Country: South Asia Page 26 / 50
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- August 4 2020
United India withdraws AM Best rating, secures US$144m
P&C player's underwriting losses are concerning, as India's government turns to IPO of life giant LIC.
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- August 3 2020
Asia’s “unprecedented” political risk year
The market remains well-capitalised, but changing global dynamics require a refocus.
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- July 31 2020
India’s Bharti Axa and ICICI Lombard may merge: report
Bharti, the Indian conglomerate, has been looking to offload its insurance arms for some time.
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- July 29 2020
Asia accounted for minority of Q2’s insurtech fundraising
But investment shouldn't be equated with development, says WTW.
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- July 24 2020
Asia racks up H1 US$31bn nat cat bill: Aon
Cyclone Amphan and China's ongoing floods top loss list but much of the damage isn't insured.
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- July 24 2020
People Round-up: BMS, Markel, SBI General
Markel's Wanshi Lin to become a hull and war underwriter in its marine division.
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- July 24 2020
US tech giants enter India’s digital insurance market
Amazon and WhatsApp move into an increasingly competitive digital insurance sector.
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- July 22 2020
Indian insurtech shoots for US$3.5bn IPO valuation
More activity in the emerging market's digital scene, as CEO Dahiya taps "global interest."
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- July 21 2020
AM Best downgrades New India
The ratings agency also noted a worsening outlook for India's P&C players.
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- July 14 2020
India scraps public-sector merger
Government cites “current scenario” as it opts for US$1.3bn capital infusion.
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- July 13 2020
India to launch pandemic risk pool
The government also restarted talks to set-up a nat cat risk pool in June.
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- July 9 2020
India’s insurers may power state start-up funds
National insurers (such as GIC and LIC) are seen as large reservoirs of untapped capital.
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- July 8 2020
QBE exits India as Paytm’s founder taps market
Vijay Shekha Sharma's purchase of QBE Raheja has seen another Australian insurer depart.
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- July 7 2020
GIC Re’s downgrade adds to Srivastava’s challenges
Underwriting losses and Covid-19 market volatility are undermining a return to profitability.
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- July 7 2020
India’s Paytm to acquire Raheja QBE in “all-cash deal”
India's payments giant makes a serious move into insurance.
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- July 6 2020
Digital player bolttech’s rapid-fire Asia expansion
FWD's sister firm, led by Rob Schimek, looks poised to follow a similar growth path.
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- June 26 2020
Investors seize opportunities in India’s life market
Foreign buyers snap up bargains as promoters sell US$860m of stocks.
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- June 24 2020
Singapore takes stake in India’s ICICI Pru Life
The deal for the life JV is worth around US$111m.
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- June 23 2020
India’s life players see highest monthly premium growth
It is very welcome news considering the overall environment.
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- June 18 2020
Swiss Re, Tata AIG partner in India for catastrophe scheme
The state-led parametric programme covers the current monsoon season.
