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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
- PolicyBazaar parent scouting for a buy in reinsurance spaceTwo persons aware of the development said that the company has earmarked about Rs 500 crore to finance buyouts and other strategic initiati...28 Mar, 2018, 11.46 AM IST
- Moody's paints a rosy picture about non-life sectorThe global rating agency Moody s, in its report, has projected that GDP will grow at 6.7 per cent this fiscal year.28 Nov, 2017, 04.08 PM IST
- Warren Buffett has set his eyes on this world-beating market in IndiaBuffett asked one of his top lieutenants, Ajit Jain, to oversee the reinsurer last year.28 Sep, 2017, 02.15 PM IST
- IRDAI clears different licences to new playersIrdai in its board meeting held on March 3 has cleared different level of regulatory clearances to the new companies intending to enter cou...08 Mar, 2017, 09.57 PM IST
- General insurers vote against change of rule in favour of foreign playersThe insurers fear that the new regulation – which gives foreign reinsurers the first right of refusal in obtaining business in India — woul...11 Jan, 2017, 01.24 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
- Lloyd’s of London gets R1 license, to start operations in 2017The marketplace expects syndicates to slowly join their platform as the regulator has given first right of refusal to Indian reinsurer Gene...07 Nov, 2016, 03.59 PM IST
- IRDA gives R1 nod to ITI for reinsurance businessThe reinsurance market in India is estimated to be $2billion. ITI Investment is a subsidiary of Fortune Financial Services, which is contro...01 Jul, 2016, 05.06 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
- 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
- GIC Re plans to set up national catastrophe fundGIC Re has the expertise of managing the terrorism pool effectively and the same would be applied for supervising the proposed catastrophic...23 Nov, 2014, 11.55 AM IST
- Berkshire Hathaway finally forays into India’s reinsurance businessBerkshire Hathaway has shed its India aversion & for the first time took up the role of a dominant reinsurer for 3 insurers.04 Apr, 2012, 12.05 PM IST
- Reinsurance costs in India still lowEntry of new smaller companies in place of major of companies ensures low rates.01 Apr, 2011, 05.46 AM IST
- Canada’s Manulife plans foray into India’s insurance spaceCanada’s Manulife Financial, the world’s sixth-largest insurer by market value, is preparing to enter India, a decade after the insurance s...04 May, 2010, 01.46 AM IST
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