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Air India crash creates rare insurance dilemma: Nominees also among dead

The devastating Air India 171 plane crash, which claimed 241 lives on board and 29 on the ground, has created an unforeseen challenge for insurance companies to settle some claims where even the......

MT Vasudevan Nair, Suzuki, ex-CJI Khehar Singh get Padma Vibhushan

Former Chief Justice of India J S Khehar, former chief of Suzuki Motor late Osamu Suzuki, Ram temple architect Chandrakant Sompura, folk singer late Sharda Sinha and hockey player PR Sreejesh are......

Tata AIG Life plans equity expansion

Tata AIG Life Insurance Company has decided to increase its equity capital from the current Rs 231 crore (Rs 2.31 billion) to fund expansion and meet capital adequacy requirements for 2005.Tata AIG......

With firefighting behind them, insurers can now shift gears and focus on growth

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. Illustration: Uttam Ghosh The events......

Indian joint ventures safe, says AIG

The American International Group India on Thursday issued a release stating that the US financial crisis does not have any immediate material impact on Tata AIG Life Insurance. "Tata AIG Life is......

Tata AIG offers health plan with life cover

Tata AIG Life Insurance on Wednesday announced the launch of Tata AIG HealthFirst -- a health insurance plan with life cover. The plan provides cover for prolonged hospitalisation including major......

Prudential may sell Tata AIG stake to Tatas

Prudential CEO Tidjane Thiam indicated that the British company would sell its stake in Tata AIG Life to the Indian conglomerate. In March, Prudential had acquired AIG's Asia business for $35.5......

Amitabh Bachchan Gets Injured During Shoot

Photograph: Kind courtesy Amitabh Bachchan/Instagram Amitabh Bachchan was injured while shooting Project K in Hyderabad. The Big B, who is 80, broke his rib cartilage and is currently resting at......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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