Country: South Asia Page 2 / 63
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- March 26 2026
Allianz Jio Re JV begins operation, appoints Sonia Rawal as CEO
Mumbai-headquartered reinsurance JV will underwrite in India, effective immediately, across all lines of business, life and non-life, treaty and facultative.
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- March 26 2026
‘Exciting times’ for Indian market as capacity influx drives steep softening at 1.4 renewals
Status as a magnet for global reinsurance capacity is driving significant rate reductions despite the ongoing conflict in the Middle East, according to brokers.
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- March 25 2026
Exclusive: Lloyd’s secures Gift City reinsurance licence
Lloyd’s was awarded a licence by Gift City regulator, the International Financial Services Centre Authority on Tuesday, as first reported by InsuranceAsia News.
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- March 24 2026
India-focused reinsurer Niyam secures Lloyd’s approval for Syndicate 2047
Former GIC Re chairman Devesh Srivastava has been appointed chairman as Niyam will begin underwriting from April 1.
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- March 24 2026
Markel launches W&I offering in Asia with key hires in Hong Kong, India
Lloyd's carrier hires Aon's Siddick Khan as a senior W&I underwriter in Hong Kong and Shubhi Nigam as an underwriter in India.
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- March 20 2026
India weighs US$107.5m war risk pool for Strait of Hormuz shipments: report
Facility would be feasible only after the route through the Strait of Hormuz opens up, a government official told the Economic Times.
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- March 18 2026
India steps up efforts to create P&I club amid escalating Iran conflict: reports
Shipping ministry has held discussions with the Department of Financial Services on starting a homegrown club.
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- March 18 2026
Willis adds quartet to India aviation, aerospace team
Specialist brokers Nisha Solanki, Rushabh Thakkar, Shrutik Pitale and Ganesh Bangera have all joined from Aon.
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- March 17 2026
Howden folds India business into Rohan Bhappu-led Asia division
Paul Redgate becomes chairman of Howden India as part of the broker’s global reorganisation.
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- March 16 2026
Echo Re receives regulatory approval to open Gift City branch
The Zurich-based reinsurer has joined the growing list of global firms to enter India's Gift City.
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- March 13 2026
Opinion: Russian marine insurers in India look increasingly secure after US oil waiver
A brief sanctions reprieve and India’s interim extension to Russian insurers help sustain marine cover for Russian oil shipments, preserving trade flows between the two countries.
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- March 12 2026
HDFC Ergo promotes Parthanil Ghosh to MD and CEO
Mumbai-based Ghosh has been an executive director with the carrier since May 2025.
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- March 11 2026
Gallagher strengthens India liability, claims teams with four senior hires
The broker has appointed Mayank Sharma as national head of liability, Sunny Goel as strategic business leader for liability and renewable energy, Jyoti Krishnan as chief legal officer and national head of liability and specialty claims, and Nadeem Mokashi as head of P&C claims.
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- March 10 2026
IRDAI clears Allianz Jio Re, Kiwi General to begin operations
The regulator granted certificates of registration to the two startups on Monday.
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- March 6 2026
Jio Financial pumps US$16m into Allianz Jio Reinsurance
Jio Financial’s total aggregate investment in the previously announced joint venture with Allianz now stands at US$16.3m.
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- March 5 2026
‘Accomplished leader’ Shambhavi Amin joins Raheja QBE as chief claims officer
She joins after 25 years at Reliance General Insurance.
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- March 5 2026
Markel appoints Ravi Jain as business development, distribution lead for India
He will report to Markel India managing director Deepika Mathur.
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- March 5 2026
‘Big expectations’ as Gift City branch gives Mapfre Re vehicle to drive India, APAC growth: Javier Sánchez Cea
Spanish reinsurer's office in India’s special economic zone in Gujarat is expected to become operational by the country's 1.4 renewals.
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- March 4 2026
Central Bank of India approved to raise stake in Generali JVs to 26%
Bank will raise its stake by 1.09% in Generali Central Insurance and by 0.82% in Generali Central Life Insurance after sign off from the Competition Commission of India.
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- March 4 2026
India eyes April shift to new financial reporting for insurers
Insurance Regulatory and Development Authority of India proposes parallel reporting using the current framework in the first year of implementation.
