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REINSURANCE DIVERSIFICATION
Insurers may get to diversify operations beyond core businessThe finance ministry proposes allowing insurers to expand beyond insurance. The draft suggests new services like guarantee and indemnity se...
Inside Dream Sports diversification strategy; Delhi taxi ban’s impact on cab aggregatorsDream Sports, the largest real-money gaming company in India, is charting its diversification strategy and will now turn to more strategic ...
Hot Stocks: Brokerage view on General Insurance, Info Edge, BHEL, Dabur, and VodafoneJPMorgan has upgraded General Insurance Corporation to buy with a target price of Rs 230, stating that it foresees an improvement in the tr...
IRDAI closely monitors insurers’ investments, intervenes if necessary: Chairman Debasish Panda"The IRDAI has an extensive framework for regulating and monitoring investments made by insurance companies, which is applicable on both th...
LIC may look at composite licence after passage of Insurance Laws (Amendment) BillThe proposed amendments suggest that the minimum paid up capital be specified by the Insurance Regulatory and Development Authority of Indi...
Create a market for catastrophe bondsFor another, these offer attractive yields, and so can well be lapped up by long-term investors with the requisite risk appetite.
GIC Re swings to profit of Rs 672 croreCompany’s performance is aided by better underwriting and lower claims
General Insurance Corp. Re gets Lloyd's entryWith the spurt in crop insurance, GIC Re’s had seen significant growth from the Indian insurance market.
GIC profit soars in Q2 on underwriting, price gainsThe company reported combined ratio of 99.4 per cent for the first half of the year up from 99.1 per cent.
There is a lot of investor appetite for our IPO due to reasonable valuation: Alice Vaidyan, GIC Re“Last year, GIC Re had grown at 82% on the back of the crop insurance scheme”
Government is supporting GIC in a big way: Alice G Vaidyan, GIC India“GIC is in a very unique space as a reinsurer with a dominant market share and a global book”
For industry to be sustainable, pricing discipline has to come: Alice Vaidyan, GICThere is a scope of increasing price in volatile lines of businesses like health and agriculture
We get business because we are unique with strong financials: G Srinivasan, The New India AssuranceWe are not only serving the Indian diaspora, we are serving foreign nationals as well.
Livestock, aquaculture sectors in India need more insurance coverage: Swiss Re reportAlmost 14.6 million people in India make their living from fishing. Marine and farm fish harvests in India have doubled since 1992 to 9.04 ...
Llyod's hopes to start operation in India in next one yearEncouraged by government's decision to push insurance sector reforms, UK-based re-insurance giant Llyod's said it expects to start operatio...
ECGC to introduce specialised products for medium, small and micro enterprisesExport Credit Guarantee Corporation Ltd, is having plans to introduce new products targeted at MSMEs, informed N. Shankar.
IRDA wants LIC in energy insurance pool for IranThis will reduce the need for Indian insurers seeking re-insurance from the bigger global players as any claim that may arise could be sett...