All the headlines from our India Topic Page, ordered by recency.
Aug 15 2016 // Liberty Mutual Insurance Group is increasing its overall interest in its non-life insurance joint venture company, Liberty Videocon General Insurance Co. Ltd., from 26 percent to 49 percent.The increase was enabled as a...
Jul 5 2016 // Shipping Corporation of India (SCI) will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner, the chairman of India’s biggest shipping company said on...
Jun 28 2016 // The model’s seismicity analysis covers areas with seismic activity that may affect India, including the countries of Pakistan, Nepal, Bhutan and Bangladesh, AIR said, noting that the model assesses damage and loss...
Apr 22 2016 // India will get its first life-insurance listing since it opened up to private-sector investors 16 years ago, paving the way for more companies seeking to go public in an industry that’s since grown to more than $50...
Apr 1 2016 // Lloyd’s announced it intends to file an application to open a reinsurance branch in Mumbai, following the publication of regulations governing the Lloyd’s market earlier this week by the Insurance Regulatory...
Mar 28 2016 // Indian airport operator GVK Power & Infrastructure Ltd. said it sold a stake in its Bengaluru aerodrome to Fairfax Financial Holdings Ltd., helping cut debt. The shares rose.Fairfax will buy 33 percent of Bangalore...
Mar 18 2016 // Lloyd’s announced the appointment of Shankar Garigiparthy as country manager for India. In this new role Garigiparthy will be responsible for market development, representing Lloyd’s in discussions with...
Feb 5 2016 // India’s decision to join a global treaty on nuclear accident liability may help it woo reactor suppliers, including Westinghouse Electric Co. and General Electric Co., that have been reluctant to sell technology to...
Jan 26 2016 // Munich Re will acquire an additional 23.27 percent of shares of Apollo Munich Health Insurance Co. Ltd., from its joint venture partner, the Apollo Hospitals Group, India, increasing its shareholding from 25.5 percent to...
Jan 25 2016 // Alice Vaidyan has been appointed as chair and managing director of General Insurance Corp. of India (GIC Re), the national reinsurer. She is the first woman to be appointed as chair in the history of Indian insurance...
Jan 21 2016 // XL Catlin announced it has begun the licensing process to establish a reinsurance branch in India.The decision to pursue market entry into India aligns with XL Catlin’s strategy of establishing a presence in emerging...
Jan 5 2016 // A magnitude 6.7 earthquake hit northeast India near its border with Myanmar and Bangladesh on Jan. 4 at 4:35 a.m. local time, about 29 kilometers (18 miles) northwest of Imphal, the capital of Manipur state, according to...
Dec 8 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events that occurred...
Dec 8 2015 // Insurers from Lombard General Insurance Co. to American International Group Inc. are bracing for a surge in Indian claims to a 10-year high after unprecedented floods last week ravaged Chennai, the city home to factories...
Dec 3 2015 // As the flood-ravaged Indian city of Chennai prayed for respite from torrential rains, a trade body said losses to businesses from the record downpour could reach more than 150 billion rupees ($2.2 billion).*Water...
Nov 12 2015 // The year is 2026. Flooding, worsened by climate change, has devastated Bangladesh and driven millions of hungry refugees to its border with India. Worried about unrest and disease, India asks other nations for help.The...
Oct 27 2015 // According to catastrophe modeling firm AIR Worldwide the epicenter the magnitude 7.5 earthquake that struck northeastern Afghanistan yesterday was located in the Hindu Kush mountain range, 45 km (28 miles) north of...
Oct 26 2015 // Afghanistan’s strongest earthquake in more than six decades shook buildings across South Asia, prompting officials from Kabul to Islamabad to New Delhi to send out rescue teams to search for survivors. More than 130...
Oct 15 2015 // A federal judge has dismissed a lawsuit against a Wyoming-based wilderness training academy over the death of a hiker on a 2011 trip to India.U.S. District Judge Alan B. Johnson last week dismissed the suit filed by...
Sep 4 2015 // A woman who accused an Uber Technologies Inc. driver in India of raping and beating her during a ride home in December dropped her U.S. lawsuit against the company.No details were provided in a court filing saying that the...