Country: South Asia Page 1 / 55
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- July 16 2025
India’s insurance regulator sets up committee to vet licence applications: reports
Insurance Regulatory and Development Authority of India also approves the first stage of an application from Kiwi General Insurance.
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- July 16 2025
Gallagher India hires Deepika Oswal as national sales leader
Oswal joins from Marsh, where she was national leader, restructuring strategy and senior vice-president for key accounts.
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- July 15 2025
Ramesh Mahto joins WTW India from Marsh
Mahto will relocate from Mumbai to Pune to join the multinational client management team as an assistant vice president.
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- July 13 2025
Air India compensation unaffected by pilot error possibility: report
Preliminary investigation finds fuel to the engines of the Boeing 787 Dreamliner involved in the deadly crash in Ahmedabad last month was cut off moments after take-off.
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- July 11 2025
HDI appoints Alex Howell as property underwriting manager in Singapore
With 25 years’ global experience across property and energy, Howell will lead the property team across Southeast and South Asia.
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- July 8 2025
India mandates Ace Insurance Brokers to study feasibility of local P&I club setup: report
The move comes two years after finance ministry flagged the need for establishing a full-fledged, India-owned P&I entity.
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- July 4 2025
Lockton appoints Shubhangi Pathak as director for transactional lines in India
Delhi-based Pathak is a corporate lawyer, bringing in over 16 years of experience, specialising in M&A.
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- July 1 2025
IRDAI chairman race gets new entrant as process drags on: report
India’s financial services secretary Maddirala Nagaraju is the new name being considered as the post lies vacant since March 2025, holding up key reforms at a crucial time for the industry
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- July 1 2025
GIC Re hands Asta its Lloyd’s syndicate’s managing agency services
The agreement with the Davies-backed managing agency relates to the open and prior years of the Indian reinsurer's GIC syndicate 1947.
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- June 30 2025
Generali confirms JV with Central Bank of India
Indian state-owned bank will hold a 26% stake in the local insurance JV with the Italian insurer holding the rest.
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- June 26 2025
Indian government to reduce stake in GIC Re, New India Assurance: report
Government will divest a 5% stake in New India Assurance Company and 3.5% stake in GIC Re in FY26 to ensure compliance with the minimum public shareholding norms.
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- June 24 2025
Warburg Pincus in talks to divest 10% stake in India’s SBI General: report
Private equity firm is in discussions with other shareholders Premji Invest and State Bank of India for a deal that could value the general insurer at US$4.5bn.
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- June 23 2025
Zurich Kotak launches commercial insurance division
The carrier will expand into commercial property, liability, marine, and engineering, covering a range of businesses from SMEs to large corporates.
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- June 23 2025
Willis bolsters India finex team with head of claims appointment
Gurugram-based Arushi Arora joins the broker from law firm Khaitan Legal Associates, where she represented clients, insurers and brokers on complex liability claims.
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- June 20 2025
Marsh India names Jay Mehta as vice president for private equity, M&A
Mumbai-based Mehta joins from EY, where he was most recently senior manager for tax and regulatory services.
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- June 18 2025
‘Surely, prices will go up’: Air India crash to push hull and liability rates, could impact product liability
Brokers and a lawyer tell InsuranceAsia News that last week's fatal crash in Ahmedabad will have a wide-ranging impact on the aviation industry, with total losses set to be as much as US$475m.
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- June 15 2025
Aviation premiums could go up by 10% in FY27 following Air India crash: reports
Death toll has risen to 270 after Air India flight 171 crashed into a residential building shortly after take-off from in Sardar Vallabhbhai Patel International Airport in Ahmedabad on Thursday.
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- June 13 2025
Singapore Re expands into India with GIFT City branch
The Fairfax Asia owned reinsurer becomes the fourth international company to set up a branch in the Indian financial special economic zone.
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- June 13 2025
Air India crash claims could top US$280m, ‘investigations will take time’
Boeing 787-8 Dreamliner crashed shortly after departing Sardar Vallabhbhai Patel International Airport in Ahmedabad on Thursday afternoon, killing 241 passengers and crew.
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- June 13 2025
Air India crash: Tata AIG leads program jointly placed by Gallagher and WTW
Boeing 787-8 Dreamliner crashed minutes after take-off from India’s Ahmedabad airport on Thursday afternoon with 242 people on board.
