Country: India Page 1 / 58
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- July 2 2026
QBE takes full control of Indian JV after regulatory approval, set to rebrand
Australian carrier buys Prism Johnson's 51% stake in Raheja QBE General Insurance for US$35.5m.
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- June 30 2026
‘We’re in for the long haul’: Valueattics Re targets steady growth with domestic gains, regional moves
CEO TA Ramalingam tells InsuranceAsia News’ Between the Lines podcast the Indian reinsurer is building momentum with leadership positions and a disciplined underwriting approach, while laying the foundations for a broader regional presence.
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- June 25 2026
GIC Re targets 40% foreign business share, pivot away from overseas property cat risks: report
India’s state-owned reinsurer plans to grow in north Asia and parts of Europe, while rebalancing towards casualty and specialty lines, chairman Hitesh Joshi says.
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- June 22 2026
Gallagher Re confirms Minesh Jani’s appointment as India CEO
InsuranceAsia News had reported on his move from Howden Re in February.
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- June 21 2026
Lloyd’s partners with ICICI Lombard to expand multinational capabilities in India
Under the agreement, ICICI Lombard will issue local policies on behalf of Lloyd’s managing agents for selected lines of business.
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- June 19 2026
India releases US$2bn instalment for crop farmers in West Bengal: report
The instalment will support over 94 million farmers as part of India’s flagship crop insurance scheme, Pradhan Mantri Fasal Bima Yojana, according to the report.
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- June 18 2026
Strong demand drives ‘phenomenal’ growth of India’s new kid on the block
Nascent surety market is seen as a huge opportunity for the (re)insurance industry, with conservative estimates indicating a potential expansion to nearly US$1bn by 2030.
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- June 17 2026
India’s GIC Re appoints Hitesh Joshi as chairman, MD
He most recently served as interim chairman and MD, following the retirement of Ramaswamy Narayanan.
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- June 16 2026
India to sell up to 5% of GIC Re via share placing
Government is divesting part of its stake to comply with minimum public ownership regulations.
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- June 9 2026
Saudi Re taps Ruchi Jain to lead Gift City operations
Appointment comes after the reinsurer received regulatory approval to establish a presence in India’s special economic zone in January.
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- June 9 2026
State Bank of India confirms listing plans for general insurance arm: reports
State-owned lender is planning to IPO SBI General Insurance and SBI Mutual Fund, chairman says.
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- June 8 2026
IGI secures Gift City license as part of global expansion
The specialty (re)insurer expects to begin operations later this year.
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- June 2 2026
Mapfre Re names Chaturbhuj Bansal as head of India branch
He has over 16 years of experience in the insurance and reinsurance industry and will be based in the Spanish reinsurer's Gift City branch.
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- June 2 2026
Willis taps Chintan Aashwini in India to bolster Asia M&A practice
He has been appointed as a director in the broker's regional mergers and acquisitions team.
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- May 31 2026
Lavanya Mundayur returns to New India Assurance as chairman, managing director
With 35 years of experience, Mundayur is currently chairman cum managing director of Agriculture Insurance Company.
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- May 29 2026
Howden India snaps up TS VijayaVenkateswaran as property and risk management EVP
He has over 24 years of experience in risk management, insurance practice, and claims handling across cargo, engineering, property, and liability lines
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- May 28 2026
Niyam Group appoints Ruchi Sheth as director for marine, energy
She has over two decades of experience in general insurance, and was most recently vice president for marine insurance at Tata AIG General Insurance.
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- May 26 2026
GIC Re’s FY26 underwriting loss narrows to US$224m, COR improves to 104.66%
Carrier’s net profit for the financial year rose by 30% to top US$1bn, with GWP up at US$4.6bn.
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- May 21 2026
Howden India taps Suresh Ram Matcha for senior property, marine role
Matcha has over two decades of experience in the Indian insurance industry.
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- May 19 2026
Liberty Mutual hikes stake in India unit to 74%
Move follows earlier increase in Liberty Mutual's stake from 49% to 55.4% in September.
