India
MetLife makes two senior appointments in Asia
MetLife has appointed a replacement managing director of PNB MetLife, its Indian operation and a head of bank distribution in Asia.
RSA relocating Indian call centres to UK
RSA is to close its Indian call centres and create 70 new jobs in the UK.
Claims Awards Asia: The Shortlist
Insurance Insight is delighted to announce the shortlist for the inaugural Claims Awards Asia.
No major insurance losses expected from typhoons Nari and Phailin
The two most recent typhoons in Asia are unlikely to cause major insurance losses according to industry experts.
China and Asean countries agree to $1trn of trade investment by 2020
China and the Association of South-East Asian Nations (Asean) agreed at this week's Asean conference to upgrade two-way trade to $1trn by 2020.
Huge powerful typhoon heading towards India
A potentially destructive storm called Phailin is heading towards India this weekend.
Indian Prime Minister warns over natural disaster threat
The Prime Minister of India Manmohan Singh has warned India needs to take greater preventative measures towards the onset of natural disasters.
Indian motor market struggling
The Indian insurance motor market is struggling to make money as its average combined ratios are over 140%.
Dakshina Kannada to provide livestock insurance again
The Indian region of Dakshina Kannada in the state of Karnataka has reintroduced livestock insurance.
Express train crashes in India
37 Hindu pilgrims were killed and several injured when the train crashed into the pilgrims at a railway station in the eastern Indian state of Bihar.
India confirms banks can become brokers
The India Regulatory Development Authority has confirmed banks can become brokers and sell the products of several general and life insurers.
GFIA supports Indian Insurance Amendment Bill
The Global Federation of Insurance Associations has written to the Indian Prime Minister Dr Manmohan Singh to offer its support for the proposed Indian Insurance Law Amendment Bill.
Aviva 'seeking India exit'
There are reports that Aviva is seeking to exit from its joint life insurer venture in India.
United India Insurance to open 530 more branches
India's second largest insurer plans to open 530 more offices across India by the end of the year.
IRDA to let banks become insurance brokers
The Insurance Regulatory and Development Authority in India may allow banks to become as insurance brokers, the Times of India reported.
United India cleared on market abuse claims
India’s competition commission has rejected claims of abuse of dominance against United India Insurance and its third party administrator E-Meditak in medical insurance market.
Indian regulator ramping up analytics focus
India’s Insurance Regulatory and Development Authority is to launch a new information office for the collection and analysis of data from insurers, according to reports.
Employment: Port in a storm?
Does the insurance sector’s resilience in a difficult economic climate make it a safe haven for employees, or are industry staff in as much peril as the rest of the UK workforce?
Xuber increases global workforce by 25%
Xuber, Xchanging’s insurance software business, is continuing its expansion with an international recruitment drive.
Oriental Insurance to lead flood-claims assessment in India
Oriental Insurance is thought to be assessing the claims arising from the devastating floods in Uttarakhand, on behalf of all four PSU general insurers, according to an industry source.
GIC Re launches hazard map after flooding “wake up call”
Devastating floods in the Indian state of Utterakhand has prompted Indian reinsurer GIC Re to unveil a new hazard map.
Low-levels of insurance could belie true cost of North-India flooding disaster
Uttarakhand now faces the challenge of settling the large number of claims likely to be filed in the wake of the devastating floods.
Indian insurance sector set for premium spike
Direct insurance premiums will climb 11% over the next four years according to Indian Chamber of Commerce president Rajiv Mundhra.
Air Asia to offer insurance products in India
Malaysian airline Air Asia is looking to expand its insurance products into India.