Country: India Page 36 / 41
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- November 23 2016
Indian life insurers hit by demonetisation
The demonetisation of 500 and 1,000 rupees notes is affecting payments of renewal premiums.
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- November 22 2016
UK government urged to prioritise China, India links
The Association of British Insurers wants Westminster to help crack foreign markets after the Brexit referendum.
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- November 15 2016
Max India-HDFC Life merger questioned
India’s insurance regulator has asked what the proposed merger is intended to achieve.
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- November 8 2016
Lloyd’s onshore reinsurance branch in India approved
It plans to open a branch in Mumbai in 2017 as UK trade secretary praises the approval as "symbolic".
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- November 2 2016
India’s non-life gross premiums up 86% in September
Among the 23 private sector players, HDFC Ergo General's underwritten premium almost tripled.
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- November 2 2016
India requires reinsurance applicants to bring in capital
IRDA moves closer to final approval with a capital request of Rs5 billion (US$75 million) each.
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- November 1 2016
Metlife to exit Indian insurance venture
The US insurer will sell its 26% stake in PNB Metlife to focus on challenges in its home market.
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- October 21 2016
Myanmar and India sign insurance cooperation
The MoU was signed in the presence of Narendra Modi and Aung San Suu Kyi.
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- October 20 2016
Foreign reinsurers likely to get R2 approval in India this month
An R2 or second-phase approval looks imminent for foreign reinsurance firms seeking a branch licence in India.
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- October 18 2016
India stalls mandatory listing for insurers
The insurance regulator's proposal has been put on hold after reported intervention by the finance ministry.
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- October 10 2016
SBI to sell stake in SBI Life
Bank looking to sell as much as 5% of its 74% stake in SBI Life Insurance to private equity funds.
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- October 3 2016
Demand for political risk cover grows in India
The growing demand is a response to threats from Islamic State and similar extreme groups.
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- September 30 2016
ICICI Prudential launches India’s first insurance IPO
Selling shareholder ICICI Bank raised US$911m from the country's biggest initial public offering in six years.
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- September 28 2016
Bank of India sells 18% stake in insurance JV
The stake in Star Union Dai-ichi Life Insurance has been bought by its Japanese partner Dai-ichi Life Insurance.
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- September 27 2016
India plans public listing of state insurers
New India Assurance and GIC, which together have assets of more than US$20bn, are set to IPO first.
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- September 22 2016
India’s BSE to venture into insurance business
Bombay's stock exchange is set to float two insurance-related arms under its fully-owned subsidiary BSE Investments.
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- September 20 2016
Indian insurer’s ‘foreign’ executive told to step down
Universal Sompo General Insurance has acted to comply with FDI rules calling for local management control.
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- September 13 2016
Indian insurers unprepared for mandatory listing
The country's insurers are worried about a mandatory listing proposal introduced by the regulator.
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- September 7 2016
Investors bet on private health insurance
The countries expected to draw substantial investment in private healthcare are China, India, Brazil and Mexico.
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- August 30 2016
Indian life insurers keep up high growth rates
New premiums were buoyed by better distribution channels, low rates and better expectations from unit-linked products.
