Country: India Page 23 / 47
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- May 3 2021
India’s recovery derailed by Covid surge
Premiums had shown strong Q1 growth before a second wave.
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- April 22 2021
India’s LIC books record new business growth as it prepares for IPO
Sales at the state-owned life insurer have grown strongly despite Covid-19.
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- April 16 2021
Scor’s 1.4 renewals boosted by India and Japan
The reinsurer saw price increases of 12.3% on Japanese cat excess-of-loss programmes.
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- April 12 2021
India publishes proposed trade credit insurance guidelines
IRDAI move comes after the collapse of Greensill Capital last month.
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- April 8 2021
Indian insurtech Policybazaar eyes May IPO
Bloomberg report suggests the Indian unicorn could have a post-IPO valuation of US$3.5 billion.
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- April 8 2021
Axis Bank secures 13% stake in Max Life
The Indian private bank has an option to buy a further 7% of the country's fourth largest life player.
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- April 5 2021
India sees ‘moderate’ 1.4 property hikes
Willis Re report notes “lower catastrophe activity” despite some hard-hitting cyclones last year.
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- February 22 2021
GIC Re sale to put spotlight on obligatory cession
All general insurers in India are required to cede 5% of their business with the state-owned reinsurer.
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- February 15 2021
India to hand three P&C state owned majors capital boost
National Insurace, United India and Oriental Insurance to receive over US$400m.
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- February 3 2021
Generali seems keen as India opens up
Despite the change, foreign insurers are expected to remain sceptical as more details emerge.
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- January 28 2021
China, India insurtechs raise over US$270m in Q4 2020: WTW
Global fundraising hit an all-time annual high of US$7.1bn.
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- January 27 2021
United India, National and Oriental to get capital boost: report
The state-run P&C players need help meeting solvency requirements.
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- January 21 2021
India’s slowing economy to temper premium growth: Moody’s
The rating agency says a low penetration rates means there is still “ample” room for growth.
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- January 20 2021
India’s general insurers shrink in 2020
New India Assurance's 76% claims ratio for the six months from April was down from 93% in 2019.
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- January 15 2021
India FDI revamp needs to go further
Insurance Act clause on "control" makes sector less enticing to foreign investors.
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- December 29 2020
ICICI Pru Life inks deal with AU Bank
The deal expands the insurer's distribution channels among underserved populations.
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- December 29 2020
India M&A 2020 review
Mitsui Sumitomo, Paytm, ICICI Lombard and Aon all inked impressive deals in the subcontinent this year.
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- December 18 2020
Asia insurtech fundraising 2020 review
Waterdrop’s US$230m “mega round” with Swiss Re was the largest deal this year.
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- December 14 2020
Aon re-enters India with 49% Anviti stake
The broker returns to the country after 2017 exit following split with Global Insurance Brokers.
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- December 11 2020
GIC Re eyes underwriting profits amid investing woes
State-owned reinsurer's combined operating ratio overseas in H1 was 122% compared to 113% at home.
