ...

181.

Jul 17, 2007 - Chennai, India-based insurance company Star


Health and Allied Insurance next week is scheduled to launch the
country's first insurance policy that covers people living with
HIV/AIDS, the Times of India reports. Under the policy, an HIV-
positive person with a CD4+ T cell count of 500 ...
From Indian Insurance Company To Provide HIV-Positive People
With … - Related web pages
www.medicalnewstoday.com/articles/76905.php

183.

Jul 30, 2007 - 30 Jul 2007, 1300 hrs IST, PTI. DUBAI: Two Indian
insurance companies -- Life Insurance Corporation of India (LIC)
and New India Assurance have entered into a contract with Saudi
Arabia's Al Hokair Group to make their services available in the
kingdom. ...
From Indian Insurance cos to launch services in Saudi - Related
web pages
economictimes.indiatimes.com/articleshow ...

185.

Oct 29, 2007 - MANAMA: The New Indian Assurance Company


(NIA) is looking at a 30 per cent growth in Bahrain over the next
one year, it was announced yesterday. Company chairman and
managing director B Chakrabarti told the GDN that this would
further consolidate the position of Bahrain's oldest ...
From Business News Indian insurance firm eyeing 30pc growth -
Related web pages
www.gulf-daily-news.com/Story.asp?Article ...

187.

2008 Jan 28, 2008 - MUMBAI (Thomson Financial) - Housing


Development Finance Corporation Ltd said India's insurance
regulator has in principle approved the sale of its 26 pct stake in
HDFC General Insurance Company Ltd (HGICL) to Germany's
ERGO International AG, a unit of Muenchener Rueckversicherungs
AG, ...
From Indian insurance regulator approves HDFC's 2.35 bln rupees
stake sale … - Related web pages
www.forbes.com/markets/feeds/afx/2008/01/28 ...

189.

May 8, 2008 - MUMBAI, May 8 (Reuters) - Canara HSBC Oriental


Bank of Commerce Life Insurance Co Ltd said on Thursday it has
got the licence to operate in India from the Insurance Regulatory
and Development Authority. The company is a joint venture
between state-run Canara Bank (CNBK. ...
From HSBC's Indian insurance JV gets regulatory nod - Related
web pages
in.reuters.com/article/domesticNews ...

191.

Jun 2, 2008 - Kakinada: The All India Insurance Employees'


Association (AIIEA) is opposed to hike in the limit of Foreign Direct
Investment (FDI) in Indian insurance companies, not because of
fear of competition from foreign companies but due to the danger of
'native savings' ending up in 'alien ...
From 'Global companies keen on major share of Indian insurance
sector' - Related web pages
www.thehindu.com/2008/06/02/stories ...

193.

Jun 16, 2008 - BANGALORE, June 16 (Reuters) - An Indian


insurance venture between two state-run bank and HSBC
(HSBA.L) will be capitalised at 3.25 billion rupees or about $81
million and will have access to 40 million customers, the companies
said in a statement on Monday. ...
From HSBC Indian insurance JV capitalised at $81 mln - Related
web pages
www.reuters.com/article ...
195.

Sep 26, 2008 - R. Kannan, a member of the Indian insurance


regulator, IRDA, says there is no need to tighten rules as insurers
in the country have not been hurt by the global financial crisis. New
Delhi: The Indian insurance regulator has said there is no need to
tighten rules as private insurers in ...
From No need to tighten rules, says insurance regulator - Related
web pages
www.livemint.com/2008/09/26194854/No-need-to ...

197.

2009 Dec 10, 2009 - In October, the Indian life insurance Industry
clocked a double-digit growth (first time in the last 12 months) of
35.7% year-on-year (yoy) in the total annual premium equivalent
(APE). The growth was largely contributed by strong inflows in first-
year premiums. ...

You might also like