Country: India Page 44 / 48
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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%.
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- June 21 2016
Max Financial and HDFC eye merger
The deal will potentially create the biggest private insurer in the country, overtaking ICICI Prudential.
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- June 10 2016
Can a supercomputer forecast India’s monsoon?
More data is certainly a good thing, but investment in flood defences and urban planning are also crucial to building resilience.
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- June 1 2016
ICICI Prudential prepares Indian IPO
The joint venture has hired Bank of America Merrill Lynch and ICICI Securities for billion-dollar public listing.
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- May 20 2016
India to revise IPO guidelines for insurers
The regulator has been working on changes to the existing public offering norms and expects to announce them soon.
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- May 12 2016
Cross-border reinsurers win approval in India
Indian insurers are now allowed to make placements with a large number of reinsurers.
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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.
