1818

1818 - The insurance industry is the backbone of country's Risk Management. The beginning of the Indian insurance industry dates back to the nineteenth century. In 1818, Europeans started Oriental Life Insurance Company in Kolkata (Calcutta) 1.

1858

Dec 9, 1858 - ike 6ity of Washington off Cape Race. Arrival of the Edinburg at G.--No News of the Indian Empire, NiIORED RECALL OF LORD . OF THE TRIAL, Wotton Unchanged-Breadstuhff and Provisions pull-Consols 3.

1860

1860 - The great amalgamation that took place in 1860 between the powerful Albert and the influential Medical may have been actuated by considerations of policy or by financial expediency but, in any case, was a remarkable event and produced a very strong insurance combine. 5.

1870

1870 - The first Indian Insurance Company to cover Indian lives at normal rates was Bombay Mutual Life Assurance Society which was established in the year 1870. 7. 1870 - Although there was no legislative enactment in India as in the United Kingdom in 1870, the year stands out as a landmark in the history of Indian insurance, separating the early period of pioneering attempts at life insurance. 9. May 1870 - 4.The first Indian insurance company was the Bombay Mutual Assurance Society Ltd,formed in 1870. 5.Life insurance business was nationalised in India with the setting up of the Life Insurance Corporation of India(LIC) on September 1,1956. 11.

1902

May 13, 1902 - Prof. Willlam B. Scott, the geologist, made the following statement this morning concerning the destructive earthquake and volcanic eruptions. " The evidence gleaned from the newspaper accounts is both contradictory and inconclusive.

13. 1912 1912 - In order to regulate the insurance business in India and to certify the premium rate tables and periodic valuations of the insurance companies, the Life Insurance Companies Act and the Provident Fund Act were passed to regulate the Insurance Business in India in ... Show more From Final+ - Related web pages www.scribd.com/doc/18490519/Final 15. 1914 Feb 1914 - The authoritative history of Indian insurance began to be recorded for the first time when the Government of India started publishing the Returns of Life Assurance Companies in India in the year 1914.2 The first issue of this publication contains a reference. From Life Insurance in India - Its History, Law, Practice and Problems - Related web pages books.google.com/books?id=9Nsnh4ggKNQC&pg=PA6 ... 17. 1919 1919 - Sir Dorabji Tata in association with a number of patriotic businessmen conceived the idea of establishing a great and truly Indian composite insurance company and promoted, through the Tata Industrial Bank, the New India Assurance Company Limited, in 1919, at a ... Show more From Untitled Document - Related web pages www.tatacentralarchives.com/tata_trivia ... 19. 1928 1928 - In 1928, prominent insurance men of Bombay met and formed the Indian insurance companies association to protect the interest of Indian insurers. Leaders of the insurance industry began to organize conferences, educate public on the benefit of insurance, focus ... Show more

From MBA Final year project in Insurance - Related web pages www.docstoc.com/docs/14215558/MBA-Final-year ... 21. 1930 Apr 1, 1930 - AE Magnell Financial Editor. The annual statement of Colt's Patent Fire Arms Manufacturing company revealing earnings of $688524 or $3.45 a share compared with $248272 in 1928, or $1.25 was beyond expectations in market circles. It was expected that a considerably improved statement ... From Hartford Stocks - Related web pages pqasb.pqarchiver.com/courant/access/819887892 ... 23. 1933 Feb 27, 1933 - Once war-like Apache Indians have forsaken their resistance to the "white man's" laws, and now seek their protection instead of resorting to the time-honored tomahawk in settling disputes, it is evidenced in the suit brought by the relatives of two Apache Indian. INSURANCE. SOUGHT BY ... From INSURANCE SOUGHT BY INDIAN KIN - Related web pages pqasb.pqarchiver.com/latimes/access/388697811 ... 25. 1935 Oct 1, 1935 - Ship Insurance Rates Up . Bombay, September (CPHavas) — Indian insurance com panies were reported today to have decided to issue insurance on cargoes loaded in Italian ships. The companies announced a 40 per cent increase in war risk in surance rates on cargoes loaded in India and ... From Ship Insurance Rates Up . - Related web pages news.google.com/newspapers?id=cYg1AAAAIBAJ ... 27. 1938 Feb 18, 1938 - Incorporated on 18th February, 1938, United India Insurance Co. Ltd. was later formed by the merger of 22 companies, including 12 Indian Insurance Companies, 4 Cooperative Insurance Societies, Indian operations of 5 Foreign Insurers, and general 29. 1939 Mar 1939 - "Some Re-assurance Problems," by WH Clough, Indian Insurance Journal, March 1939. when the original policy is revived. In the case of sub-standard lives, when the principal office imposes

