Country: South Asia Page 1 / 62
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- April 2 2026
Excess capacity driving sharp price drops in Asia at 1.4: Guy Carpenter
Despite geopolitical uncertainties, reinsurers are keen to support clients with innovative solutions, ensuring stability and continuity, says APAC CEO Tony Gallagher
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- April 1 2026
Asian renewals see broad softening, but outcomes diverge by territory and loss experience
While overall demand remained stable, cedents in South Korea, India, China, and the Philippines capitalised on favourable terms and competitive pricing, with many exploring new structures and proportional protections.
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- March 31 2026
Indian regulator approves shift to new financial reporting for insurers from Wednesday
Amendments represent a significant step towards modernising the financial reporting framework of the insurance sector in India, the Insurance Regulatory and Development Authority of India says.
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- March 31 2026
JC Flowers acquires controlling stake in India’s Niyam Group
American PE firm is also lead investor in the group's newly established Lloyd’s carrier, Niyam Syndicate 2047, which is set to commence underwriting from Wednesday.
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- March 30 2026
Jio Financial Services targets 2026 entry into life, general insurance
Company expects to partner with Allianz to underwrite in India, according to local media.
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- March 30 2026
Sumit Aneja to lead Niyam Group’s new Gift City reinsurance branch
Niyam Group is the first insurance intermediary office from India’s first special economic zone to offer Lloyd’s of London capacity.
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- March 28 2026
Krishnamoorthy Rao returns to Generali to lead India P&C JV
He was formerly with Generali in India and Malaysia for over 16 years.
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- March 26 2026
Allianz Jio Re JV begins operation, appoints Sonia Rawal as CEO
Mumbai-headquartered reinsurance JV will underwrite in India, effective immediately, across all lines of business, life and non-life, treaty and facultative.
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- March 26 2026
‘Exciting times’ for Indian market as capacity influx drives steep softening at 1.4 renewals
Status as a magnet for global reinsurance capacity is driving significant rate reductions despite the ongoing conflict in the Middle East, according to brokers.
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- March 25 2026
Exclusive: Lloyd’s secures Gift City reinsurance licence
Lloyd’s was awarded a licence by Gift City regulator, the International Financial Services Centre Authority on Tuesday, as first reported by InsuranceAsia News.
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- March 24 2026
India-focused reinsurer Niyam secures Lloyd’s approval for Syndicate 2047
Former GIC Re chairman Devesh Srivastava has been appointed chairman as Niyam will begin underwriting from April 1.
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- March 24 2026
Markel launches W&I offering in Asia with key hires in Hong Kong, India
Lloyd's carrier hires Aon's Siddick Khan as a senior W&I underwriter in Hong Kong and Shubhi Nigam as an underwriter in India.
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- March 20 2026
India weighs US$107.5m war risk pool for Strait of Hormuz shipments: report
Facility would be feasible only after the route through the Strait of Hormuz opens up, a government official told the Economic Times.
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- March 18 2026
India steps up efforts to create P&I club amid escalating Iran conflict: reports
Shipping ministry has held discussions with the Department of Financial Services on starting a homegrown club.
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- March 18 2026
Willis adds quartet to India aviation, aerospace team
Specialist brokers Nisha Solanki, Rushabh Thakkar, Shrutik Pitale and Ganesh Bangera have all joined from Aon.
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- March 17 2026
Howden folds India business into Rohan Bhappu-led Asia division
Paul Redgate becomes chairman of Howden India as part of the broker’s global reorganisation.
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- March 16 2026
Echo Re receives regulatory approval to open Gift City branch
The Zurich-based reinsurer has joined the growing list of global firms to enter India's Gift City.
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- March 13 2026
Opinion: Russian marine insurers in India look increasingly secure after US oil waiver
A brief sanctions reprieve and India’s interim extension to Russian insurers help sustain marine cover for Russian oil shipments, preserving trade flows between the two countries.
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- March 12 2026
HDFC Ergo promotes Parthanil Ghosh to MD and CEO
Mumbai-based Ghosh has been an executive director with the carrier since May 2025.
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- March 11 2026
Gallagher strengthens India liability, claims teams with four senior hires
The broker has appointed Mayank Sharma as national head of liability, Sunny Goel as strategic business leader for liability and renewable energy, Jyoti Krishnan as chief legal officer and national head of liability and specialty claims, and Nadeem Mokashi as head of P&C claims.