Country: South Asia Page 21 / 50
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- October 12 2021
India may allow foreign investors to own 20% of LIC–report
Bloomberg report says government to discuss on Wednesday overseas participation in India's biggest IPO.
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- October 6 2021
Swiss Re weighs investment in Paytm Insurance: report
The digital payments firm is reportedly looking to formalise its insurance operations as it eyes an acquisition of Raheja QBE.
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- September 30 2021
India to list state-owned export credit insurer in 2022
New Delhi earmarks INR44bn cash injection over five years to increase ECGC's underwriting capacity.
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- September 27 2021
India should welcome Chinese investment in LIC
Rumoured plans to ban mainland investors from IPO risk turning the deal into a political hot potato.
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- September 21 2021
GIC Re’s underwriting losses remain the elephant in the room
The reinsurer has been overly reliant on investment returns to turn a profit.
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- September 16 2021
India seeks US$100bn plus valuation for LIC – report
The government is considering selling a 5-10% stake in the life insurance player.
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- September 15 2021
Hero Insurance Broking gains reinsurance licence — report
Hero Enterprise chairman Sunil Munjal says the broker wants to offer lines such as manufacturing and employee benefits.
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- September 10 2021
Indian authority issues guidance on cyber insurance
The IRDAI wants insurers to review their existing cyber products as attacks accelerate during the pandemic.
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- September 7 2021
HDFC Life agrees US$915m deal to buy Exide Life
The acquirer says the two firms have a “complementary geographical presence".
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- September 3 2021
Asia’s P&C reinsurers rise in global ranking
China Re has surpassed Lloyd’s in AM Best's reinsurer Top 50 list.
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- September 3 2021
Aon ups stake, takes over Indian broking JV
The global player returned to India in December 2020 by teaming up with Anviti Insurance Brokers.
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- August 30 2021
India’s second wave causes health premium surge
Bajaj Allianz booked a 480% increase — but claims are also sky-rocketing.
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- August 20 2021
GIC Re privatisation meets ‘war-like’ opposition
Poor financial results and a near-riot in India’s parliament do not bode well.
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- August 18 2021
Sri Lanka P&C profits doubled in 2020
Allianz was one of the biggest gainers on the island as Covid-19 subdued claims.
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- August 16 2021
Nepal’s Himalayan General and Sagarmatha to merge: report
If the deal goes ahead it could create the country's largest insurance firm.
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- August 13 2021
Sri Lanka’s state reinsurer saw premiums decline in 2020
NITF discontinued accepting a 30% facultative share from local insurers due to the non-availability of retrocession cover.
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- August 12 2021
Aviva to increase stake in India JV: report
The London-headquartered insurer will increase its stake from 49% to 74% when new FDI regulations permit.
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- August 12 2021
China’s record floods dominate July’s Asia claims
Aon reports says US$1.7bn of insured losses is highest nat cat payout for the Chinese insurance industry on record.
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- August 10 2021
Lloyd’s China eyes broker and product expansion
A new marine liability product is expected later this year.
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- August 10 2021
Digit Insurance fundraise driven by solvency requirements, chair says
Founder Kamesh Goyal tells IAN the insurtech saw a 63% increase in GWP in Q1 2021.