an extra premium by rating up the age of the assured 31. 1941 Jun 1941 - Insurance Advisory Committee Immediately thereafter Sir Arcot with characteristic en- thusiasm instituted an Insurance Advisory Committee in June 1941 to secure the active cooperation of the offices in ensuring a smooth working of the Act. 33. 1951 1951 - Further, he introduced machinery breakdown insurance in India in cooperation with Munich Re in 1951. He got the underwriting of Indian hull business transferred from the United Kingdom to India. And he started credit insurance on an all-India basis. Thus, he ... Show more From Insurance Hall of Fame Laureate Profile www.insurancehalloffame.org/laureateprofile ... 35. 1955 Oct 28, 1955 - Bill Gates On October 28, 1955, in Seattle, Washington a boy was born. This child would grow up to be one of the most successful people in the history of man. His name, Willia... Save Paper. Prehistoric Animals And Their Influence On Media For AM and T ... Show more From The Road Ahead Free College Essays 221 - 240 - Related web pages www.oppapers.com/subjects/the-road-ahead ... 37. 1956 1956 - In 1956, the Government of India nationalized insurance companies bringing Indian Insurance sector under the purview of the Government. These state owned Insurance companies became highly inefficient and bureaucratic, had excess manpower and countless delay in 39.

Jan 1956 - In January, 1956, that life insurance in India was nationalized. About 154 Indian insurance companies, 16 non-Indian companies and 75 provident were operating in India at the time of nationalization. Nationalization was accomplished in two stages; 41. Jan 19, 1956 - However, it was much later on the 19th of January, 1956, that life insurance in India was nationalized. About 154 Indian insurance companies, 16 non-Indian companies and 75 provident were operating in India at the time of nationalization. 43. Sep 1, 1956 - By the year 1956, 154 Indian insurance, 16 nonIndian insurance and 75 provident societies were carrying on Life insurance business in India. On 1st September 1956 all the Insurance Companies were nationalised. 45. 1972 Dec 1972 - United India Insurance's General Insurance Business in India was nationalized in 1972. 12 Indian Insurance Companies, 4 Cooperative Insurance Societies and Indian operations of 5 Foreign Insurers 47. 1973 Jan 1, 1973 - The ownership of all shares of both the Indian insurance companies and the foreign insurers from then on vested in the Central Government with effect from 1.1.1973. 49. 1987 Jul 26, 1987 - Rooms With a View-On the Wall; New Emphasis on Esthetics Means Hotel Art Is Looking Better ... find The Washington Post articles. Until recently, hotel guests could expect to find at least one thing waiting for them as they checked into their rooms 51. 1988 Aug 28, 1988 - The Insurance Industry Finds Its Premium Status Threatened; Once Untouchable, Business Now Fair Game for Change ... find The Washington Post articles. Insurance long has enjoyed most-favored-industry status with Congress and the states. 53.

1989

Feb 6, 1989 - The proud mission of insurance. (column) ... find National Underwriter Property & Casualty-Risk &Benefits Management articles. 55.

1990

Dec 2, 1990 - City summit on housing gaining steam ... find Chicago Sun-Times articles. Summitry is in the air. 57.

1991

Jun 17, 1991 - Metzenbaum seeks to restructure regulation of insurance industry. (Howard M. Metzenbaum) (Late Breaking News) 59.

1992

Feb 3, 1992 - Bailey fights poor image of industry. (William Bailey) ... find National Underwriter Property & Casualty-Risk &Benefits Management articles. 61.

