Insurance - general

AIG to take a $700-mn hit on Japanese claims

19 Mar 2011

AIG expects to post $1 billion in pre-tax catastrophe losses in the first quarter of the current fiscal, including about $700 million in pre-tax claims costs from the earthquake and tsunami in Japan

Nippon Life acquires 26-% in Reliance Life Insurance

15 Mar 2011

Nippon Life's acquisition of a 26-per cent stake in Reliance Life Insurance for Rs.3,062 crore is the largest foreign direct investment (FDI) in the Indian insurance sector

Nippon Life acquires 26-% in Reliance Life Insurance

15 Mar 2011

Nippon Life's acquisition of a 26-per cent stake in Reliance Life Insurance for Rs.3,062 crore is the largest foreign direct investment (FDI) in the Indian insurance sector

Nippon Life acquires 26-% in Reliance Life Insurance

15 Mar 2011

Nippon Life's acquisition of a 26-per cent stake in Reliance Life Insurance for Rs.3,062 crore is the largest foreign direct investment (FDI) in the Indian insurance sector

Reinsurers seek to sidestep quake, tsunami costs

12 Mar 2011

Nippon Life set to buy 26 per cent in Reliance Life for $724 million

11 Mar 2011

With expected average economic growth rate of over 9 per cent and a comparatively low level of insurance penetration, India is seen by insurance firms as the most potential market other than China.

Nippon Life set to buy 26 per cent in Reliance Life for $724 million

11 Mar 2011

With expected average economic growth rate of over 9 per cent and a comparatively low level of insurance penetration, India is seen by insurance firms as the most potential market other than China.

AIG repays another $6.9-bn TARP loan

09 Mar 2011

The US government had bailed out AIG with total loans of $182.5 billion following the global financial crisis, making it to be the biggest single bailout in US history

Bank of India likely to acquire controlling stake in Bharti AXA AMC

05 Mar 2011

Buffet's Berkshire Hathaway to sell Bajaj Allianz products

03 Mar 2011

As corporate agent for Bajaj Allianz, Berkshire Hathaway expects to replicate its hassle-free US online direct distribution model for retail insurance sales in India

Weather insurance start-up receives funding from Google, Khosla

01 Mar 2011

IRDA to frame new guidelines for pension products

22 Feb 2011

IRDA issues guidelines on portability of health insurance

11 Feb 2011

LIC launches ‘variable’ products with assured returns

03 Feb 2011

AMP's bid for AXA gets independent expert’s approval

17 Jan 2011

UK competition regulator moves to prevent cartelisation in motor insurance premia

14 Jan 2011

Canara HSBC Oriental Bank of Commerce Life Insurance forays into child protection space

13 Jan 2011

Canara HSBC Oriental Bank of Commerce Life Insurance forays into child protection space

13 Jan 2011

AIG to sell Taiwan insurance unit Nan Shan to Ruentex for $2.16 billion

13 Jan 2011

Reliance Life tops in new policy sales, ICICI Pru in premium collections

30 Dec 2010

Reliance Life tops in new policy sales, ICICI Pru in premium collections

30 Dec 2010

Japan’s Dai-ichi Life Insurance plans to buy rest of Tower Australia for $1.2 billion

28 Dec 2010

IRDA sets up panel on third-party motor insurance

18 Dec 2010

Besides reviewing the pricing issue, the panel is also mandated to examine the possibility of extending third party cover to the driver of commercial vehicle as well.

AIA denies interest in Prudential Far East assets

13 Dec 2010

US medical insurer Aetna to buy Medicity for about $500 million

08 Dec 2010