The 2010 Indian Insurance Market Seventeen Broad Strokes in 2010 www.ClaudePenland.com
India, One • 1. India’s Regulator tells 24 Property & Casualty Insurers to Hire More Actuaries • 2. 25% of Star Health sold to Sequoia Capital • 3. Swiss Re Talks Catastrophe Bonds with India’s Government • 4. Swiss Re Seeks Local Indian Partner for Joint Venture Insurance Company
India, Two • 5. Are You Going to the Global Conference of Actuaries in India on 20,21,22 February 2011 • 6. Institute of Actuaries of India Aims to Expand into South Asia and Asia Pacific • 7. Liberty Mutual to form a joint venture Property & Casualty Insurer in India • 8. Microinsurance Research Grants Offered
India, Three • 9. Microinsurance is an Untapped Market in Emerging Economies • 10. Milliman expands in Hong Kong, India, Seoul, Shanghai, Sydney, Taipei, Tokyo • 11. Do you grow Coffee in India? There’s a Weather Risk Management program for that. • 12. Japan’s NKSJ Holdings looking to acquire in Brazil, Russia, India, China, etc.
India, Four • 13. Allianz expects to grow lots in the Asia Pacific region • 14. Sanket Kawatkar, Actuary, now Head, Life Insurance Consulting, India at Milliman • 15. Indian Weather Risk Market could increase 2000% within three years • 16. Ergo is looking to launch an Indian life insurance company
India, Five • 17. Indian life insurers expect to lay off 20% of staff • Keep up with all of the latest Indian insurance news at www.ClaudePenland.com • Thank you!