1993

1993 - MALHOTRA COMMITTEE The government set up, in 1993, a committee under the chairmanship of RN Malhotra, the former insurance secretary and the RBI governor to evaluate the Indian insurance industry and recommend its future direction. 63.

1994

Jan 16, 1994 - Insurance Industry Waves Jobs Flag at Its Critics ... find Chicago Sun-Times articles. 65.

1995

May 15, 1995 - Chubb targets emerging Indian mkt.(Indian Insurance market) ... find National Underwriter Property & Casualty-Risk &Benefits Management articles. 67.

1996

Oct 7, 1996 - Professionalism a concern for industry in United Kingdom. ... find Business Insurance articles. 69.

1997

Feb 27, 1997 - BOMBAY: India is expected to announce new steps to open up Its lucrative Insur ance sector to foreign In vestors when Finance Min ister Chidambaram presents his budget tomor row.

71. 1998 May 18, 1998 - Armed with an `AAA' rating from the Crisil, D Sengupta, the Chairman and Managing Director of New India Assurance is gearing up for the competition from the multinationals, if the industry is thrown open to them in the future. 73. Nov 15, 1998 - PTI. CALCUTTA, NOV 14: The Insurance Regulatory Authority (IRA) would push through two supporting legislations in Parliament soon after the enactment of the IRA Bill, expected to be tabled in the winter session. 75. Dec 16, 1998 - New Delhi, 16th December: Insurance employees in India on Wednesday [16th December] struck work and held demonstrations against Insurance Regulatory Authority (IRA) Bill which seeks to open the sector to private domestic and foreign investors. 77. 1999 Jan 17, 1999 - MUMBAI, JAN 16: Reliance Industries Ltd (RIL) has made one of the biggest claims in the insurance history of Rs 244 crore following a major mishap at its Hazira facilities few months ago. 79. Mar 19, 1999 - Sir Christopher Benson, chairman of the chemical giant Albright & Wilson, is an expert on managing global companies. During his recent holiday in India, he made a presentation on the subject at a function organised by the Confederation of Indian Industry in Bombay. 81. May 31, 1999 - SPACE INSURANCE CITED IN COX REPORT: POTENTIAL SECURITY RISKS SEEN IN PLACING SATELLITE COVER. ... find Business Insurance articles. 83. Nov 11, 1999 - Four months ago, I became a piece of statistics. It happened at a crossing near Lodhi Road, New Delhi. The same place where a drunken youth driving an unregistered BMW killed

half a dozen people almost a year ago. 85. Dec 1999 - In December 1999 the Indian Parliament passed the Insurance Regulatory and Development Bill. Thus now we have a new generation of Insurance Regulatory and Development Authority (IRDA), which has the twin task of both regulating and developing the insurance 87. Dec 11, 1999 - There is no doubt at all that the government monopoly over the insurance business had to end. There is a crying need for better service, more innovation, and a comprehensive insurance cover. But more importantly there is a desperate need for a system which is not based on routinely 89. 2000 Jan 15, 2000 - ... ,cf301,8.2,9>WITH the passage of the Insurance Regulatory & Development Authority legislation, the insurance sector has come to occupy centre-stage. Foreign equity is allowed to the extent of 26 per cent. The Act defines an Indian insurance company as on e registered 91. Feb 4, 2000 - IT has been a long wait for most insurance MNCs waiting to have a go at the Indian insurance sector. 93. Jun 20, 2000 - NEW DELHI, June 20 Asia Pulse - The advisory committee of Insurance Regulatory and Development Authority (IRDA) began its three-day meeting today to finalise guidelines for the sector on but will tackle sensitive issues tomorrow. 95. Jul 8, 2000 - American History in China ... find The Washington Post articles. Is it possible that Clay Chandler--in his wanderings across Xiamen's Gulangyu Island 97. Aug 21, 2000 - CALCUTTA, Aug 21 Asia Pulse - General Insurance Corporation of India (GIC), the country's state-owned

