Country: India Page 23 / 45
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- July 14 2020
India scraps public-sector merger
Government cites “current scenario” as it opts for US$1.3bn capital infusion.
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- July 13 2020
India to launch pandemic risk pool
The government also restarted talks to set-up a nat cat risk pool in June.
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- July 9 2020
India’s insurers may power state start-up funds
National insurers (such as GIC and LIC) are seen as large reservoirs of untapped capital.
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- July 8 2020
QBE exits India as Paytm’s founder taps market
Vijay Shekha Sharma's purchase of QBE Raheja has seen another Australian insurer depart.
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- July 7 2020
GIC Re’s downgrade adds to Srivastava’s challenges
Underwriting losses and Covid-19 market volatility are undermining a return to profitability.
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- July 7 2020
India’s Paytm to acquire Raheja QBE in “all-cash deal”
India's payments giant makes a serious move into insurance.
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- July 6 2020
Digital player bolttech’s rapid-fire Asia expansion
FWD's sister firm, led by Rob Schimek, looks poised to follow a similar growth path.
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- June 26 2020
Investors seize opportunities in India’s life market
Foreign buyers snap up bargains as promoters sell US$860m of stocks.
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- June 24 2020
Singapore takes stake in India’s ICICI Pru Life
The deal for the life JV is worth around US$111m.
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- June 23 2020
India’s life players see highest monthly premium growth
It is very welcome news considering the overall environment.
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- June 18 2020
Swiss Re, Tata AIG partner in India for catastrophe scheme
The state-led parametric programme covers the current monsoon season.
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- June 17 2020
India’s JB Boda sets sights on global ambitions
The Mumbai-headquartered broker wants to grow both its insurance and reinsurance books.
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- June 16 2020
Locked down India sees P&C premiums fall 9% in May
India has been one of the hardest hit countries in Asia by Covid-19.
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- June 12 2020
Future Group seeks to divest from Generali JVs: report
The in-crisis Indian conglomerate is seeking funds for debt repayment.
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- June 12 2020
People round-up: Axa XL, MatthewsDaniel, Universal Sompo
Former Markel-exec Matt Cannock has returned to the market at a global loss adjuster.
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- June 11 2020
Cyclone Amphan losses shoot up to US$15bn: report
Most of the damage is expected to be uninsured.
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- June 11 2020
Reaction to Asia’s June agriculture renewals
Senior experts from Canopius, Lockton and Willis Re give their verdicts.
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- June 5 2020
India’s motor claims surge over 50% as traffic restarts
However the country is still in lockdown -- which has now surpassed 70 days.
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- June 2 2020
India to revisit nat cat pool following latest cyclone
Cyclone Amphan will likely trigger hundreds of millions of dollars in claims.
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- May 27 2020
Claims’ community adapts as typhoon season ramps up
Covid-19 is forcing the use of technology during Cyclone Amphan and other major incidents.