Country: India Page 29 / 41
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- April 26 2018
India starts merger process of three state insurers
The proposed merger has been set in motion, though the government has yet to lay out a roadmap.
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- April 19 2018
APAC bancassurers tap blockchain to improve offerings
Banks in the region continue to leverage the technology to improve and expand their insurance offerings.
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- April 19 2018
India’s insurance regulator may have new chief in May
Life Insurance Corporation's VK Sharma and New India Assurance's G Srinivasan seen as top contenders.
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- April 18 2018
Indian consortium to develop data-sharing blockchain
The consortium of life insurance companies has partnered with IT services firm Cognizant Technology Solutions.
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- April 13 2018
India’s general insurers book 17% direct premium growth
Private sector general insurers recorded even stronger growth of 21.6% during the financial year just ended.
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- April 10 2018
Indian mortgage lender HDFC to acquire Apollo Munich
India's largest mortgage lender is reportedly in advanced negotiations to pay around US$150m for the joint venture.
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- April 9 2018
India’s public-sector merger put off to next year
The consolidation of United India Insurance, National Insurance and Oriental Insurance has been delayed.
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- April 4 2018
SBI Life names new CEO
Sanjeev Nautiyal will head the joint venture between State Bank of India and BNP Paribas Cardiff.
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- March 29 2018
Three state-owned Indian insurers undergo merger review
National Insurance, United India Insurance and Oriental India Insurance will merger within the next six months.
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- March 28 2018
Goldman Sachs eyes Indian insurance acquisition
The Wall Street bank's private equity unit is reportedly in talks to buy a minority stake in Royal Sundaram.
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- March 9 2018
India awaits new regulator
The government is currently interviewing candidates vying to become its next regulatory chief.
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- March 2 2018
India’s Videocon to divest insurance unit
The company is selling its stake in Liberty Videocon General Insurance to Diamond Dealtrade and Enam Securities.
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- February 28 2018
Paytm seeks insurance licence
The online payments company is set to file an application to operate as a life and general insurer.
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- February 23 2018
Indian insurers enjoy big sales hike
Premiums surged 14% year-on-year to US$64b, according to the latest data from Irdai.
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- February 21 2018
HDFC seeks to acquire Apollo Munich
India’s biggest mortgage firm has entered into the talks as part of a new push for growth through acquisitions.
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- February 15 2018
IAG sees ‘limited’ Asia opportunities
The Australian group is conducting a strategic review of its US$630m investment in the region.
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- February 13 2018
India market to reach US$280bn by 2020
Vice-president Venkaiah Naidu cited the country's rosy economic prospects as a driver for the insurance industry.
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- February 12 2018
China, India priority markets for UK insurers after Brexit
The Association of British Insurers has said the two nations will be key targets after departure from the EU in 2019.
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- February 5 2018
India unveils three-way merger of state-owned insurers
National Insurance, United India Insurance and Oriental Insurance are set to merge to form a single entity.
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- February 2 2018
Indian life companies push for separate limit on tax exemption
The sector is looking at introducing various supportive measures in the upcoming state budget.