trending Market Intelligence /marketintelligence/en/news-insights/trending/c3q6-unvkzcddcfvkcpchq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: India's finance ministry to conduct performance review of state insurers

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did


Report: India's finance ministry to conduct performance review of state insurers

India's Finance Ministry is set to conduct a performance review of all state-led insurance companies in a bid to contain their underwriting losses, The Economic Times reported March 27, citing an official.

Underwriting losses of state general insurers rose 43.89% year over year to 155.91 billion rupees in the 2016-2017 fiscal year, from 108.35 billion rupees in the prior-year period.

The review will also set the pace for the consolidation of state-run insurers United India Insurance Co. Ltd., National Insurance Co. Ltd. and Oriental Insurance Co. Ltd. In February, finance minister Arun Jaitley said during his fiscal 2018-2019 budget speech that the three insurers would be merged and subsequently listed, as part of a broader plan to float state-owned companies to increase accountability and unlock their "true value."

All three companies were approved in 2017 for listing in principle.

The review can help the insurers prepare for a reorganization of their offices and manpower, the finance ministry official noted, adding that they aim to complete the proposed merger over the next six months.

As of March 27. US$1 was equivalent to 64.88 Indian rupees.