Country: India Page 43 / 47
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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.
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- August 22 2016
India pushes outsourcing norms for insurers
Activities such as medical examination, claims investigation and recovery may be outsourced under the new proposal.
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- August 19 2016
Indian life insurers post double-digit growth
Industry officials credited the surge to huge participation in unit-linked insurance plans.
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- August 15 2016
India pushes for insurers’ mandatory listing
Insurers that have been in business for eight years may have to list publicly under new plans.
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- August 12 2016
HDFC and Max pave the way for Indian consolidation
HDFC Standard Life and Max Life are going ahead with a merger that will create India’s biggest private-sector insurer.
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- August 10 2016
HDFC Life and Max Life agree merger terms
The terms of the three-step merger have been announced after the boards of all four firms approved the terms.
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- July 29 2016
India’s general insurance sector posts 20% growth
The country's private insurers continue to post better performance than their counterparts in the public sector.
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- July 27 2016
GIC Re aims for global recognition
Chairman Alice Vaidyan said that GIC will be among the top 10 ranked global reinsurers by 2020.
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- July 20 2016
ICICI Pru Life’s IPO poised to be India’s biggest in six years
The listing is expected to take place this year, with proceeds of up to US$745m going to majority owner ICICI Bank.
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- July 19 2016
Indian life firms post strong growth
Statistics from June show a 23% increase in annualised premium equivalent, according to Kotak Institutional Equities Research.
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- July 13 2016
India’s Edelweiss to launch insurance company
One of the country's leading diversified financial services companies is preparing to enter its competitive insurance industry.
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- July 5 2016
RGA enters India
The Reinsurance Group of America has secured approval from the regulator to establish a branch in the country.
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- June 30 2016
ICICI Prudential to go public in September
India's first public offering of a life insurer is scheduled to go public by September with an IPO that is set to raise US$885m.
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- June 28 2016
Allianz to sell Indian stakes to partner Bajaj Finserv
The German insurer is poised to sell its investments in two insurance units, Bajaj Allianz Life and Bajaj Allianz General Insurance.
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- June 24 2016
Indian life premiums up by more than a quarter
New premium collections increased by 26.6% to US$1.57 billion during May, led by state-run companies.
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- June 24 2016
Dai-ichi Life ups stake in Indian insurance venture
The Japanese company has paid US$80m to Bank of India to extend its stake in Star Union Dai-ichi Life to 44%.
