Country: India Page 1 / 58
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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.
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- May 19 2026
Opinion: No pain, no gain: who will be left once the Indian dust settles?
'Fierce competition' is driving price reductions across all major lines of business, with double-digit discounts available for property, D&O and cyber.
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- May 15 2026
Santam taps Hemant Gulati to lead Gift City buildout
Appointment comes after the South African insurer received regulatory approval to establish a presence in India’s special economic zone in February.
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- May 14 2026
Jio, Allianz incorporate 50:50 general insurance JV in India
Jio Financial Services will invest US$518,000 for a 50% stake in Jio Allianz General Insurance.
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- May 14 2026
India’s insurance premiums grew 9.86% to US$83.8bn by November: IRDAI
Non-life insurers, in particular, collected a gross direct premium of US$23bn, representing a year-on-year growth of 8.29%.
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- May 13 2026
India launches US$1.5bn maritime insurance pool, issues first war risk policies
GIC-administered Bharat Maritime Insurance Pool provides 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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- May 5 2026
Lockton appoints new Malaysia, India heads
Broker appoints Nicholas Lee as CEO of Lockton Sime in Malaysia, while Jay Sharma steps into the role of India CEO.
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- April 28 2026
HDFC Ergo elevates Samir Shah to deputy managing director
Mumbai-based Shah has been with the carrier for nearly two decades, previously holding the position of executive director since June 2018.
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- April 28 2026
SBI General Insurance taps Shrish Ramchandra Mahuli as chief business officer
Mahuli joins the Indian carrier from Reliance General Insurance, where he was president and head of agency and broking for motor, health and SME.
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- April 27 2026
Kuwait Re launches Gift City operations
Branch establishes a permanent presence for the reinsurer in India, following over four decades of providing reinsurance solutions in the country.