India News

Investigations, record settlements, globalization fuel need for D&O

Today “it’s tough to be a director and officer, and that means it’s tough to be a D&O underwriter,” according to Doug Poetzsch, senior vice president, head of specialty claims for Ace USA based in New York. Speaking on a …

When insuring international trade, expect the world

Think how few things you and your clients wear, use or drive that are wholly made in the USA, and you get a sense of the magnitude of international trade. International trade also is no longer the domain of global …

R&M Report Finds Almost Half of Insurers Use Outsourcing

Dublin-based consultants Research and Markets have announced the addition of “BPO and Sourcing Trends in Insurance (Customer Focus)” to their offering. The study concludes that the use of outsourcing continues to rise in the insurance sector “as insurers look for …

India’s 3i Infotech Launches Internet Broker Platform

India’s 3i Infotech, a provider of IT solutions, announced the launch of Premia Insurance Broking eXchange (IBX), which it described as “a subscription based Internet solution for the Indian insurance industry. “Premia IBX will provide a common pay-per-use platform where …

When insuring international trade, expect the world

Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants …

J.P. Schmidt, Hawaii, Insurance Commissioner

Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already has reaped dividends, and Hawaii’s port of entry …

When insuring international trade, expect the world

Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants …

When insuring international trade, expect the world

Think how few things you and your clients wear, use or drive that are wholly made in the USA, and you get a sense of the magnitude of international trade. International trade also is no longer the domain of global …

The Commissioners

Hawaii:Perfectly poised for insurers in the Pacific Rim Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already …

Best Affirms Singapore Re ‘A-‘ Rating

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Singapore Reinsurance Corporation Ltd. with a stable outlook. “The ratings reflect the company’s continued improvement in capitalization, established international …