Country: South Asia Page 2 / 67
-
- August 31 2026
Search called off for MV Ocean Winner as survivors tell of ‘unforgettable’ night
Only two Chinese nationals were rescued from the 24-member crew after the Panama-flagged bulk carrier, entered with West P&I Club, sank earlier this month.
-
- August 30 2026
International reinsurers to absorb most insured losses from Nepal flash floods: AM Best
Insured exposure is expected to be concentrated on commercial risks, primarily hydropower assets, infrastructure projects, and properties along the Nepal-China trade corridor.
-
- August 28 2026
Nepal flash floods insured losses could top US$1bn, spilling into reinsurance
Major international and regional reinsurers, including Hannover Re, GIC Re, Saudi Re, and Kenya Re, face material exposures via direct and retrocession programs.
-
- August 27 2026
Deadly flash flood on Nepal-China border leaves widespread destruction
More than 270 people have died, while over 1,000 are still missing following the event on Wednesday morning.
-
- August 26 2026
Takaful insurer Qatar Islamic Insurance Group handed Gift City branch approval
Nisamudheen Sadar Manzil, chief technical officer of insurance and reinsurance operations, is named the nominated contact person.
-
- August 20 2026
Niyam Group names Lovenish Kumar as director of operations
He previously worked at Axa XL for over 10 years, most recently as a reinsurance manager.
-
- August 20 2026
India’s competition commission clears General Atlantic to lift Acko stake
Digital general insurer is set to go public in the second half of 2026 or early 2027.
-
- August 19 2026
Axa XL promotes Vinod Kumar to cyber underwriter in India
Mumbai-based Kumar was previously an assistant cyber underwriter since May 2025.
-
- August 18 2026
Generali Central Insurance names Sandeep Rathi as head of underwriting
Mumbai-based Rathi joins from Kuwait Re, where he had been the regional underwriting manager for facultative since January.
-
- August 16 2026
Protec General Insurance appoints Subramanyam Brahmajosyula as head of underwriting, reinsurance
Appointment follows the M Pallonji-backed general insurer being granted a general insurance license at the end of July.
-
- August 13 2026
Lockton hires Shrungar Bhuva as VP for transaction liability in India
Bhuva has nearly seven years of experience advising institutional organisations, financial sponsors, sovereign wealth funds, and multinational organisations on complex public and private market transactions.
-
- August 11 2026
MS First Capital’s new Gift City branch commences reinsurance operations
CEO Vikas Shukla also confirms the appointment of S Venugopalan as the CFO of operations within India's special economic zone.
-
- August 10 2026
India’s sovereign-backed maritime pool sets sail, but major loss and accumulation risks await
War-risk premium rates have dropped 35-40% since the Bharat Maritime Insurance Pool launched in May, but industry sources caution pricing sustainability depends on how the pool handles major loss and accumulation events.
-
- August 6 2026
‘Beginning of a new era’ as Swiss Re CorSo pens Indian partnership with Bajaj General Insurance
Zurich-headquartered insurer also announces partnership with GNP Seguros in Mexico.
-
- August 6 2026
India’s EarthRe bags licence, becomes first incorporated Gift City reinsurer
Subsidiary of parametric insurtech InRisk Labz is a 'technology-first non-life reinsurer' focusing on nat cat, climate, property, crop, and specialty risks.
-
- August 2 2026
MS First Capital secures Gift City branch licence
Indian operations of the Singaporean-carrier will be led by head of reinsurance Vaidyanathan Ramachandran.
-
- August 1 2026
Bajaj Finserv to make India reinsurance foray
Financial services group has received board approval to pursue 'reinsurance business through a subsidiary of the company to be incorporated'.
-
- July 30 2026
Indian marine pool issues first P&I policy
Policy provides financial protection against third-party liabilities including crew and cargo liability, pollution liability, and wreck removal, with an indemnity limit of up to US$1.5bn through the combined capacity of the pool.
-
- July 30 2026
M Pallonji Group-backed ProTec handed Indian general insurance licence
- Insurers
- India
- Regulatory
- Insurance Regulatory and Development Authority of India
- ProTec General Insurance
Aditya Sharma, former chief distribution officer at Bajaj Allianz General Insurance, has been appointed CEO.
-
- July 29 2026
Indian regulator finally approves Patanjali, DS Group acquisition of Magma General Insurance
Transaction, valued at US$470m, was originally announced in March last year.
