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Insurance News
insurance_news
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'Commercial insurance premia to rise 30%'
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HT
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Sat 07 Nov, 12:55 PM
Come April 2010, companies will have to shell out 20 to 30 per cent more to buy insurance covers for property, aviation, engineering, marine insurance and business interruption. Reason: reinsurance rates are hardening, and are likely to go up even...
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Warren Buffett's Berkshire says net income triples
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Reuters
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Sat 07 Nov, 10:30 AM
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance...
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U.S. insurance group moves ahead with new rating plan
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Reuters
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Sat 07 Nov, 08:10 AM
NEW YORK (Reuters) - U.S. insurance regulators on Friday approved development of a new model for sizing up risks in mortgage bonds held by insurers that cuts reliance on traditional credit rating...
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Corporate notes
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Indian Express
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Sat 07 Nov, 03:09 AM
Infy inks pact with Oracle Infosys Technologies on Friday announced that it has teamed up with Oracle to launch a comprehensive managed services platform for multi-function HR through its Infosys business platforms offering. The Infosys business...
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IPO norms for insurance after Sebi-Irda talks
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Indian Express
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Sat 07 Nov, 02:42 AM
The discussions between the Insurance Regulatory Authority of India (Irda) and the Securities Exchange Board of India (Sebi) are likely to be concluded very soon so that the insurance regulator can spell out the guidelines for initial public offers...
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