insurance company, is considering the merger of its four subsidiaries as part of a restructuring plan to survive in a fiercely competitive insurance market in future. 99. Aug 29, 2000 - The Minister of State for Finance, Shri Balasaheb Vikhe Patil has said that the government is committed to reforms in the insurance sector in order to provide consumer satisfaction. 101. Sep 14, 2000 - THE INDIAN insurance market has waited more than five years for liberalisation. As is widely known, the Government in April 1993 set up a committee on insurance sector reforms (popularly known as the Malhotra Committee). 103. Oct 30, 2000 - The granting of the first licences establishes the success of regulation. Private companies have to prove themselves. By CRL Narasimhan. On October 23, the Insurance Regulatory Development Authority (IRDA) issued certificates of registration to three private companies to undertake 105. Dec 9, 2000 - TORONTO * Canada Life Assurance Co. has decided not to proceed with plans to apply for a joint venture insurance licence in India. The company said the decision is based on an assessment of its current operations and changes in its business makeup over the past several years. 107. Dec 12, 2000 - Mumbai, Dec 11: The withdrawal of Centurion Bank and the Ardee Group from the three way tie-up for entering into the life insurance sector has forced Canada Life Assurance Co, which was the third partner in the joint venture, to entirely drop its five year old plan 109. 2001 Feb 7, 2001 - The emergence of tripartite ventures could create problems for the insurance industry. Parliament should take the earliest opportunity to debate whether its passing the Bill with a 26 per cent equity cap could be circumvented by the Executive and the ind ustry regulatory body.

111. Feb 19, 2001 - BANGALORE, Feb 19 Asia Pulse - India's Insurance Regulatory Development Authority Chairman N Rangachari has said the "prudential regulations" of the Authority had taken care to ensure that there were no "fly-by-night operators" in the opened up insurance sector. 113. Mar 15, 2001 - ONLY an Indian insurance company can carry on the business of insurance in India. In other words, a foreign company cannot open a branch for this purpose in India. If it wants to do insurance business in India, willy-nilly, it will have to float a compan y in India whose sole purpose 115. May 2, 2001 - NEW DELHI, May 2 Asia Pulse - Insurance Regulatory and Development Authority (IRDA) has barred insurance companies promoted by big business houses including Reliance, Tatas and Birlas from investing more than five per cent of funds in their group companies. 117. May 10, 2001 - Online general insurance database ... find New Straits Times articles. Ooi Yu-Liang New Straits Times 05-10-2001 Online general insurance database Byline: Ooi Yu-Li 119. Jun 28, 2001 - Software for insurance industry ... find New Straits Times articles. Subashini Selvaratnam New Straits Times 06-282001 Software for insurance industry Byline: Subash 121. Oct 22, 2001 - c) private and foreign firms would indulge in reckless profiteering and skim the `urban cream' market, and ignore the rural areas. Insurance is a Rs 400 billion business in India and, together with banking services, contributes to about 7 per cent of GDP. 123. Nov 13, 2001 - The founders of ING Vysya Life Insurance will inject fresh capital into the two-month-old Indian company next year to

boost growth, an official said on Monday. The company, which has equity capital of Rs 1.1 billion, is 26 per cent owned by Dutch financial services group ING. 125. Nov 23, 2001 - NEW DELHI, Nov 23 Asia pulse - India's Insurance Regulatory And Development Authority (IRDA) today said general insurance claims must be settled within seven days, beyond which insurance companies will have to pay annual rate of interest of 10 per cent on the claim amount. 127. Dec 31, 2001 - Paving the way for a new paradigm, the Insurance Regulatory and Development Authority will bid sayonara to New Delhi this year but not to reforms, which is intended to make Indian insurance market comparable with the best in the world.

