Country: South Asia Page 26 / 57
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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.
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- March 15 2022
Gallagher rebrands in India, eyes Asia expansion
US broker is in "advanced discussions with potential acquisitions” in the region.
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- 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.
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- February 16 2022
Sri Lankan P&C claims spike 22%
Claims rebounded from a Covid slump in 2020 pushing underwriting profits down.
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- February 14 2022
Charles Taylor gains Indian foothold with Skaad partnership
The London-headquartered adjuster has been expanding its APAC presence to keep up with rivals.
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- February 8 2022
Indian surety bond market success hinges on innovation
Market players need to work out how to deal with lack of credit assessment tools.
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- February 4 2022
LIC IPO could fetch US$8.84bn
The government has revised its divestment target for this fiscal year, hinting at LIC's expected IPO size.
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- January 27 2022
Generali to take majority control of India JVs
Italian giant set to own 74% of Future Generali India and up to 71% of Future Generali Life.
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- January 27 2022
India seeks cat bond framework
(Re)insurers looking to capitalise will likely need to be based in the Gift financial hub.
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- 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.
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- 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.
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- January 21 2022
GIC Re faces US$270m cession loss
1% cession cut hands advantage to foreign players.
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- 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.
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- 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.
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- 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.
