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Industry News

India: New Government to introduce universal health scheme.

July 1, 2014

The new Indian government plans to implement a universal health insurance programme for the country – which would be the…

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India: Regulator tightens up on churning of life policies.

June 24, 2014

The Indian insurance regulator, seeking to protect consumer interests, has made it mandatory for agents to provide full details in…

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Asia: Japnese/Korean FIFA Teams have have US$268-mln insurable value.

June 16, 2014

The Japanese and South Korean football teams, the only Asian teams among 32 teams worldwide taking part in the FIFA…

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India: Insurers actively promoting recharge health plans.

June 20, 2014

Health insurers in India are seeking to popularise recharge health option plans in a bid to increase sales. Under a…

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India: Crop Insurance scheme to be revamped.

June 13, 2014

The Agriculture Ministry will revamp the crop insurance scheme with focus on increasing crop-based income for farmers rather than insuring…

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India: Former IRDA chairman cited benefits for 49% FDI limit.

June 6, 2014

Raising the foreign investment cap in insurance companies from 26% to 49% is inevitable, for the insurance industry to grow,…

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South Korea: Brazil world cup football is business to insurers.

June 5, 2014

The odds of the South Korean football team advancing to the last 16 teams in the World Cup tournament in…

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India: Non-Life Insurers to see 15% growth in premiums in FY 2014-15.

May 6, 2014

The non-life insurance sector in India is expected to see a pick-up in growth in gross premiums in the current…

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India: Life sector sees 11.5% growth in new business premiums.

May 16, 2014

The life insurance industry in India saw an 11.6% rise in new business premiums for the financial year ended 31…

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India: Insurers raise premiums to cover hydropower projects.

May 2, 2014

Insurance companies in India have raised premiums for hydropower projects across the country after flash floods last June in the…

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