129. 2002 Jan 24, 2002 - Cricket captain Steve Waugh will be brand ambassador for Australian financial services group AMPs joint venture with Sanmar Assurance of Chennai. After a video link with Sanmar yesterday, Waugh announced that he will help launch the brand and be involved in the marketing activities 131. Feb 14, 2002 - NEW DELHI, Feb 14 Asia Pulse - The Insurance Regulatory and Development Authority today pressed for the passage of bills to convert General Insurance Corporation (GIC) into National Reinsurer and allow brokers in the emerging sector in the Budget session. 133. Mar 22, 2002 - New Delhi: : With one of the lowest insurance policy densities in the world, India is a market waiting to be explored, and Indian and foreign banks, insurance companies and financial institutions should concentrate on innovative products, pricing, promotion and distribution strategies 135. Aug 8, 2002 - NEW DELHI, Aug 8 Asia Pulse - The Insurance Regulatory and Development Authority (IRDA) will formally open its

new head office in Hyderabad on August 12. IRDA had earlier decided to shift its head office from New Delhi to Hyderabad on July, official sources said. 137. Aug 27, 2002 - The Chief Minister of Andhra Pradesh, Mr N. Chandrababu Naidu, with Ms Maizon Omar, CEO, The Malaysian Insurance Institute, Mr MVS Prasad, Vice-Chairman and Managing Director, APIIC, and Mr N. Rangachary, Chairman, IRDA, at a seminar in Hyderabad on Monday. 139. Sep 3, 2002 - The pharmaceutical industry is under tremendous pressure to keep delivering blockbuster products and good profits that it has managed to secure in past years, but maintaining this has never been more difficult. In 2000, 13 of the top 100 products went off patent 141. 2003 Jun 13, 2003 - New Delhi June 12. The United States Agency for International Development (USAID) will provide a $ 10 million technical aid for development of Indian insurance sector over the next four years. Bearing Point, formerly known as KPMG Consulting, was awarded the contract on May 27 143. Jul 1, 2003 - TALLAHASSEE State offi— cials ordered an insurance company that claims to be exempt from federal laws because it serves Seminole Indians to stop doing business because the tribe says the com pany doesn't have approval to sell insurance to its members. 145. Sep 22, 2003 - AT the turn of the century, the insurance sector, once the domain of State-run insurance companies was thrown open to private enterprise on December 7, 1999, with the introduction of the Insurance Regulatory and Development Authority (IRDA) Bill. 147. Oct 23, 2003 - INDIA - Millea Holdings Inc (MH) planned to raise its stake to ##% from ##%, by acquiring a ##% stake in IFFCO-Tokio

General Insurance Co Ltd, a joint venture between Indian Farmers Fertilizers Cooperative Ltd and Tokio Marine & Fire Insurance: Mergers & Acquisitions, Deal Snapshot. 149. Dec 8, 2003 - Daily wage labourers in front of an insurance complex in Hyderabad. With no stable income, will insurance ever interest them? — A. Roy Chowdhury. E VER since deregulation in 2000, the Indian insurance industry has expanded significantly, with both the incumbent public sector insurers 151. 2004 Feb 5, 2004 - By Sumner Lemon | IDGNS. Sun Microsystems Inc. has signed a deal with United India Insurance Co. (UIIC) to equip 10000 users at the Indian insurance provider with its StarOffice 7 desktop applications suite, the Santa Clara, California, company said Wednesday. 153. Feb 6, 2004 - By Online Staff. India's second largest insurer, United India Insurance Company, is moving 10000 desktops to Sun Microsystems' office suite StarOffice. 155. Sep 13, 2004 - THE PROPOSAL to raise the level of foreign direct investment in the insurance sector from 26 per cent to 49 per cent has, as expected, caused some concern among trade unions. However, with near unanimity among major political parties on the issue, the proposal is likely to be ... From Foreign Direct Investment in insurance - Related web pages www.hindu.com/2004/09/13/stories ... 157. Dec 21, 2004 - Indian insurance companies want freedom to price all products. ... find Economic Times (New Delhi, India) articles. Byline: Mayur Shetty Dec. 21--MUMBAI, India -- Insurance companies last week asked the Insuranc... From Article: Indian insurance companies want freedom to price all products. - … - Related web pages www.highbeam.com/doc/1G1-126400789.html?refid ... 159.

