Country: India Page 39 / 48
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- August 29 2017
Indian insurers bank on blockchain
Some 13 Indian insurance firms plan to use the technology to create a storehouse of policyholder data.
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- August 22 2017
Insurers to spur IPO bonanza in India
Total fundraising from first-time share sales could balloon to Rs500bn (US$7.8bn) this year.
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- August 21 2017
Centrum Group gets broking licence in India
The firm controlled by former Standard Chartered Asia chief Jaspal Bindra is expanding its insurance operation.
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- August 18 2017
Cigna raises stake in India JV
An application with the regulator will increase its stake in the joint venture with TTK to 49% from 26%.
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- August 15 2017
Reliance General Insurance to sell 10% stake through IPO
The Reliance Capital unit is the fourth general insurer in India to have announced its intention to list.
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- August 14 2017
Premiums of India’s non-life insurers up 9%
The total surged to Rs97.91 billion (US$1.52 billion) in July, according to data from the insurance regulator released recently.
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- August 9 2017
Irdai cautions startups backed by PE firms
The regulator has warned that private equity firms need to show proof that they will provide long-term support.
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- August 8 2017
Indian regulator surveys insurers on telematics
Irdai is seeking a better understanding of how product design and pricing should work for mass adoption of telematics.
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- August 7 2017
Star Health Insurance plans US$470m stake sale
The Indian insurer has reportedly appointed an investment bank for primary and secondary stake sales.
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- August 2 2017
HDFC Standard, Max Life call off proposed merger
Failing to secure regulatory approval in India, the two companies have cancelled their merger plans.
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- August 1 2017
Sahara Life to take regulator’s order to court
The Indian group is resisting the regulator's order to transfer its life business to ICICI Prudential.
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- July 31 2017
Indian insurers post 35% premium growth
Impressive results were driven by the strong performance of health, motor and fire insurance.
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- July 31 2017
ICICI Pru in final stages of Sahara India Life takeover
The two companies are in the final rounds of discussions, with completion expected soon.
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- July 28 2017
Promise over profits in India
Less than a year after new rules to nurture domestic reinsurance capability, ITI Re is set to quit the business.
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- July 28 2017
Two state-owned insurers set to apply for IPO in India
GIC and New India Assurance are expected to tender their applications for initial public offerings within three weeks.
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- July 27 2017
IDBI Federal Life Insurance eyes 100% stake sale
The sale could provide an exit for joint venture partners IDBI Bank, Federal Bank and Ageas.
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- July 27 2017
Axa aims to join India’s top 10 insurers
The French insurer will focus on growing its agency sales force and closing new bancassurance deals.
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- July 24 2017
Global Insurance buys out Aon in India JV
The deal for the 26% stake immediately changes the JV's brand name to Global Insurance Brokers.
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- July 18 2017
Indian insurers bullish on continued growth momentum
The country's general insurance industry says that 20% annual growth will be sustainable in the coming years.
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- July 17 2017
India’s HDFC Life shareholders push IPO plans
Standard Life is reportedly keen to move forward with the listing after the merger with Max Group's is likely to be called off.
