Country: South Asia Page 14 / 50
-
- March 27 2023
India renewals to see prices climb 10-35%
The market is likely to see property, fire and marine premiums correcting as negotiations hit their final week.
-
- March 27 2023
Marsh McLennan appoints Sanjay Kedia India CEO
The Marsh India country head will assume an additional role in the ongoing senior leadership shuffle in the region.
-
- March 23 2023
India’s Reliance Jio plans insurance foray: report
India's biggest conglomerate has hired senior executives from state-owned insurers and is set to approach IRDAI for general and life carrier licences .
-
- March 20 2023
Indian property cover rates to go up as carriers start claim-based pricing: report
The revision follows an IRDAI directive that rates published by the insurance information bureau need not be treated as a minimum rate.
-
- March 20 2023
Zurich prioritises India as it charts out APAC expansion
The Swiss insurer's M&A strategy in Asia is less about "planting flags" and is focused on driving profitable growth, says regional M&A head.
-
- March 17 2023
Indian trade credit specialist Origin ties up with AU Group to expand offering
The partnership will help the Indian carrier offer coverage for political risk, non-payment, bankruptcy and insolvency.
-
- March 15 2023
India’s Bandhan Group eyes deal for general insurance foray: report
The financial services group had recently met IRDAI officials as part of its insurance foray.
-
- March 14 2023
Government may inject funds into 3 Indian state-owned general insurers: report
United India Insurance, Oriental Insurance and National Insurance are facing a US$485m shortfall in capital to meet solvency requirements.
-
- March 13 2023
La Niña has ended with chances of El Niño, says US agency
The average global temperature tends to be higher during El Niño, with scientists forecasting the summer of 2023 to be among the hottest globally.
-
- March 10 2023
Blue Marble to pilot extreme heat parametric cover in India
The insurance, to be offered in partnership Arsht-Rock Foundation and SEWA, will protect women workers in the informal sector against income loss from extreme heat.
-
- March 9 2023
Gallagher Re acquires WTW’s India treaty business, puts Vinod Krishnan in charge
The broker will consolidate its reinsurance teams in the country with Krishnan relocating to Mumbai.
-
- March 9 2023
Minesh Jani to lead Howden Tiger’s India operations
Jani’s mandate is to expand treaty, retrocessional and specialty reinsurance solutions in Middle East, Africa and India.
-
- March 3 2023
Swiss Re, Aon team up for parametric earthquake cover for Nepal hydropower project
This is the first time that the IFC and other developmental agencies have agreed to finance a construction project backed by parametric insurance.
-
- March 2 2023
Himalayan Re expected to complete US$23m IPO this month: AM Best
The rating agency has placed the Nepalese reinsurer’s rating under review with positive implications due to the proposed listing.
-
- February 20 2023
Premiums for Indian fertiliser pool for Russia, Belarus imports at US$2.4m
The US$60m reinsurance pool administered by GIC Re provides has not received any claims yet.
-
- February 15 2023
InsuranceDekho raises US$150m via equity and debt
The Indian insurtech is targeting annualised premiums of US$423m by the end of March.
-
- February 15 2023
Marsh McLennan promotes Renée McGowan to India/MENA CEO
The new role for the Mercer president of Asia, Middle East and Africa is part of a series of regional appointments at the broking group.
-
- February 14 2023
Asia flood losses to worsen amid data deficit
(Re)insurers are feeling the heat from record rainfall events and fast-evolving climate risk scenarios.
-
- February 13 2023
Bangladesh reinsurance policies at risk of lapsing due to dollar shortage: report
Several cedents have been unable to pay premiums over many months due to restrictions on foreign currency remittance from the country.
-
- February 7 2023
India’s appeal grows amid China pessimism
Global reinsurers and Lloyd's syndicates hone in on the market as the IRDAI seeks to cut red tape.
