Country: South Asia Page 22 / 54
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- May 30 2022
WTW boosts corporate risk and broking team in India
Rajiv Kumar is named head of business and operations whilst Prabha Chokhani becomes head of broking and placements.
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- May 30 2022
India hikes third party motor liability premiums
This is the first such rise in two years and will feed into the overall cost of insuring vehicles
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- May 27 2022
Howden gains approval to take control of India unit
By upping its Indian stake, Howden follows in the footsteps of other global brokers such as Aon, Gallagher and WTW.
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- May 26 2022
India’s Digit Insurance seeks US$500m IPO: report
The company plans to file its prospectus to the market regulator by September.
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- May 20 2022
Swiss Re still open to Paytm partnership
A potential tie-up remains possible despite the collapse of Paytm’s Raheja QBE acquisition.
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- May 17 2022
Raheja QBE and Paytm M&A deal ‘terminated’
The deal to acquire 100% of the company was first signed in the summer of 2020.
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- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
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- May 12 2022
Swiss Re to launch another innovation hub in India
The Hyderabad center complements the firm's existing India hub in Bangalore.
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- May 11 2022
Japan, India lifts Munich Re 1.4 renewals after Aussie flood losses
The German reinsurer lost US$465m from the floods in Q1.
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- May 9 2022
Generali completes 25% purchase of Indian P&C JV
With this latest acquisition, Generali now holds a 74% stake in FGII.
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- May 4 2022
Indian state-owned insurers seek restructuring in bid for market share
Public sector insurance giants have been losing ground to more efficient players.
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- May 2 2022
Strong headwinds for India’s non-life sector: AM Best
Rating agency maintains negative outlook but says there is significant long-term growth potential.
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- April 26 2022
Dangers rise for reinsurers in Sri Lanka: Fitch
Changes to renewals could add to costs and undermine insurers' ability to write new business.
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- April 25 2022
Fitch downgrades Sri Lanka Insurance as crisis bites
The country's financial crisis is slowing down premium growth.
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- April 22 2022
SBI General Insurance records full year 11% GWP growth
The Indian P&C player made progress in its digital offering and signed several key partnerships.
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- April 21 2022
Digit Insurance appoints new CEO
Jasleen Kohli has been promoted from chief distribution officer.
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- April 13 2022
KKR acquires 9.99% stake in India’s Shriram
The deal for the stake in the P&C player was worth around US$237m.
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- April 12 2022
Vivek Nath to lead WTW India as acquisition completes
The broker now directly employs over 4,000 people in the country.
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- April 7 2022
Allianz Re targets ambitious growth in Asia this year
The global reinsurer sees significant potential in China and India.
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- March 15 2022
Markel targets US$100m GWP in Asia
Simon Wilson, president of the firm's international arm, has articulated future plans.
