Monday, February 5, 2007

India confident of Pension, Insurance Reforms

London: India has said that it was confident of pushing through reforms in the insurance sector to allow greater foreign ownership as also the pension sector, as it seeks more overseas investments to sustain high growth.

Finance minister P Chidambaram told the Indo-British partnership network in London yesterday that the government was confident of mustering broad-based support for the pension fund regulatory and development authority bill as well as a bill for allowing greater FDI in insurance.

"Given patience and time, these bills will become law," Chidambaram said, adding that the government had to move cautiously in view of reservations expressed by some coalition partners... read more

Aviation Insurance - A Report

With the entry of several low cost airlines along with fleet expansions by existing ones and increasing corporate aircraft ownership, the Indian aviation insurance market is all set to take off in a big way.
Estimated to be in the region of Rs.3.5 billion, aviation insurance premium business is growing at a fast clip. At present the government-owned four non-life insurers are the major players in this segment as they cover public sector airlines like Air India and Indian. read more....

Sunday, February 4, 2007

upcoming events....

NMIMS's , Mumbai
MBA Actuarial Science Batch is organising a Seminar called 'SIGMA' on 11th February.

Date: Sunday, February 11, 2007

Venue: Auditorium, Institute of Hotel Management Veer Savarkar Marg, Dadar (W), Mumbai 400 028.

Event Schedule:
09:00 am – 09:30 am Registration
09:30 am – 10:00 am Inauguration

10:00 am – 11:00 am Session I: Insurance
 Recent Developments in Life Insurance – Issues and Prospects.
 De- tarrification
 Tapping the rural life insurance market.
 Capital Structure of Insurance Companies.
 Insurance Companies & Investments


11:00 am – 11:30 pm Breakfast

11:30 pm – 12:30 pm Session II: Banking & Financial Services
 Risk Management Issues in the Banking Sector.
 Risk Management Issues in Mutual Funds
 Second Generation Reforms in the Banking Sector


12:30 pm – 01:30 pm Session III:
 Mergers & Acquisition
 Taxation of Insurance

01:30 pm – 02:30 pm Lunch

02:30 pm – 03:30 pm Session IV: Pensions & Health Reforms
 Recent Developments in Health Insurance.
 Pensions – Financing of old age lifestyles.


03:30 pm – 04:30 pm Panel Discussion: Emerging Roles of Actuaries

Chairperson: Ms. Hillevi Mannonen (President. IAA)
Panel Members: Dr. R. Kannan (President, ASI)

04:30 pm – 05:00 pm Valedictory Address

Fact Book

Facts about Insurance Industry and other financial services...

http://www.financialservicesfacts.org/financial2/world/world/

start sharing.......

Warren Buffet

Dear all,

I found something to read on great Warren Buffet, i thought i should share it with u all.

http://webcompilation.googlepages.com/webcompilation.htm

enjoy.....