Country: South Asia Page 21 / 54
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- September 19 2022
New India Assurance’s underwriting constrained by market challenges, pandemic
Affirming its B++ rating, the agency noted elevated concerns overpricing discipline and risk management given the Indian insurer's level of ongoing underwriting losses.
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- September 16 2022
RVS Monte Carlo: Indian stand-alone cyber on a growth spurt, says Guy Carpenter’s Cordonnier
Data protection legislation really driving growth around Asia for more comprehensive cover.
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- September 12 2022
Losses mount from nat cats in Korea, Pakistan, China and India
An earthquake, a typhoon and two serious flooding events are triggering a large volume of claims.
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- September 7 2022
Milliman appoints Ouling Lu as regional head for product propositions
The former Allianz exec will be in charge of South-East Asia, India and Hong Kong for life products.
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- September 6 2022
Sri Lanka Insurance’s underwriting profits to suffer from inflation: Fitch
The P&C insurer has limited ability to reprice policies due to the economic crisis in the country.
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- August 29 2022
‘Unprecedented’ Pakistan flooding triggers US$10bn damage
Large P&C carriers such as Adamjee Insurance and United Insurance could see significant claims.
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- August 19 2022
IRDAI sets out ambitious capital reform plan
Proposals to facilitate fundraising part of new chairman’s modernising agenda
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- August 17 2022
Go Digit’s IPO to offer partial exit to founders
Fairfax and Kamesh Goyal will sell a combined 109 million shares through the listing.
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- August 9 2022
Japan and India drive up Munich Re’s 1.4 renewals
H1 operating profits down 34% on Australian flood hit and poor investment returns.
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- August 3 2022
Urban floods in India, China and Bangladesh spurred H1 cat losses: Swiss Re
Floods in Australia were the costliest cat event in H1 2022 in terms of insured losses.
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- August 1 2022
MGA Rokstone eyes Asia cat market opportunity
The specialty player has regional capacity and wants to expand as pricing hardens and terms improve.
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- July 27 2022
J.B. Boda makes two leadership appointments in agriculture push
Neelam Kumar Gupta and B R Sharath have joined the broker in India.
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- July 25 2022
India sets ambitious P&C growth target
Regulator's new chairman wants to increase non-life premiums by over US$100bn in only five years.
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- July 14 2022
India to help spur global premium growth: Swiss Re
India is on course to be the sixth largest insurance market in the world by 2032.
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- June 29 2022
Acrisure Re signs India fac partnership with Mahindra Insurance Brokers
The deal will help Acrisure expand in India and Mahindra to access global markets.
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- June 23 2022
GIC Re to lead Indian pool for Russian imports: report
The reinsurer to take 40% with capacity alongside Indian insurers for fertiliser, oil and gas.
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- June 22 2022
India digital reinsurance upstart takes bold stance against incumbent
Competing with India’s national reinsurer GIC Re has proven tough for previous start-ups.
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- June 15 2022
Digit Insurance seeks to become India’s second domestic reinsurer
Any move to compete with GIC Re needs final approval by the regulator.
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- June 10 2022
Former Swiss Re director joins HDFC Ergo in underwriting role
Harini Kannan is leading the Indian JV insurer's casualty and specialty team.
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- June 1 2022
Howden India: “We will keep our ears and eyes open to M&A opportunities”
Acquisition of full ownership by foreign brokers heralds a coming wave of consolidation.
