Swiss Re says no plans to enter direct insurance biz in India
World's second largest reinsurer Swiss Re Thursday said it has no plans to enter the direct insurance business in the country.
May 28, 2015, 19:00 PM ISTSwiss Re aims to grow its India business by 25% by year-end
World's second-largest reinsurer Swiss Re aims to grow its business in the country and other parts of Asia, including China and Indonesia, by 25 percent by 2015-end.
May 27, 2015, 22:37 PM ISTAfter Llyod's, many other reinsurers keen to start operations in India
The move is expected to stimulate the insurance sector and help bring in over Rs 50,000 crore in fresh capital, according to experts.
Mar 17, 2015, 12:53 PM ISTDisasters cost $113 billion damage in 2014: Swiss Re
This is 16 percent less than the USD 135 billion in losses recorded in 2013 and significantly below the average annual figure of USD 188 billion for the previous 10 years.
Dec 17, 2014, 18:25 PM ISTNatural disasters caused $41 bn losses in first half: Swiss Re
Natural disasters caused total economic losses of $41 billion in the first six months of this year, much less than usual, reinsurance group Swiss Re estimated on Wednesday.
Aug 27, 2014, 17:11 PM IST