india
HEALTHY GROWTH OF HEALTH INSURANCE
Guide for Insurance Brokers Exam from The Insurance Times
Foreign firms show interest for nuclear cover
Asia-Pacific Insurance Market Outlook to 2016 – Growth Opportunity in India & China
EXECUTIVE SUMMARY
The report titled “Asia-Pacific Insurance Market Outlook to 2016 – Growth Opportunity in India and China” provides a comprehensive analysis of market size of the insurance industry on the basis of countries such as Japan, China, South Korea, Taiwan, India and Australia, market segmentation of life and non life insurance industry. The report also entails the value chain of Asia-Pacific insurance market. The report also provides competitive landscape and profile of major players operating in the insurance industry.
Read moreRBI extends Basel III implementation time
The Reserve Bank of India (RBI) has extended the date for implementation of Basel III, the global capital norms for banks, by three months to 1 April. “The Reserve Bank of India has rescheduled the start date for implementation of Basel III to 1 April 2013 from 1 January 2013,†the central bank said. Read more
Global Consumer Insurance Survey 2012 India by ERNST & YOUNG
With the rise in affluence and increased product awareness, the middle class is fast emerging as the most lucrative segment of the Indian market for financial services companies. India has a large working population, with higher disposable income than in the past and therefore a greater propensity to buy products to meet their growing aspirations. However, due to rapidly evolving markets, customer loyalty to brands is fickle and very much dependent on price points, customer service and innovative product offerings. Only one in five Indian consumers say they are “extremely loyal†to their favorite brands. Read more
Total healthcare costs in India are projected to increase by 12.3% annually to USD214 billion by 2020 Swiss Re Study
The Health Protection Gap in the Asia-Pacific region could reachUSD197 billion in 2020, according to Swiss Re’s latest study, entitled Health Protection Gap: Asia-Pacific 2012. This study is the first of its kind whichpresents and compares the Health Protection Gap across 13 markets in the Asia-Pacific region: Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand, Taiwan and Vietnam. Read more
Insurance News: Bharti Walmart probe may invoke insurance cover worth $5 million
Bharti Walmart’s insurance cover against litigations and scandals faced by its directors and senior officers may be triggered as the probe into potential violations of America’s anti-bribery laws by the Indian unit Walmart gathers pace. Read more
Problem of Black Money in India
Twin issues of corruption and black money have attracted unprecedented public attention in thepast few months in India. Political debates in Parliament and outside, media news and campaigns, public demonstrations, dharnas and fasts, Hon’ble Supreme Court’s attention and observations, and the general public discourse, has been focused on these issues for more than past two years now.
Read more