Major banks commit to carbon neutrality by 2050"All targets will be regularly reviewed to ensure consistency with the latest science," the United Nations' finance for the environment ini...
21 Apr, 2021, 05.39 PM IST
UK-based AXIS Capital to quit coal coverWith the announcement, AXIS joins a growing list of global insurers refusing to insure coal projects.. “Renewals, however, according to the...
18 Oct, 2019, 07.43 PM 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
Is panel staring at a conflict of interest in LIC chief selection?A six-member government-appointed panel is looking to appo int the chairman of LIC after SC Roy quit a few months ago suddenly without assi...
13 Oct, 2016, 08.14 AM IST
US based Reinsurance Group gets initial nod to set up India branchThe company will now apply for final approval R-2, which is likely to be cleared by Irdai during its next board meeting, the official added.
01 Jul, 2016, 11.48 PM IST
French IT major Capgemini dissolves IGATE brandThe rebranding of IGATE as Capgemini is a key step in the integration process which has seen 31,000 former IGATE employees join Capgemini.
25 Jan, 2016, 08.48 PM IST
- Huge scope for Canadian investment in India: Shashi Tharoor
India offers huge scope for Canadian firms to participate in its USD 1 trillion infrastructure development plan, Congress MP Shashi Tharoor...
08 Oct, 2011, 10.39 AM IST
- $2 mn Buffett dinner may be free for Irda chief J Hari Narayan
Warren Buffett who is visiting India to propagate his charity cause, has sought a meeting with insurance chief, for an unknown agenda.
07 Mar, 2011, 05.30 AM IST
- Chilean quake could cost insurers up to $8 billion
The 8.8-magnitude earthquake that killed more than 700 people in Chile last week may be the most expensive for insurers since 1994 and the ...
04 Mar, 2010, 01.17 AM IST
- Rivals spot opportunity in ING split
ING Groep’s decision to split off e12 billion ($18 billion) of insurance businesses is likely to have competitors jostling for its units in...
12 Nov, 2009, 02.24 AM IST
- US judge dismisses lawsuit against AIG
Safeco Insurance Co. of America filed a lawsuit on April 14, which was reassigned to Gettleman because it is related to the NCCI case.
22 Aug, 2009, 04.04 AM IST
- Munich RE to buy AIG's HSB unit
Reinsurer Munich Re AG said that it would pay $742 million to buy Hartford Steam Boiler from its embattled parent company, American Interna...
22 Dec, 2008, 06.01 PM IST
- Munich RE to buy AIG's HSB unit
Reinsurer Munich Re AG on Monday said it would pay $742 million to buy Hartford Steam Boiler from its embattled parent company, American In...
22 Dec, 2008, 02.07 PM IST
- AIG CEO's salary is $1; no pay hike for top executives
AIG said that its CEO would get a salary of only one dollar and there would be no pay hikes for its top executives through 2009.
26 Nov, 2008, 11.29 AM IST
- Munich Re 2Q net profit falls 47 pc
Reinsurer Munich Re AG said Wednesday the company's second-quarter net profit fell by 47 percent amid market turmoil and asset write-downs ...
06 Aug, 2008, 07.44 PM IST
- LIC bets big with new health insurance plan
Life Insurance Corporation of India expects to provide cover to at least one crore families within a year of the launch of its new health i...
26 Nov, 2007, 01.50 AM IST
- Buffett’s fund to buy Swiss reinsurer’s arm for $295m
Swiss reinsurer Converium has agreed to sell its North American unit to Berkshire Hathaway for $295m including debt, clearing a key hurdle ...
18 Oct, 2006, 12.34 AM IST