All the headlines from our India Topic Page, ordered by recency.
Oct 16 2003 // California-based ePolicy Solutions announced that it has established “a dedicated development facility in India, through an agreement with Mastek Limited, a global IT solutions company.” President, CEO and...
Jul 21 2003 // ebix.com Inc., an international supplier of software and e-commerce solutions to the property and casualty insurance industry, announced that it has received ISO 9001:2000 certification for both of its call center and...
Apr 15 2003 // Willis Group Holdings Ltd. has formed a joint venture with Bhaichand Amoluk Consultancy Services Pvt. Ltd. to provide insurance broking and risk management services in India.The joint venture, called Willis BA India...
Mar 3 2003 // Marsh Inc. has received an insurance brokerage license from the Insurance Regulatory Development Authority of India (IRDA).Marsh said it is among the first foreign insurance brokers to receive a license to transact...
Jul 10 2002 // India’s WNS (Holding) Ltd., one of a number of companies on the sub-continent which specialize in providing back office services, will acquire the U.K.’s Town & Country Assistance, an insurance claims...
Mar 21 2001 // Britain’s CGNU revealed plans to expand in Eastern Europe and India with the announcement that it would purchase Mebit, Hungary’s sixth largest life insurer, and would launch a mutual fund subsidiary in India...
Jan 30 2001 // While the search for survivors continues, Indian authorities are beginning to calculate the economic costs of the destruction wrought by the worst earthquake in 50 years. First estimates indicate the costs of repairing...
Jan 29 2001 // As foreign teams joined local rescue workers in a desperate race to comb the wreckage for any survivors of India’s worst earthquake in 50 years, estimates of the the number of people killed exceeded 20,000.The...
Jan 26 2001 // Damage reports are still coming in from the huge earthquake, estimated to have measured 7.9 on the Richter scale, which struck near the town of Bhuj in the Indian State of Gujarat at 8:50 a.m. local time this morning. At...
Jan 24 2001 // American International Group announced that it has received approval from the Indian Insurance Regulatory and Development Authority to establish a joint venture with the Tata Group “to market commercial and personal...
Dec 11 2000 // The Canada Life Insurance Co. has decided not to pursue plans for a joint venture in India for the time being, citing its expansion commitments into reinsurance and the Brazilian and German insurance markets as the...
Nov 27 2000 // In an effort to reach their announced goal of ruling on all pending applications for insurance licenses by the end of this year, India’s Insurance Regulatory & Development Authority has granted several...
Oct 24 2000 // Royal & SunAlliance (RSA) became the first foreign company to receive a license to write p/c insurance from India’s Insurance Regulatory and Development Authority (IRDA) with its partner Sundaram Finance Ltd.,...
Oct 17 2000 // India’s Insurance Regulatory and Development Authority confirmed that 13 foreign based insurance companies with their local partners have applied for permission to establish privately owned life or general insurance...
Oct 9 2000 // American International Group and Tata Group, one of India’s largest and most successful industrial conglomerates, have joined forces to launch insurance ventures in life insurance and p/c in India. In accordance with...
Sep 25 2000 // Canada Life announced that it has formed a joint venture with Centurion Bank Ltd, TCFC Finance Ltd. of Mumbai and the ARDEE group of New Delhi to establish Canada Centurion Assurance Company in India. Under newly...
Aug 17 2000 // U.S. insurer Allstate and the U.K.’s Prudential Plc became the first foreign companies to submit applications, in conjunction with their Indian partners, to establish private insurance companies to sell life products...
Jun 26 2000 // U.S. Ambassador to India, Richard Celeste, predicted that India’s opening of its market to foreign insurers would bring a s much as $1 billion in investments over the next few years from U.S. Companies.India’s...
May 31 2000 // When Indian President K.R. Narayanan signed landmark legislation last January, opening India’s insurance market to foreign competition, he unleashed a potential revolution in the highly regulated sector. While not...