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.
12 Mar, 2019, 06.54 AM IST
Prem Watsa’s Digit Insurance acquires ITI ReinsuranceThe holding company Digit Info Works will hold 100% of the reinsurance company.
28 Jun, 2018, 11.42 AM IST
Reinsurers may get to invest in overseas sovereign bondsThe Rs1.5-lakh-crore general insurance market has become attractive for foreign reinsurers.
11 Jun, 2018, 10.38 AM IST
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.
30 Dec, 2016, 05.54 PM IST
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...
12 Jun, 2016, 03.21 PM IST
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...
02 Apr, 2016, 11.34 AM IST
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...
28 Mar, 2016, 04.52 PM IST
First round cleared for foreign resinsurersInsurance regulator, Insurance Regulatory and Development Authority (IRDAI) has given initial approval to four foreign reinsures to open th...
14 Mar, 2016, 03.40 PM IST
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.
11 Dec, 2015, 11.32 AM IST
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.
22 Aug, 2015, 03.49 AM IST
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...
19 Mar, 2015, 04.29 AM IST
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...
17 Mar, 2015, 11.47 AM IST
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.
13 Mar, 2015, 04.00 AM IST
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...
19 Aug, 2013, 05.26 AM IST
- German regulator bans short-selling in financial stocks
Germany on Saturday halted short-selling in financial shares, when investors borrow company stock to sell it, following the example of Brit...
20 Sep, 2008, 03.16 PM IST
- Overweight won't weigh against you
Overweight people and those with health problems may have some reason to cheer. After being adversely discriminated against by life insuran...
26 May, 2008, 02.26 AM IST
- New reinsurers in the Gulf turn up the heat on GIC
The oil boom has resulted in billions of dollars flowing into reinsurance, creating new capacity in the Mid East, which will provide stiff ...
20 May, 2008, 01.00 AM IST