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HANNOVER RE
European stocks extend gains for fourth day, Bayer soarsEuropean stocks edged higher on Tuesday, as positive corporate updates helped keep markets at a six-week high, a day after the United State...- Siemens very bullish on India, says global CEO Roland BuschSiemens global CEO Roland Busch said that the Indian government is ‘doing the right things’ and improving infrastructure in areas like logi...
- Life insurers explore financial reinsurance to raise capitalA study by Actuarial firm Milliman showed that 35 per cent of the 17 companies in survey are looking to raise capital from reinsurers.
- Irda rejects Watsa's plan to buy Sudhir Valia’s ITI ReinsuranceRegulator says company’s licence stipulates 5-year lock-in during which its shares can’t be sold.
- Prem Watsa’s Digit Insurance acquires ITI ReinsuranceThe holding company Digit Info Works will hold 100% of the reinsurance company.
- Reinsurers may get to invest in overseas sovereign bondsThe Rs1.5-lakh-crore general insurance market has become attractive for foreign reinsurers.
- ITI Reinsurance gets final Irdai nod to begin operationsLast week, Irdai had granted R3 approvals to five global reinsurers to set up their branches in the country.
- IRDAI to meet to accord approval to foreign re-insurersGermany's Munich Re and Hannover Re, Swiss Re from Switzerland, SCOR of France, and the UK-based Lloyd's are looking to foray into Indian m...
- Lady Shri Ram College girl bags Rs 1.4 lakh internshipAfter securing the highest job placements among Delhi University's colleges last year, Lady Shri Ram College has witnessed unprecedented in...
- 10 new players apply to Irdai to start operations in India"The regulator is currently processing applications of ten players consisting of insurers and re-insurers," IRDA member (Finance and Invest...
- First round cleared for foreign resinsurersInsurance regulator, Insurance Regulatory and Development Authority (IRDAI) has given initial approval to four foreign reinsures to open th...
- Global reinsurance companies rethink India entry plans"GIC Re being an Indian reinsurer should enjoy preference in the order of cessions by Indian insurers," IRDA said in the exposure draft.
- Norms on management control in insurance companies soon: IRDAInsurance industry regulator said it would soon come up with guidelines on management control in insurance firms.
- Reinsurer Swiss Re plans to enter IndiaSwiss Re is planning to set up shop in India after the country permitted foreign companies that cover the risk of insurers to open branches...
- After Llyod's, many other reinsurers keen to start operations in India"I welcome the news that India has a new insurance law. This is great news for Lloyd's as the new law allows us to operate in India," Lloyd...
- Insurance Law: Reinsurance companies can now open branches in IndiaEntry of reinsurance companies into the Indian market will bring in knowledge and expertise together with underwriting capacities.
- Warren Buffett’s Berkshire Group pulls out of General Insurance Corporation dealWarren Buffett’s Berkshire Group pulled out of the reinsurance business with GIC after the latter terminated a 3-yr contract without paying...
- German regulator bans short-selling in financial stocksGermany on Saturday halted short-selling in financial shares, when investors borrow company stock to sell it, following the example of Brit...
- Overweight won't weigh against youOverweight people and those with health problems may have some reason to cheer. After being adversely discriminated against by life insuran...
- New reinsurers in the Gulf turn up the heat on GICThe oil boom has resulted in billions of dollars flowing into reinsurance, creating new capacity in the Mid East, which will provide stiff ...
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