Country: South Asia Page 1 / 53
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- May 9 2025
‘No barriers’ to ILS activity in Asia, says Peak Re’s Iain Reynolds
With the current soft market, investors are being offered 'quite a lot of deals', requiring issuers to fight for attention, the director of third-party capital at the Hong Kong-based reinsurance specialist tells InsuranceAsia News' Between The Lines podcast.
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- May 9 2025
India to revive plan to merge 4 general insurers: report
Merger would create a non-life carrier with the highest market share in India and help the government’s mission of 'insurance for all' by 2047.
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- May 9 2025
Opinion: With great expectations, will India’s growing but potentially vulnerable surety bond sector avoid the mistakes of past markets?
Decision by India’s regulator to allow insurers to write surety bonds goes hand-in-hand with a booming construction sector.
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- May 7 2025
India’s Iffco-Tokio launches surety bond insurance: report
Construction industry has reportedly offered bank guarantees worth INR1.7 trillion (US$20.1 billion), which is projected to grow to INR3 trillion by 2030.
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- May 2 2025
Munich Re appoints Surendra Singupalli as India head of property treaty underwriting
Singupalli was most recently head of property treaty underwriting for Southeast Asia at the reinsurer's Singapore office.
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- April 30 2025
Howden confirms Mandira Gupta as MD and M&A head
Gupta, who joins from rival Marsh, will lead the broker's private equity and transactional risk insurance solutions as first reported by IAN.
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- April 29 2025
India’s Bajaj Group seeks regulator’s nod to acquire Allianz SE’s 26% JV stake: report
Allianz SE agreed to sell its stake in its non-life and life insurance joint ventures for EUR2.6 billion (US$2.8 billion) in March.
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- April 28 2025
Skuld CEO calls for inclusive approach to secure level playing field for ship owners
Stale Hansen discusses India's P&I ambitions, following in China's wake, and the high-stakes challenges of growing dark fleet.
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- April 28 2025
India’s Parliament to introduce bill allowing 100% FDI during monsoon session: reports
India's Insurance Amendment Bill will first be placed before Cabinet for its approval, after which the Department of Financial Services under the finance ministry would begin the introduction process.
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- April 25 2025
4 more Russian insurers seek India’s nod to provide marine cover for crude tankers: reports
Sberbank Insurance, Ugoria, ASTK and Balance Insurance have sought approval to offer P&I coverage for tankers calling at Indian ports, according to Reuters and Bloomberg.
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- April 24 2025
IRDAI chairman race heats up as frontrunners emerge: report
Insurance Regulatory and Development Authority of India (IRDAI) post has been vacant since Debasish Panda completed his three-year term in March.
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- April 22 2025
Willis bolsters India aviation, space team
Anant Pawar joins the WTW broking business from Aon India, where he was chief broking officer.
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- April 21 2025
Gallagher India hires Sunny Goel as head of liability and growth projects
Delhi-based Goel will lead the expansion of Gallagher India's liability and reinsurance portfolio, while also establishing new specialty and niche areas.
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- April 16 2025
India’s ICICI Lombard profit after tax up 30.7% to US$301.2m, COR improves to 102.8% in FY25
The carrier's GWP for the period increased by 10.4% to US$3.3bn.
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- April 15 2025
Kshitij Chirimar joins Arundo Re as senior underwriter for Indian subcontinent
Delhi-based Chirimar previously held strategic positions at Verity Knowledge Solutions and Ace Insurance Brokers.
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- April 14 2025
India’s Anand Rathi Insurance Brokers appoints Sumit Dutt as chief executive, principal officer
Mumbai-based Dutt was previously director of sales with Edme Insurance Brokers, where he worked for one year and six months from May 2023.
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- April 9 2025
APAC protests, riots in 2024 highest globally: Allianz Commercial
India, Pakistan, South Korea top 10 countries by frequency globally last year, according to a report.
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- April 8 2025
South Asia flooding reveals risk of erratic monsoon patterns: WTW
Rain gauges across South Asia recorded unusually high totals last year, including in New Delhi in India, Lahore in Pakistan, Kathmandu in Nepal and Cox's Bazar in Bangladesh.
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- April 8 2025
India’s Unilight appoints Sumit Bohra as executive director
Bohra, who joins the (re)insurance broker from GlobeSecure, is the outgoing president of the Insurance Brokers Association of India.
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- April 7 2025
India’s general insurance market to rebound in FY26
The growth in premium will be primarily driven by rate increases pushed by hardening of reinsurance rates for certain lines of business and inflationary pressures, according to Fitch-owned agency India Ratings and Research.
