Country: South Asia Page 2 / 60
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- January 15 2026
Siddharth Verma joins Axa XL’s India underwriting team as assistant property underwriter
Mumbai-based Verma joins from Marsh India, where he had worked in the facultative reinsurance team for property and construction underwriting since February 2022.
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- January 14 2026
Marsh India promotes Mitul Shah to renewable energy leader
He was most recently the executive vice president within the renewable energy practice.
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- January 12 2026
Aon promotes Neha Shah to head of L&H reinsurance solutions in India
Shah had joined from Gen Re as chief actuary for the new line of busiess in January last year.
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- January 9 2026
Niyam Group receives in-principle approval from Lloyd’s for Syndicate 2047
Industry veteran Bobby Swarup announced the launch of Niyam Group last month.
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- January 9 2026
Allianz nets US$2.45bn from sale of 23% of Bajaj JVs
German insurer says India remains a 'high strategic priority'.
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- January 6 2026
Aatur Thakkar succeeds father Shashikant Thakkar as Alliance Insurance Brokers CEO
Shashikant Thakkar takes over as chairman of the board, where he will continue to provide strategic guidance.
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- January 2 2026
Marsh’s Avishek Rath joins Aon India as head of growth for facultative reinsurance solutions
He spent almost two decades at Marsh, most recently as head of the government business group since November 2024.
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- January 2 2026
Go Digit General Insurance board approves holding company merger
Move by Indian digital insurer marks the first transaction following changes to India’s insurance laws that allow mergers between insurance firms and non-insurance holding companies.
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- January 1 2026
Indian regulator fines Reliance General Insurance US$111,000 for violating outsourcing, commission rules
Insurance Regulatory and Development Authority of India penalised the insurer after a remote inspection uncovered improper payments, governance lapses and the use of an external agent without adequate justification.
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- December 19 2025
IFRS 17 timeline ‘question mark’ remains for India, Aon says
Anthony Atkins, APAC head of actuarial, says the Indian market has been 'quite slow in terms of its IFRS journey', with the deadline reported to have been extended until FY27.
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- December 18 2025
Sri Lanka flood claims manageable for insurers, reinsurers to absorb non-motor losses: Fitch
National Insurance Trust Fund, as Sri Lanka's sole reinsurer, faces greater exposure amid lack of retrocession cover from recent flooding due to Cyclone Ditwah.
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- December 16 2025
‘Humming’ India to be priority for insurers in 2026 amid market reforms, GDP growth
Move to allow 100% foreign ownership of insurance companies, and rapid economic growth, will drive a wave of dealmaking.
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- December 15 2025
India’s cabinet approves 100% FDI for insurance companies
Bill is expected to become law by the end of India's winter session of parliament on Friday.
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- December 12 2025
AM Best positive on New India Assurance amid ‘improving’ risk management
The rating agency has affirmed the financial strength rating of India's largest non-life insurer of B++ and its long-term issuer credit rating of bbb+.
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- December 9 2025
Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s
Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.
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- December 5 2025
Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
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- December 5 2025
Axa XL India snaps up Vishal Singh Rana as construction underwriter
Former civil and tunnel engineer previously worked for Prudent Insurance Brokers and Munich Re.
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- December 4 2025
Liberty Specialty Markets revamps APAC underwriting structure with 5 promotions
Moves for Marcus Thomas, Brett Gardiner, Angelo Maniatis, Shawn Anderson, and Ben Hissey impact Singapore, Hong Kong, China, India, Malaysia, and Australia.
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- November 28 2025
Korean Re approved to open branch in India’s Gift City
South Korean reinsurer plans to officially commence operations in April.
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- November 25 2025
Arvind Laddha appointed president of Ace Insurance Brokers
He brings two decades of experience in health assurance, consulting, and insurance brokerage firms.
