Country: India Page 1 / 57
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- April 19 2026
India flags off marine insurance pool with US$1.4bn sovereign backing
The Bharat Maritime Insurance Pool will provide H&M, cargo, P&I, and war-risk cover for Indian-flagged or controlled vessels and voyages to or from India.
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- April 19 2026
IRDAI retains 4% obligatory cession for FY27 renewals
Cession to state-owned GIC Re will apply to policies attaching in the current financial year, which ends March 31, 2027.
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- April 17 2026
Chubb eyes Indian return as 100% FDI reshapes market access: report
American insurer has been absent from India since 2007, when it exited its local joint venture with HDFC.
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- April 13 2026
India firms up plans for GIC Re-led US$100m marine war risk pool
Bharat Marine Pool will be led by state-owned reinsurer GIC Re and New India Assurance.
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- April 8 2026
Tarun Mathur resigns as Policybazaar Insurance Brokers CEO, replaced by Sajja Praveen Chowdary
Mathur cites 'personal commitments' as the reason for his exit.
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- April 8 2026
India eyes US$1.8bn sovereign guarantees to back Persian Gulf vessel insurance
Plan would reduce dependence on overseas reinsurance.
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- April 2 2026
Gift City’s (re)insurance ecosystem ‘scaling rapidly’ as premium volumes top US$1.2bn
Premium volumes at India's Gujarat International Finance Tech-City (Gift City) stood at US$102min 2020.
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- April 2 2026
Excess capacity driving sharp price drops in Asia at 1.4: Guy Carpenter
Despite geopolitical uncertainties, reinsurers are keen to support clients with innovative solutions, ensuring stability and continuity, APAC CEO Tony Gallagher says.
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- April 1 2026
Asian renewals see broad softening, but outcomes diverge by territory and loss experience
While overall demand remained stable, cedents in South Korea, India, China, and the Philippines capitalised on favourable terms and competitive pricing, with many exploring new structures and proportional protections.
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- March 31 2026
Indian regulator approves shift to new financial reporting for insurers from Wednesday
Amendments represent a significant step towards modernising the financial reporting framework of the insurance sector in India, the Insurance Regulatory and Development Authority of India says.
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- March 31 2026
JC Flowers acquires controlling stake in India’s Niyam Group
American PE firm is also lead investor in the group's newly established Lloyd’s carrier, Niyam Syndicate 2047, which is set to commence underwriting from Wednesday.
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- March 30 2026
Jio Financial Services targets 2026 entry into life, general insurance
Company expects to partner with Allianz to underwrite in India, according to local media.
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- March 30 2026
Sumit Aneja to lead Niyam Group’s new Gift City reinsurance branch
Niyam Group is the first insurance intermediary office from India’s first special economic zone to offer Lloyd’s of London capacity.
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- March 28 2026
Krishnamoorthy Rao returns to Generali to lead India P&C JV
He was formerly with Generali in India and Malaysia for over 16 years.
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- March 26 2026
Allianz Jio Re JV begins operation, appoints Sonia Rawal as CEO
Mumbai-headquartered reinsurance JV will underwrite in India, effective immediately, across all lines of business, life and non-life, treaty and facultative.
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- March 26 2026
‘Exciting times’ for Indian market as capacity influx drives steep softening at 1.4 renewals
Status as a magnet for global reinsurance capacity is driving significant rate reductions despite the ongoing conflict in the Middle East, according to brokers.
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- March 25 2026
Exclusive: Lloyd’s secures Gift City reinsurance licence
Lloyd’s was awarded a licence by Gift City regulator, the International Financial Services Centre Authority on Tuesday, as first reported by InsuranceAsia News.
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- March 24 2026
India-focused reinsurer Niyam secures Lloyd’s approval for Syndicate 2047
Former GIC Re chairman Devesh Srivastava has been appointed chairman as Niyam will begin underwriting from April 1.
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- March 24 2026
Markel launches W&I offering in Asia with key hires in Hong Kong, India
Lloyd's carrier hires Aon's Siddick Khan as a senior W&I underwriter in Hong Kong and Shubhi Nigam as an underwriter in India.
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- March 20 2026
India weighs US$107.5m war risk pool for Strait of Hormuz shipments: report
Facility would be feasible only after the route through the Strait of Hormuz opens up, a government official told the Economic Times.
