Country: India Page 31 / 48
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- July 4 2019
Plans to offer more shares in New India and GIC Re
Share sales should help bring the two firms in line with Securities and Exchange Board of India rules.
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- June 25 2019
Six PE firms compete for IAG’s SBI stake
A 26% stake in India's SBI General Insurance is up for sale.
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- June 21 2019
Indian premiums defy weak economy
The country’s insurance market is up 24% so far in 2019, driven by a return to growth for LIC.
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- June 21 2019
HDFC plans to merge two Munich Re-backed insurers
HDFC's acquisition of a majority stake in Apollo Munich Health could unite two insurers.
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- June 20 2019
SBI Life’s CIO urges equities profit taking
It is a good time to profit take according to Gopikrishna Shenoy.
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- June 19 2019
Tata AIG strikes deal with IDBI Bank
Move comes hot on the heals of agreement with Max Bupa.
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- June 18 2019
Tokio Marine targets M&A in India and Thailand
The Japanese giant is looking for significant overseas growth.
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- June 17 2019
India’s long-term attraction
The country is an appealing investment destination as industry body calls for 74% foreign ownership cap.
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- June 17 2019
Mega merger in India being explored
Merger of three state-owned majors under New India could create a giant.
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- June 12 2019
Max Bupa and IDBI ink bancassurance deal
The bank will offer its customers easy access to Max Bupa's health products.
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- June 6 2019
Exiting India’s life market
As many as 15 promoters in 11 life insurance companies may be interested in divesting, but who will buy?
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- June 5 2019
Hospital group to take 51% stake of Cigna’s Indian JV
Manipal Education Medical & Group set to take a controlling stake in Cigna TTK.
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- June 4 2019
Payment giant in talks with US$100m Indian insurtech
India's Paytm is potentially looking to diversify through aggregator Coverfox.
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- June 3 2019
India’s Hero FinCorp in talks to buy Reliance GI
Reliance's parent company is under pressure to raise cash quickly to repay debt.
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- May 27 2019
Max India gains approval for sale of Max Bupa
51% stake sale is finalised after six months of negotiations with purchaser True North.
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- May 23 2019
Gallagher taps stake in Indian broker
The acquisitive US firm has further expanded its global reach.
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- May 17 2019
GIC Re competitor surrenders licence
India's ITI Re has surrendered its licence after a two-year struggle to get up and running.
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- May 14 2019
Liberty GI targets 100 branch openings in India
The insurer aims to open 100 branches by the end of this year.
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- May 7 2019
Market assesses damage from powerful Cyclone Fani
Clear up and damage assessment begins after one of the most powerful storms in decades.
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- May 3 2019
800,000 evacuated as Cyclone Fani threatens India
Insurers, brokers, adjusters and reinsurers will be on high alert over the next few days.