Country: India Page 38 / 41
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- May 10 2016
Indian insurers lining up for IPOs
ICICI Prudential Life and HDFC Standard Life are expecting to raise a total of more than US$1 billion this financial year.
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- May 9 2016
Indian insurers soon to invest in bank hybrid bonds
A senior official at IRDA has hinted of a change to the country's investment rules.
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- May 6 2016
SBI Life’s IPO now planned for next financial year
Preparations will start by September and the formal announcement could be made by next March.
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- April 27 2016
Edelweiss Tokio Life names new chief actuary
Subhrajit Mukhopadhyay will be responsible for all actuarial processes and controls in India.
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- April 22 2016
India’s coming IPO wave?
HDFC Life is set to become the country’s first publicly listed life insurer, potentially heralding a wave of deals.
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- April 19 2016
Indian life companies warned on bancassurance
An industry group has warned life companies about relying too much on banks for selling insurance policies.
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- April 14 2016
Indian firms exploit rising demand for D&O cover
Panama Papers revelations are among factors fuelling growing demand for large D&O policies.
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- April 12 2016
India’s life industry forecast to grow at 15%
The industry's annual premium equivalent increased 6% year-on-year in the first nine months of fiscal 2016.
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- April 5 2016
ICICI sells Lombard stake to JV partner Fairfax
The Indian bank sold the 9% stake in its insurance subsidiary for US$234m or five times book value.
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- April 4 2016
Lloyd’s to apply for Indian reinsurance branch
Application for onshore branch follows IRDAI’s recent publication of the regulations governing the Lloyd’s market.
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- April 4 2016
India approves 49% insurance FDI under automatic route
Reserve Bank of India decision intended to attract more overseas investment from the insurance sector.
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- March 23 2016
Foreign majors receive India investment approval
Nippon Life, Sun Life, Aviva Life and AIA are among the large insurers to have won approval for Indian expansion.
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- March 21 2016
Indian banks told to comply with crop insurance scheme
The Reserve Bank of India has reminded banks to ensure strict compliance with the provisions of the scheme.
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- March 17 2016
Four global reinsurers receive initial approval in India
Munich Re, Hannover Re, Swiss Re and French major SCOR still require final approvals from the Indian regulator.
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- March 11 2016
Disrupting India’s insurance industry
PolicyBazaar co-founder Yashish Dahiya discusses the challenges of bringing transparency to Indian insurance buyers.
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- March 7 2016
India’s health protection gap among Asia’s biggest
India's health protection gap is projected to rise by 12.3% annually and reach US$214 billion by 2020.
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- March 3 2016
India to list state-owned general insurers
Finance minister Arun Jaitley plans to sell off four non-life companies fully owned by the government.
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- February 23 2016
India considers automatic FDI approval
The government is reportedly looking at automatic approval for 49% ownership for foreign direct investments.
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- February 22 2016
Insurance regulators in India and UAE ink bilateral pact
The agreement provides for sharing of insurance information amid interest from many other countries in India.
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- February 12 2016
India likely to keep cap on brokers’ commissions
The local regulator has said that it cannot easily remove the existing caps on commissions and other remunerations.
