India’s insurance sector News

American International Group Inc. has waited 13 years in India to raise its stake in a local venture from a maximum allowed 26 percent. That wait is about to get longer. Opposition lawmakers, during the current session of parliament scheduled …

Stephen Simchak, director of international affairs for the American Insurance Association (AIA), testified about trade and investment barriers that U.S. property-casualty insurers face in India at a public hearing before the U.S. International Trade Commission (ITC). He was the sole …