2005

Apr 13, 2005 - RIYADH, 13 April 2005 — Visiting Indian Finance Minister P. Chidambaram formally announced on Monday night the setting up of a SR100 million Saudi-Indian insurance venture. The Saudi Ambassador to India Saleh M. Al-Ghamdi, a prominent Saudi investor in the venture Fawaz A. Abdulaziz ... From SR100m Saudi-Indian Insurance Venture Set Up - Related web pages www.arabnews.com/?page=6&section=0&article ... 161. Aug 3, 2005 - Even as last week's flood claims threaten to breach the Rs 2000 crore level -- the largest in Indian insurance history -- insurance companies say that they are equipped to settle the losses. But the bad news for businesses is that not all their financial losses can be recovered from ... From Half Dressed, Half Naked. - Related web pages www.accessmylibrary.com/premium/0286/0286 ... 163. Aug 12, 2005 - Economic Times (New Delhi, India); August 3, 2005 ; 700+ words ... ... largest in Indian insurance history -- insurance companies say that they are equipped to settle ... financial losses can be recovered from insurance companies. With bad weather continuing for . ... From Article: Flood and after: Non-life companies told to add it all up. - … - Related web pages www.highbeam.com/doc/1G1-135152014.html?refid ... 165. Sep 22, 2005 - HURRICANE Katrina that had wreaked havoc in the US is beginning to have its effect far away. The Indian insurance market is beginning to feel the ripples with global reinsurance premium hardening. Indian insurers are finding it hard to negotiate lower reinsurance rates in the global ... From Post-Katrina, Indian insurers faced with high re-insurance premium - Related web pages www.thehindubusinessline.com/bline/2005/09/22 ... 167.

2006

Jan 16, 2006 - NEW DELHI, Jan 16 Asia Pulse - In line with the government's resolve to revamp the agriculture sector to achieve higher GDP growth, insurance companies too are chipping in with innovative products that promise to standby farmers in times of distress like floods or cyclones. ...

From ANALYSIS - INDIAN INSURANCE FIRMS TO RENEW PUSH ON FARM … - Related web pages www.accessmylibrary.com/premium/0286/0286 ... 169. Mar 27, 2006 - Indian insurance history -- insurance companies say that they are equipped ... losses can be recovered from insurance companies. With bad weather continuing ... of profits' cover," says Kamesh Goyal, managing director, Bajaj ... ... From Article: Insurers crack the stolen-car code. - Economic Times (New Delhi, … - Related web pages www.highbeam.com/doc/1G1-143795172.html?refid ... 171. Sep 25, 2006 - An exponential growth of 500% is projected in the insurance industry in India within the next four years. With rural and semi urban consumers contributing for about $36 billion, out of which $24 billion will come through life insurance while the rest will be derived from non-life ... From Indian Insurance to Touch $60bn By 2010. - Related web pages www.accessmylibrary.com/premium/0286/0286 ... 173. Oct 5, 2006 - ING Group, the Amsterdam-headquartered banking and insurance group, has drawn up plans to scale up the operations of its insurance joint venture in India, ING Vysya Life Insurance, over the next one year. The insurance venture will increase headcount by 66% to 5000 by end-December 2007 ... From ING Vysya to scale up Indian insurance ops - Related web pages www.business-standard.com/common/storypage_c ... 175. 2007 Jan 6, 2007 - IFFCO-TOKIO General Insurance (ITGI) was created in 2000, following the merger of an Indian fertilizer company and Japan's largest listed insurance group. IFFCO-TOKIO General Insurance wanted to ensure that customer and user satisfaction is not impaired by poor IT support facilities. ... From Indian Insurance Firm Decreases Time to Incident Resolution by 40% … - Related web pages www.zdnetasia.com/itlibrary/it-management/0 ... 177.

