Country: South Asia Page 2 / 66
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- 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.
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- 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'.
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- 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.
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- 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.
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- 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.
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- July 27 2026
Bain Capital in talks to acquire minority stake in India’s IndusInd General Insurance: report
General insurer, which was formerly known as Reliance General Insurance, could be valued at US$1.67bn, according to a local media report.
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- July 27 2026
BNP Paribas Cardif to acquire Warburg Pincus’ 26% stake of IndiaFirst Life
Upon completion of the deal, Bank of Baroda will hold 65%, BNP Paribas Cardif 26%, and Union Bank of India 9%.
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- July 24 2026
Berkley Insurance Asia names Shivi Bhutani as liability lines underwriter in Gift City
Before joining Berkley, she worked as a liability underwriter at ICICI Lombard.
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- July 23 2026
Blackstone teams up with ex-HDFC Ergo CEO Anuj Tyagi for India general insurance venture
Blackstone will own 90% of Nxsure General Insurance, while Tyagi will hold a 10% stake, according to local media.
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- July 22 2026
Niyam Group names Prathemesh Apte as director of risk and compliance
He joins the India-focused reinsurance start-up from Bajaj General Insurance.
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- July 22 2026
Mapfre Re India appoints Supreeth TK as non-life treaty underwriter at Gift City
He was most recently assistant vice president, focusing on cat and non-cat treaty at Swiss Re.
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- July 17 2026
Allianz Jio Re wrote US$27.6m GWP in its first full quarter
JV between Allianz and India's Jio Financial Services was launched in March ahead of the 1.4 treaty renewals.
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- July 16 2026
PartnerRe appoints Ankur Gupta as India CEO
Mumbai-based Gupta joins from Munich Re, having last held the position of head of client management for India since July 2019.
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- July 15 2026
Zurich denies report of full takeover of Indian general insurance JV
Zurich spokesperson tells InsuranceAsia News that 'we are committed to our successful partnership with Kotak Mahindra Bank'.
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- July 13 2026
Markel strengthens Asia claims team with India appointment
Insurer appoints Sarika Sagar Gadekar as a claims adjuster, with a focus on marine claims, and will be based in Mumbai.
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- July 10 2026
Echo Re taps Ankur Sharma to lead Gift City business
He joins Echo Re after nearly 10 years at Swiss Re, where he was most recently vice president.
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- July 9 2026
Aon India hires Taranjeet Walia as senior client director for commercial risk solutions, growth
Mumbai-based Walia will advise large companies and financial institutions on integrated risk, capital and strategic solutions.
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- July 8 2026
Gift City’s new MGA regime a ‘build-or-broker’ moment for Indian insurance
Regulatory framework for India’s special economic zone can foster growth and innovation within India's specialty insurance market, brokers tell InsuranceAsia News.
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- July 6 2026
Niyam Group taps Ritesh Shah to drive India engineering, construction buildout
He joins after a long stint at Swiss Re in India.
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- July 2 2026
QBE takes full control of Indian JV after regulatory approval, set to rebrand
Australian carrier buys Prism Johnson's 51% stake in Raheja QBE General Insurance for US$35.5m.
