Country: South Asia Page 22 / 53
-
- January 27 2022
India seeks cat bond framework
(Re)insurers looking to capitalise will likely need to be based in the Gift financial hub.
-
- January 26 2022
Indian non-life insurers grew 12.2% in 2021
Health insurance made up 33% of the non-life market last year, surpassing motor for the first time.
-
- January 25 2022
Sri Lanka Insurance sees GI book grow 5.4% in 2021
The insurer's overall premiums hit US$213.2m, an increase of 9.7% over 2020.
-
- January 21 2022
GIC Re faces US$270m cession loss
1% cession cut hands advantage to foreign players.
-
- January 19 2022
India reduces reinsurance cession requirement to 4%
The new IRDAI rules are for the sum insured on general insurance and kick in from April 1.
-
- January 17 2022
India’s Digit Insurance narrows full year losses: report
The digital player recorded strong revenue growth for the FY 2021 financial year.
-
- January 13 2022
India pressed for pandemic risk pool
The regulator has been working on the project with a private and public partnership the most likely outcome.
-
- January 12 2022
India to launch LIC IPO prospectus within weeks: report
The government is also understood to be finalising steps to allow foreign investors up to a 20% stake.
-
- January 4 2022
India’s regulator issues guidelines on surety insurance
IRDAI's new rules include a 10% cap on GWP and come into force on April 1, 2022.
-
- January 3 2022
Sri Lanka’s HNB General Insurance picks new CEO: report
Sithumina Jayasundara was previously the COO and is president of the Sri Lanka Insurance Institute.
-
- January 3 2022
Tokio Marine appoints Asia CEO
Masahito Hirai has switched from the firm's Malaysia operations to be based in Singapore.
-
- December 31 2021
India identifies ‘systemically important’ insurers for 2022
GIC, LIC and New India have been deemed "too big or too important to fail' by the regulator.
-
- December 23 2021
Marsh takes majority control of India JV
The broker has increased its stake from 49% to 92% following similar moves by Aon, Gallagher and WTW.
-
- December 10 2021
Generali eyes increasing India JV stakes: report
The Future Group has been looking to divest its stakes in the P&C and life JVs for around 18 months.
-
- December 7 2021
India’s Reliance grows despite parent’s insolvency
This year’s 19% increase in premiums compares to an average of 13% for India's general insurance sector.
-
- December 2 2021
GIC Re takes premium hit amid ‘bottom-line’ focus
The reinsurer tells IAN classes with higher claims are being avoided as health and marine business drops.
-
- November 25 2021
India’s Star Health eyes US$7bn IPO—report
Reuters report says the insurer is expected to list on the Mumbai stock exchange in December.
-
- November 25 2021
Sri Lanka’s P&C players face motor fee burden
Fitch report says a government charge on vehicles involved in traffic accidents may have to be reimbursed by insurers.
-
- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
-
- November 11 2021
India attracts global broking giants
Aon, Gallagher and WTW are securing full control of their JVs in a fast growing market.
