Country: India Page 17 / 45
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- March 15 2022
Gallagher rebrands in India, eyes Asia expansion
US broker is in "advanced discussions with potential acquisitions” in the region.
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- March 9 2022
India privacy law to hit cyber, D&O policies
The need to comply with new rules will increase company exposure to data breaches.
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- February 14 2022
Charles Taylor gains Indian foothold with Skaad partnership
The London-headquartered adjuster has been expanding its APAC presence to keep up with rivals.
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- February 8 2022
Indian surety bond market success hinges on innovation
Market players need to work out how to deal with lack of credit assessment tools.
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- February 4 2022
LIC IPO could fetch US$8.84bn
The government has revised its divestment target for this fiscal year, hinting at LIC's expected IPO size.
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- January 27 2022
Generali to take majority control of India JVs
Italian giant set to own 74% of Future Generali India and up to 71% of Future Generali Life.
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- January 27 2022
India seeks cat bond framework
(Re)insurers looking to capitalise will likely need to be based in the Gift financial hub.
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- January 26 2022
Indian non-life insurers grew 12.2% in 2021
Health insurance made up 33% of the non-life market last year, surpassing motor for the first time.
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- January 21 2022
GIC Re faces US$270m cession loss
1% cession cut hands advantage to foreign players.
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- January 19 2022
India reduces reinsurance cession requirement to 4%
The new IRDAI rules are for the sum insured on general insurance and kick in from April 1.
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- January 17 2022
India’s Digit Insurance narrows full year losses: report
The digital player recorded strong revenue growth for the FY 2021 financial year.
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- January 13 2022
India pressed for pandemic risk pool
The regulator has been working on the project with a private and public partnership the most likely outcome.
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- January 12 2022
India to launch LIC IPO prospectus within weeks: report
The government is also understood to be finalising steps to allow foreign investors up to a 20% stake.
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- January 4 2022
India’s regulator issues guidelines on surety insurance
IRDAI's new rules include a 10% cap on GWP and come into force on April 1, 2022.
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- January 3 2022
Tokio Marine appoints Asia CEO
Masahito Hirai has switched from the firm's Malaysia operations to be based in Singapore.
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- December 31 2021
India identifies ‘systemically important’ insurers for 2022
GIC, LIC and New India have been deemed "too big or too important to fail' by the regulator.
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- December 23 2021
Marsh takes majority control of India JV
The broker has increased its stake from 49% to 92% following similar moves by Aon, Gallagher and WTW.
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- December 10 2021
Generali eyes increasing India JV stakes: report
The Future Group has been looking to divest its stakes in the P&C and life JVs for around 18 months.
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- December 7 2021
India’s Reliance grows despite parent’s insolvency
This year’s 19% increase in premiums compares to an average of 13% for India's general insurance sector.
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- December 2 2021
GIC Re takes premium hit amid ‘bottom-line’ focus
The reinsurer tells IAN classes with higher claims are being avoided as health and marine business drops.
