Country: India Page 28 / 47
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- November 11 2019
Millions evacuated as Cyclone Bulbul makes impact
The storm has killed 13 people and is likely to wreak further damage in India and Bangladesh.
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- November 7 2019
MSI and Max Financial Services terminate share swap
The proposed deal would have seen the Japanese carrier take a 21.5% stake in Max Life's parent.
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- November 1 2019
KKR sells shares in SBI Life worth US$75m
This marks the third time in 2019 the private equity firm has sold shares in the Indian insurer.
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- October 24 2019
Indian conglomerate seeks PNG MetLife exit: report
A potetential deal could attract private equity bidders.
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- October 18 2019
Marsh India agrees deal for JLT Independent
The agreement in principle involves two brokers that are both joint ventures.
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- October 17 2019
IAG sells stake in India’s SBI General for US$432m
Premji Invest and Warburg Pincus are the buyers, with the carrier set to book a US$200m profit.
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- October 3 2019
India’s GIC targets Russia, Brazil expansion
The national reinsurer is looking abroad.
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- September 30 2019
Fairfax sells 50% stake in ICICI Lombard
The Canadian player continues to divest its shares.
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- September 30 2019
Nippon Life takes majority shareholding in RNAM
India's Reliance Capital completes another sale to Japanese giant.
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- September 17 2019
State Bank of India drops SBI General IPO plans
SBI has said it doesn't need the capital from a flotation at this stage.
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- September 16 2019
Chubb invests in India digital and actuarial hubs
The two centres will start with 100 people to help service the company globally in IT and other services.
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- September 12 2019
Indian banks’ stakes in insurers to be capped: report
A 30% cap would be a significant change for the market.
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- September 5 2019
IDBI Bank seeks Federal Life stake sale
The move comes after a government capital injection into the lender.
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- September 2 2019
India’s FDI broking boost
International brokers likely to take advantage of the country's 100% FDI reforms.
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- September 2 2019
India ushers in 100% FDI for brokers
There has been a mixed reaction from India's broking association to the move.
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- August 26 2019
Digit Insurance signs with Karur Vysya Bank
The fast growing online insurer and nationwide bank are targeting SMEs.
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- August 23 2019
Indian merger revives
The merger of three public-sector insurers in India could be done within 18 months, says EY.
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- August 21 2019
Triple Indian state P&C merger is best option: EY
National Insurance, United India Insurance and Oriental Insurance have been advised to avoid New India tie-up.
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- August 19 2019
India’s regulator calls to expedite monsoon claims
The Insurance Regulatory and Development Authority of India is asking insurers to speed up claims after huge flooding.
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- August 12 2019
Will Aviva be the next UK firm to exit Asia?
The UK giant could simplify its operations and reinvest elsewhere but lose out on the next phase of a key growth region.
