Country: South Asia Page 26 / 58
-
- 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.
-
- 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.
-
- 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.
-
- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
-
- May 12 2022
Swiss Re to launch another innovation hub in India
The Hyderabad center complements the firm's existing India hub in Bangalore.
-
- 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.
-
- May 9 2022
Generali completes 25% purchase of Indian P&C JV
With this latest acquisition, Generali now holds a 74% stake in FGII.
-
- 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.
-
- 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.
-
- 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.
-
- April 25 2022
Fitch downgrades Sri Lanka Insurance as crisis bites
The country's financial crisis is slowing down premium growth.
-
- 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.
-
- April 21 2022
Digit Insurance appoints new CEO
Jasleen Kohli has been promoted from chief distribution officer.
-
- 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.
-
- April 12 2022
Vivek Nath to lead WTW India as acquisition completes
The broker now directly employs over 4,000 people in the country.
-
- April 7 2022
Allianz Re targets ambitious growth in Asia this year
The global reinsurer sees significant potential in China and India.
-
- March 15 2022
Markel targets US$100m GWP in Asia
Simon Wilson, president of the firm's international arm, has articulated future plans.
-
- March 15 2022
Gallagher rebrands in India, eyes Asia expansion
US broker is in "advanced discussions with potential acquisitions” in the region.
-
- March 9 2022
India privacy law to hit cyber, D&O policies
The need to comply with new rules will increase company exposure to data breaches.
-
- February 16 2022
Sri Lankan P&C claims spike 22%
Claims rebounded from a Covid slump in 2020 pushing underwriting profits down.
