Insurance Tweets (India) - Midweek Dropzone

Sunday, August 9, 2009

  1. New players like Airtel and HSBC have been non-starters _TYY4
  • Other players falling behind include quasi Asset management peddlers like ICICI Prudential and WL players like New York Life _TYY4
  • LIC held 40% share in the new business in 2007 and 56% in 2009 _TYY4
  • Life Insurance Corpn alone holds a book of $64 billion in investments including double digit figures in unclaimed funds _TYY4
  • Additionally, 6 pvt Pension fund managers are mandated to run state owned and independent pension funds _TYY4
  • 16 private players in Life and 11 in non life _TYY4
  • Motor and Health makes 50-60% of the non-life Insurance segment _TYY4
  • Insurance in India had last grown to $41 billion in 2007, Life marking $36 b
  • Indian Insurance: Bajaj Allianz, Metlife and Aviva safe in India till now _TYY4
  • The Foreign partner can bring up to 49%? Insurance Reform stuck in the middle _TYY4
  • AIG wants to sell off Indian Life Insurance stake - We're safe with IRDA watching _TYY4
  • RT @zyakaira: Indian Insurance Market: DLF to get out of Insurance when buyer is available- AIG, Prudential turned down _TYY4
  • AIG wants to sell off Indian Life Insurance stake - We're safe with IRDA watching
  • Posted via email from The investment blog on Post

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