Articles in Banking and Insurance

Cooperative giant Iffco’s venture Iffco-Tokio General Insurance has appointed Yogesh Lohiya as managing director and chief executive. Lohiya, who succeeds S Narayanan, will assume the post on Wednesday. Prior to joining Iffco-Tokio, Lohiya was chairman and managing director of General Insurance Corporation of India. Iffco-Tokio General Insurance is a joint venture between Indian Farmers Fertiliser Co-operative (Iffco) and its associates holding 74 per cent stakes and the largest Japanese ...

ICMIF Supporting Member, Willis Re, the global insurance broker, has released a report discussing the challenges and opportunities available to mutual insurers through diversification. The report, subtitled Navigating the Pitfalls in Pursuit of Successful Diversification, examines, through discussion and the use of case studies, how the unique characteristics of mutual insurers mean that some are being encouraged towards diversification by regulators and rating agencies, and considers some of ...

During the forthcoming Solvency II Solutions event for ICMIF members, Thursday, May 24, Invesco’s Chief Economist, Dr John Greenwood, will update delegates on his latest Economic Outlook and will expand on this to look at the potential impact on capital markets from Solvency II. This session will explore how these changes may impact the insurance sector, both from a credit and asset allocation perspective. It will also discuss issues and risks from an investment standpoint for the insurance ...

Thrivent Financial for Lutherans is one of most recent organisations to join ICMIF. The organisation has just been recognised for its demonstrated leadership in ethical business practices by being selected as one of the “World’s Most Ethical Companies” for 2012 by the Ethisphere Institute. Thrivent Financial was named to the prestigious list as a result of its leadership in promoting ethical business standards as well as for introducing innovative ideas to benefit the ...