April 09, 2009



When insurance giant AIG ran into problems during the subprime mortgage crisis, how did that affect the company's two ventures with India's Tata Group? The impact was surprisingly small, according to Farrokh Kavarana, a director of Tata Sons, who oversees Tata AIG Life Insurance and Tata AIG General Insurance. Tata AIG's ventures are well capitalized and they more than meet regulators' solvency norms, he told India Knowledge@Wharton in an interview during the recent Wharton India Economic Forum in Philadelphia. Kavarana received the 2009 Wharton Indian Alumni Award during the Forum.

Category: Education

Tags: Farrokh Kavarana Tata Group Wharton India Economic Forum

1. Cricket Legend Sunil Gavaskar: 'The Challenge Is to Get the Team to Believe in Itself'
2. Tata Group's Farrokh Kavarana: 'We Are Just Trying to Reclaim Our Legacy'
3. Tata Sons' David Good: 'We Want to Be Known as a Global Company Rooted in India'
4. Apollo Hospitals' Shobana Kamineni: 'India Is a Nascent Country in Terms of Health Care'
5. ICICI Bank's Chanda Kochhar: 'A Very Exciting and Challenging Journey'
6. GlaxoSmithKline's Hasit Joshipura: Seeing a Healthy Future for India's Pharma Industry
7. Advice from Entrepreneur Sabeer Bhatia: 'Provide the Same Value at a Cheaper Price'
8. Billiards Champion Geet Sethi: 'By the Next Olympics, We Will Win Five Golds'

The Wharton School held the 13th Annual Wharton India Economic Forum on March 21, 2009 in Philadelphia. This event is a leading business forum for thought-leaders, professionals, alumni, faculty and students to discuss the unprecedented opportunities that lie in India's way and the challenges that need to be addressed to realize these opportunities.

Source: Knowledge@Wharton Interviews