Country: South Asia Page 1 / 58
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- October 28 2025
JBA to open India office amid rising demand for flood risk data
The flood modelling specialist's new unit, JBA Risk Management India, will be based in Bangalore and led by managing director Mansi Kalra, who will relocate from Singapore.
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- October 27 2025
India’s GIC Re appoints Hitesh Joshi as interim chairman and managing director
The appointment, which is for three months, comes after the retirement of Ramaswamy Narayanan in September.
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- October 24 2025
Exclusive: Blackstone acquires majority stake in India’s Ace Insurance Brokers
The deal, which values the broker at US$350-400m, has received regulatory approval from the IRDAI, according to sources
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- October 24 2025
Starr expands India presence with new Gift City branch
The new office will conduct both general and reinsurance business, marking an important step in strengthening Starr's commitment to the Indian market, according to the company.
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- October 23 2025
SBI General Insurance grows GWP by 10.7% in H1 FY26
The Indian insurer has continued its momentum in H1 FY26 thanks to 'consistent performance across key businesses.'
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- October 18 2025
Allianz names Ritu Arora as India country head
Previously, Arora served as CEO and chief investment officer of Allianz Investment Management in Asia Pacific and India advisor to the Allianz SE Board.
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- October 17 2025
Gallagher partners with New India Assurance, Munich Re to create India’s first pandemic parametric
The Phoenix Mills has become the first insured in India to be covered against business interruption losses due to pandemic or epidemic outbreaks based on parametric triggers.
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- October 16 2025
Charles Taylor expands marine technical footprint in India, Qatar with Soteria associateship
This collaboration is in addition to the existing associate, SKAAD Insurance Surveyors & Loss Assessors in India.
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- October 15 2025
Aon India elevates Abizar Bohra to head of sports, leisure and entertainment
Bohra was previously senior vice president with the broker for over two years.
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- October 14 2025
Marine insurance rates may rise following Sri Lanka’s US$1bn plastic spill ruling: report
A cargo ship owned by Singapore’s X-Press Feeders, insured by London P&I Club, spilt tens of billions of petrochemical pellets and burnt plastic, oil and chemicals into the ocean off Colombo in 2021.
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- October 10 2025
GIC Re’s strong capitalisation to offset underwriting stress: AM Best
The rating agency has affirmed a financial strength rating of A- (excellent), long-term issuer credit rating of “a-” (excellent) having upgraded the rating last year.
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- October 8 2025
Rajesh Pawar to become interim MD at GIC Re as Ramaswamy Narayanan retires: reports
Pawar is currently a general manager of the Indian state-owned reinsurer.
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- September 26 2025
Aon India names Harpreet Sidhu head of financial services and professions
Sidhu was co-heading this unit since 2016, with stints across multiple verticals serving large, complex and institutional clients.
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- September 25 2025
IRDAI’s new chief calls for lower broker commissions: report
India’s insurance regulator is weighing a shift in commission governance, urging insurers to adopt a tiered expense framework similar to mutual funds amid rising scrutiny over distribution costs and their impact on policyholder premiums, media reports said.
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- September 25 2025
Aon India names Manoj Kumar head of sales and growth for commercial risk and health solutions
Mumbai-based Kumar was most recently head of specialty products for the global broker.
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- September 24 2025
Nepal’s ‘Gen Z riot’ losses impose financial strain on (re)insurers: AM Best
Outsized proportion of losses, reported to be over US$177m, could impact earnings and capital of the market, which has a combined GWP of US$317m.
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- September 23 2025
Everest Re launches in India, opens Gift City office
Everest Re joins the growing list of reinsurers opening offices in India's special economic zone.
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- September 22 2025
India’s Edme charts global expansion with Dubai, Singapore, London play: report
PE-backed broker is sharpening focus on specialty lines and digital infrastructure, and is readying for an IPO within five years.
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- September 19 2025
Nepal political riots claims near US$150m, regulator says
Violent protests caused widespread property damage after the parliament building, government offices, the Supreme Court and the newly-opened Hilton hotel in Kathmandu were set ablaze.
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- September 19 2025
Losses from India, Pakistan flooding likely to reach ‘billions of US$’: Aon
Punjab plains region of both countries is experiencing some of its worst flooding disasters in recent history, caused by anomalously high monsoon rainfall across northwest India and northern Pakistan.