Archive for August, 2008

Insurance Companies Looking Toward India

Just over 8 years ago India’s insurance industry was opened to foreign investors, according to the BBC. Today, the insurance industry is expecting more foreign involvement as the potential for investors is huge, especially considering India’s population tops over 1 billion people.
Massive growth is predicted in India’s insurance industry, which now sets around $12 billion [...]


MPs meeting with Equitable Life over compensation

Equitable Life chairman, Vanni Treves, has approached senior MPs including Alistair Darling and Shadow Chancellor George Osborne, in an effort to put pressure on the Government to pay compensation to their policyholders as a result of the mutual insurer’s failure.
According to the telegraph.co.uk, the Equitable, the UK’s oldest mutual insurer, was forced to close their [...]