All the headlines from our India Topic Page, ordered by recency.
Jul 12 2012 // Iran is shipping oil to China, its top buyer, despite a row over freight terms, and Japan has taken steps to resume imports in August as Tehran finds ways to get around Western sanctions on ship insurance for its...
Jun 27 2012 // Liberty Mutual Insurance Group announced that Liberty Videocon General Insurance Company Ltd, a joint venture between Liberty Mutual Insurance Group and Videocon Industries Ltd., has received the necessary license from...
Jun 27 2012 // Swiss Re’s latest sigma study concludes that “global overall premiums declined 0.8 percent in real terms in 2011. While non-life premiums expanded 1.9 percent on solid economic growth in emerging markets and...
Jun 18 2012 // AtlasAtlas Financial Holdings Inc. has started selling its core commercial automobile insurance products in Utah, becoming the 31st state where Atlas is actively underwriting. Atlas’ insurance subsidiaries, American...
Jun 14 2012 // Japan’s lower house is set to pass a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, making it the first of Iran’s big Asian buyers to find a way to keep the oil flowing...
Jun 12 2012 // The United States extended exemptions from its tough, new sanctions on Iran’s oil trade to seven more economies on Monday, leaving China the last remaining major importer exposed to possible penalties at the end of...
Jun 5 2012 // Atlanta-based insurance software and e-commerce supplier Ebix said it has agreed to buy life insurance and annuity services provider PlanetSoft Inc. for $40 million.Ebix said the acquisition is expected to be immediately...
May 25 2012 // The CPCU Society has approved the formation of an India CPCU Society Chapter. The India CPCU Society Chapter is the fifth international CPCU Society Chapter in addition to Bermuda, Europe, Japan and South Korea. The CPCU...
May 9 2012 // The UK is seeking to persuade fellow European Union members to postpone by up to six months a ban on providing insurance for tankers carrying Iranian oil, arguing that it could lead to a damaging spike in oil prices,...
May 1 2012 // Indian state-run insurers have agreed to give limited cover to local ships for carrying Iranian oil, helping the energy-hungry country import reduced volumes from sanctions-hit Tehran from July, a Shipping Corp of India...
Apr 25 2012 // Standard & Poor’s cut India’s credit rating outlook on Wednesday to negative from stable, reflecting the toll that hefty fiscal and current account deficits and political paralysis are exacting on...
Apr 12 2012 // Yesterday the world held its breath, as two strong earthquakes within hours of each other shook the Indian Ocean sea bed, not far from the epicenter of the quake in 2004, which generated a tsunami that took over a quarter...
Mar 21 2012 // The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the possibility of...
Mar 13 2012 // An Indian government company with more than a quarter of a billion customers has once again dug into its pockets to prop up its financially-strapped owner.Policyholders in the Life Insurance Corporation of India, a...
Mar 8 2012 // A survey from London-based Finaccord found that in ten emerging economies, surging car sales have doubled the value of their automotive finance and leasing markets in five years, to reach $182 billionFinaccord said:...
Feb 24 2012 // India’ export guarantee agency has not stopped giving insurance cover to shipments to Iran and has only tightened criteria as part of a more cautious approach, official sources said on Friday, as western sanctions...
Feb 23 2012 // ING Groep NV is planning to sell its three Asian insurance joint ventures separately from its other Asia assets so that the overall sale is not held up by negotiations with partners, two sources with direct knowledge of...
Jan 25 2012 // The United States is making a push for a group of countries within the World Trade Organization to start talks to liberalize trade in services, even if big developing countries like China, India and Brazil don’t want...
Jan 20 2012 // A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of The New India Assurance Company...
Jan 18 2012 // Global economic challenges will make it difficult for insurers to generate growth and profits over the short and long term, however, they might improve their chances for achieving success in 2012 by focusing on new...