Feb 19, 2007 - Feb. 19--NEW DELHI -- North Block is preparing a red carpet welcome to London-based Lloyd's, the world's largest society of underwriters. The finance ministry has proposed to suitably amend the Insurance Act to facilitate Lloyd's entry into the Indian insurance market. ... From Lloyd's set to enter the Indian market. - Related web pages www.accessmylibrary.com/premium/0286/0286 ... 179. Mar 26, 2007 - Most private insurance companies in India are joint ventures with a foreign partner and this has helped Indians enter the global arena. Mumbai March 25 For Mr Binayak Dutta, accepting the offer to be CEO of Prudential Assurance in Vietnam was all about `getting out of the comfort zone' ... From Indian insurance executives go global - Related web pages www.thehindubusinessline.com/bline/2007/03/26 ... 181. Jul 17, 2007 - Chennai, India-based insurance company Star Health and Allied Insurance next week is scheduled to launch the country's first insurance policy that covers people living with HIV/AIDS, the Times of India reports. Under the policy, an HIVpositive person with a CD4+ T cell count of 500 ... From Indian Insurance Company To Provide HIV-Positive People With … - Related web pages www.medicalnewstoday.com/articles/76905.php 183. Jul 30, 2007 - 30 Jul 2007, 1300 hrs IST, PTI. DUBAI: Two Indian insurance companies -- Life Insurance Corporation of India (LIC) and New India Assurance have entered into a contract with Saudi Arabia's Al Hokair Group to make their services available in the kingdom. ... From Indian Insurance cos to launch services in Saudi - Related web pages economictimes.indiatimes.com/articleshow ... 185. Oct 29, 2007 - MANAMA: The New Indian Assurance Company (NIA) is looking at a 30 per cent growth in Bahrain over the next one year, it was announced yesterday. Company chairman and managing director B Chakrabarti told the GDN that this would further consolidate the position of Bahrain's oldest ... From Business News Indian insurance firm eyeing 30pc growth -

Related web pages www.gulf-daily-news.com/Story.asp?Article ... 187. 2008 Jan 28, 2008 - MUMBAI (Thomson Financial) - Housing Development Finance Corporation Ltd said India's insurance regulator has in principle approved the sale of its 26 pct stake in HDFC General Insurance Company Ltd (HGICL) to Germany's ERGO International AG, a unit of Muenchener Rueckversicherungs AG, ... From Indian insurance regulator approves HDFC's 2.35 bln rupees stake sale … - Related web pages www.forbes.com/markets/feeds/afx/2008/01/28 ... 189. May 8, 2008 - MUMBAI, May 8 (Reuters) - Canara HSBC Oriental Bank of Commerce Life Insurance Co Ltd said on Thursday it has got the licence to operate in India from the Insurance Regulatory and Development Authority. The company is a joint venture between state-run Canara Bank (CNBK. ... From HSBC's Indian insurance JV gets regulatory nod - Related web pages in.reuters.com/article/domesticNews ... 191. Jun 2, 2008 - Kakinada: The All India Insurance Employees' Association (AIIEA) is opposed to hike in the limit of Foreign Direct Investment (FDI) in Indian insurance companies, not because of fear of competition from foreign companies but due to the danger of 'native savings' ending up in 'alien ... From 'Global companies keen on major share of Indian insurance sector' - Related web pages www.thehindu.com/2008/06/02/stories ... 193. Jun 16, 2008 - BANGALORE, June 16 (Reuters) - An Indian insurance venture between two state-run bank and HSBC (HSBA.L) will be capitalised at 3.25 billion rupees or about $81 million and will have access to 40 million customers, the companies said in a statement on Monday. ... From HSBC Indian insurance JV capitalised at $81 mln - Related web pages www.reuters.com/article ...

195. Sep 26, 2008 - R. Kannan, a member of the Indian insurance regulator, IRDA, says there is no need to tighten rules as insurers in the country have not been hurt by the global financial crisis. New Delhi: The Indian insurance regulator has said there is no need to tighten rules as private insurers in ... From No need to tighten rules, says insurance regulator - Related web pages www.livemint.com/2008/09/26194854/No-need-to ... 197. 2009 Dec 10, 2009 - In October, the Indian life insurance Industry clocked a double-digit growth (first time in the last 12 months) of 35.7% year-on-year (yoy) in the total annual premium equivalent (APE). The growth was largely contributed by strong inflows in firstyear premiums. ...

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