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11/29/2008 News For: Bajaj Allianz Life InsuranceenceSBI's non-life entry to hit New India Assurance hard CHENNAI— Once the state-owned State Bank of India SBI, India's largest lender, enters the non-life general insurance business following its recent tie-up with Insurance Australia Group Ltd. IAG, the country’s premier non-life insurer New India Assurance will start losing Rs 2 billion premium income annually.As a bancassurance partner, SBI currently contributes around Rs 2 billion as premium ... William Russell launches discounted group life and income plans for expats William Russell has launched discounted corporate life insurance and income protection plans for small expat employers. ... Hontai Life To Sell NT$5.5 Billion New Shares Before Year-End TAIPEI -Dow Jones- Taiwan's Hontai Life Insurance Co. plans to sell around NT$5.5 billion worth of new shares before the end of the year and another NT$1.5 billion in the first quarter to boost capital, company Chairman David Jou said Thursday. |