General insurers in Japan shift focus from motor to property and specialty lines, finds GlobalData
In a highly concentrated Japanese general insurance market, insurers are changing their focus towards property and specialty lines due to Read more
Japan
Former UIIC Director, Asha Nair, joins the Board of Directors at Remedinet Technologies
The health insurance sector in India today is at a very critical juncture where changes and movements in various key Read more
Insurers in Japan expand foreign bond portfolio to enhance yield
Japanese life insurers are investing in the sovereign bonds of emerging countries such a Roland and Mexico, as ultra Read more
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.
New India Assurance targets net profit of Rs600 cr this fiscal
The largest general insurer New India Assurance has targeted a net profit of Rs 600 crore this fiscal and planned expansion of its foreign operations in 2013-14. Read more
Superstorm Sandy tops 2012 insurance claims
Natural disasters cost insurers USD 65 billion last year, with the United States accounting for nine-tenths of the bill and Superstorm Sandy prompting payouts of USD 25 billion, a leading insurance company said. Read more
RBI 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
Chola MS sees gross premium touching Rs 1,700 cr this fiscal
Chola MS General Insurance Company hopes to cross the Rs 150-crore mark in terms of operating profit and the Rs 2,500-crore mark in terms of gross premium in the next two years. Read more
