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| eWeekly: India
IRDA Reviews Regulations | | IRDA is reviewing insurance regulations to ensure that they are up to date and relevant to emerging market needs, reports the Business Standard. | |
| eWeekly: India
Indian Railways Opening Insurance Tender to 20 Insurers | | Indian Railways, the state monopoly which operates the country's rail system, has widened competition among insurers by inviting around 20 private insurance companies to bid to provide insurance cover for railway passengers and officials, reports the Press Trust of India. In comparison, six private companies were involved in last year's tender. | |
| eWeekly: India
IRDA Levels Playing Field | | IRDA has issued a directive that requires state-owned Life Insurance Corporation (LIC) to cut its stake in a single company from 30% to 10%, and that would level the playing field between LIC and private-sector insurers, according to reports in the Indian media. | |
| | eWeekly: India
IRDA Looks at Marking Investment Portfolios to Market Conditions | | IRDA will set up a committee to draft guidelines to classify the investment portfolios of insurers, according to the e-paper, Livemint. The move could require the insurance companies to value their investments and to make necessary provisions according to prevailing market conditions. | |
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Financial, Insurance and Investment News Feeds |
| India's Business Standard | | |
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Top level changes at Fannie Mae | Fannie Mae Chief Executive Officer Daniel Mudd replaced three top deputies in an effort to restore investor confidence after record losses and a 90 per cent drop in the shares. | | 8/28/2008 8:08:48 PM |
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Irda fixes limits on commission | Insurance Regulatory and Development Authority (Irda) has fixed the limits on payment of commission and brokerage in the general insurance business, to be made effective from October 1.??The Irda | | 8/28/2008 7:07:00 PM |
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Walton plans $1 bn fund | The real estate fund is likely to be in place by March 2009.??Walton Street Capital India, the Indian arm of the US-based private equity (PE) real estate investment company, Walton Street Capital, is | | 8/28/2008 6:04:00 PM |
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