Country: India Page 33 / 40
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- February 21 2017
MetLife pullout from Indian venture hits snag
Punjab National Bank's decision to retain its 26% stake in the venture is complicating the process.
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- February 21 2017
Indian banks seek cover against cyber threat
The rising incidence of cyber attacks is prompting lenders to explore insurance solutions.
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- February 20 2017
Panel of actuaries to examine new policies in India
New products will soon need the approval of a panel of actuaries before they can go on sale.
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- February 17 2017
After China’s slowdown, is India next?
The signs of an economic slowdown in India are becoming more evident, and the timing could hardly be worse.
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- February 17 2017
India insurance penetration to hit 4% this year
Insurance coverage in the country peaked at 5.2% in 2009, but is now back on a rising trend.
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- February 14 2017
Reliance Nippon Life seeks partner
One of the largest life insurance companies in India is looking for a partner to merge with.
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- February 13 2017
New India Assurance will file IPO within eight months
The Indian insurer has said it will take six-to-eight months to prepare its initial public offering.
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- February 7 2017
Global insurers capitalising on India’s demonetisation
The government's radical experiment has pushed millions of Indians to enter the formal financial system.
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- February 3 2017
RGA starts operations in Mumbai
The opening comes after the branch secured a licence and the required approvals from the regulator.
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- February 1 2017
Future Generali seals India bancassurance deal
The deal with state-owned Bank of Maharashtra gives access to distribution through 1,896 branches.
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- February 1 2017
India’s SBI Life eyes IPO within next fiscal year
Chief executive officer Arijit Basu says the life insurer may sell a 10% stake by March 2018
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- January 30 2017
India drafts guidelines on outsourcing insurers’ activities
IRDAI proposed rules designed to ensure firms comply with prudent risk management practices.
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- January 25 2017
Swiss Re to open Mumbai branch on February 1
India's regulator has approved the Swiss reinsurer’s application for a composite branch licence.
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- January 23 2017
Lloyd’s gets final approval on India branch
Chairman John Nelson says it will develop the branch as an international centre for insurance and reinsurance.
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- January 20 2017
India approves listing of five state-owned insurers
The cabinet committee of economic affairs has confirmed the plan announced last year.
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- January 19 2017
Practo bets big on health insurance space
The Indian healthcare platform plans to invest after raising US$55m in its series-D funding round.
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- January 18 2017
India’s new business life premiums up in December
Private life players posted 42% growth in premiums thanks to an increase in financial savings.
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- January 18 2017
Bharti Axa appoints Sanjeev Srinivasan as chief exec
The new CEO joined from ICICI Lombard in August 2016 as chief commercial and principal officer.
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- January 13 2017
Aegon Life forecasts online insurance growth in India
Buying insurance products in the country will soon be similar to booking a plane ticket online.
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- January 11 2017
New York Life unit buys stake in India’s Max Ventures
The largest mutual life insurance company in the US has bought a 22.51% stake for US$17.7m.
