Country: India Page 2 / 49
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- April 29 2025
India’s Bajaj Group seeks regulator’s nod to acquire Allianz SE’s 26% JV stake: report
Allianz SE agreed to sell its stake in its non-life and life insurance joint ventures for EUR2.6 billion (US$2.8 billion) in March.
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- April 28 2025
Skuld CEO calls for inclusive approach to secure level playing field for ship owners
Stale Hansen discusses India's P&I ambitions, following in China's wake, and the high-stakes challenges of growing dark fleet.
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- April 28 2025
India’s Parliament to introduce bill allowing 100% FDI during monsoon session: reports
India's Insurance Amendment Bill will first be placed before Cabinet for its approval, after which the Department of Financial Services under the finance ministry would begin the introduction process.
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- April 25 2025
4 more Russian insurers seek India’s nod to provide marine cover for crude tankers: reports
Sberbank Insurance, Ugoria, ASTK and Balance Insurance have sought approval to offer P&I coverage for tankers calling at Indian ports, according to Reuters and Bloomberg.
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- April 24 2025
IRDAI chairman race heats up as frontrunners emerge: report
Insurance Regulatory and Development Authority of India (IRDAI) post has been vacant since Debasish Panda completed his three-year term in March.
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- April 22 2025
Willis bolsters India aviation, space team
Anant Pawar joins the WTW broking business from Aon India, where he was chief broking officer.
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- April 21 2025
Gallagher India hires Sunny Goel as head of liability and growth projects
Delhi-based Goel will lead the expansion of Gallagher India's liability and reinsurance portfolio, while also establishing new specialty and niche areas.
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- April 16 2025
India’s ICICI Lombard profit after tax up 30.7% to US$301.2m, COR improves to 102.8% in FY25
The carrier's GWP for the period increased by 10.4% to US$3.3bn.
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- April 15 2025
Kshitij Chirimar joins Arundo Re as senior underwriter for Indian subcontinent
Delhi-based Chirimar previously held strategic positions at Verity Knowledge Solutions and Ace Insurance Brokers.
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- April 14 2025
India’s Anand Rathi Insurance Brokers appoints Sumit Dutt as chief executive, principal officer
Mumbai-based Dutt was previously director of sales with Edme Insurance Brokers, where he worked for one year and six months from May 2023.
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- April 8 2025
India’s Unilight appoints Sumit Bohra as executive director
Bohra, who joins the (re)insurance broker from GlobeSecure, is the outgoing president of the Insurance Brokers Association of India.
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- April 7 2025
India’s general insurance market to rebound in FY26
The growth in premium will be primarily driven by rate increases pushed by hardening of reinsurance rates for certain lines of business and inflationary pressures, according to Fitch-owned agency India Ratings and Research.
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- April 7 2025
Munich Re’s Shashank Kaushik joins Bajaj Allianz as head of technical for agri business
Pune-based Shashank was most recently senior underwriter for the reinsurer, focused on key clients across APAC and Africa.
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- April 1 2025
Marsh India promotes Riddhiman Kundu
He has been with Marsh for over 10 years, having also worked for ICICI Lombard and ICICI Securities.
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- April 1 2025
Howden India appoints Aon’s Saurabh Verma as chief business officer
He will be in charge of promoting regional growth and strengthening client connections.
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- March 31 2025
Hong Kong’s Peak Re makes India foray with GIFT City branch
Office in the offshore special economic zone will be led by Sudhir Salian, managing director and head of India.
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- March 27 2025
India infrastructure boom builds reinsurance demand at 1.4
Property, engineering and liability lines see growth, but rates remain flat to down, says Howden’s Prateek Singhal.
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- March 27 2025
Amid abundant capacity, 1.4 renewals could see double-digit rate drop: Aon’s George Attard
APAC reinsurance solutions CEO tells IAN ahead of key renewals that a continuation of 1.1 dynamics has resulted in a favourable environment for buyers.
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- March 25 2025
Howden names Rajesh Singh as head of property in India
He has been with Howden since October 2023, having previously worked for the likes of Hero Insurance Broking, Alliance Insurance Brokers and Marsh.
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- March 24 2025
GIC Re’s terrorism risk rate cut could slash premiums by up to 15%: report
India has not faced a major terrorism loss since the Mumbai terrorist attacks in 2008.
