India News

Surgical Checklist Significantly Reduces Deaths and Complications: Study

An international pilot study involving the Toronto General Hospital (TGH), a teaching hospital affiliated with the University of Toronto, and other hospitals from around the world, has found that using a Surgical Patient Safety Checklist significantly reduces surgical complications and …

Corporate Fraud Scandals Can Detonate Anywhere

When it comes to corporate fraud scandals, nowhere is safe. Revelations of a $1 billion fraud at Indian IT firm Satyam Computer Services do not point to a higher systemic risk of accounting scandals in India, or even in emerging …

Garrard to Head Willis Europe; Donovan Named for Australasia

Willis Group Holdings announced that Adam Garrard has been appointed CEO of Willis Continental Europe and Bill Donovan has been named to succeed him as CEO for Willis Australasia. The appointments were effective January 1, 2009. Both executives will report …

Despite Financial Crisis, Climate Change Concerns Continue

“This year’s climate change agenda has, if nothing else, highlighted that next year will be hard going for those wishing to set global agreement for action against climate change,” states a recent article on Lloyd’s web site (www.lloyds.com). The article …

Ambitions for 2009 UN Climate Pact Fade in Poznan

Recession and the change of U.S. administration make it unlikely the world will meet a 2009 deadline for agreeing a full new pact to fight global warming, delegates at UN climate talks say. A year ago, 190 nations signed up …

Foreign Companies Review Security after Mumbai Attacks

Foreign companies in India are reassessing their security to cope with changing threats after the three-day rampage and siege by Islamist militants in Mumbai last week, risk consultants said on Friday. Foreigners appear to have been a target for 10 …

FDA Cites Progress on Food Safety

The U.S. Food and Drug Administration says it is making “significant progress” with its one-year program to protect both domestic and imported food from accidental and intentional contamination. “Science and 21st century technologies help drive the FDA’s efforts to transform …

Swiss Re sigma Report Analyzes Emerging Markets, Takaful

Swiss Re’s newly released sigma study explores the latest developments in the insurance sector of emerging market economies, with a special focus on the growing market for takaful, a form of Islamic insurance. Swiss Re said, “the first half of …

California Commissioner Applauds Insurance Education at Cal State Fullerton

“You are the current and future business leaders of the state of California,” California Insurance Commissioner Steve Poizner told an audience at California State University in Fullerton on Oct. 17, 2008. In his second visit to the University, Poizner expressed …

China Life Interested in Acquring AIG Asia Assets

China Life Insurance Co, the world’s biggest life insurer by market value, is interested in buying Asian assets of American International Group, a senior China Life manager briefed on the situation said on Monday. “We want to buy parts of …