Country: South Asia Page 3 / 65
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- May 29 2026
Howden India snaps up TS VijayaVenkateswaran as property and risk management EVP
He has over 24 years of experience in risk management, insurance practice, and claims handling across cargo, engineering, property, and liability lines
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- May 28 2026
Niyam Group appoints Ruchi Sheth as director for marine, energy
She has over two decades of experience in general insurance, and was most recently vice president for marine insurance at Tata AIG General Insurance.
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- May 26 2026
GIC Re’s FY26 underwriting loss narrows to US$224m, COR improves to 104.66%
Carrier’s net profit for the financial year rose by 30% to top US$1bn, with GWP up at US$4.6bn.
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- May 21 2026
Howden India taps Suresh Ram Matcha for senior property, marine role
Matcha has over two decades of experience in the Indian insurance industry.
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- May 19 2026
Liberty Mutual hikes stake in India unit to 74%
Move follows earlier increase in Liberty Mutual's stake from 49% to 55.4% in September.
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- May 19 2026
Opinion: No pain, no gain: who will be left once the Indian dust settles?
'Fierce competition' is driving price reductions across all major lines of business, with double-digit discounts available for property, D&O and cyber.
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- May 15 2026
Santam taps Hemant Gulati to lead Gift City buildout
Appointment comes after the South African insurer received regulatory approval to establish a presence in India’s special economic zone in February.
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- May 14 2026
Jio, Allianz incorporate 50:50 general insurance JV in India
Jio Financial Services will invest US$518,000 for a 50% stake in Jio Allianz General Insurance.
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- May 14 2026
Nepal drought triggers US$100,000 parametric payout to farmers
First-of-its-kind payout in Nepal, which was as designed by Global Parametrics, benefitted 405 people.
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- May 14 2026
India’s insurance premiums grew 9.86% to US$83.8bn by November: IRDAI
Non-life insurers, in particular, collected a gross direct premium of US$23bn, representing a year-on-year growth of 8.29%.
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- May 13 2026
India launches US$1.5bn maritime insurance pool, issues first war risk policies
GIC-administered Bharat Maritime Insurance Pool provides H&M, cargo, P&I, and war-risk cover for Indian-flagged or controlled vessels and voyages to or from India.
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- May 6 2026
Igloo charts next growth phase with international M&A, AI-native overhaul, category expansion
CEO Raunak Mehta tells InsuranceAsia News' Between the Lines podcast about the Southeast Asian insurtech's next phase of growth using a three‑pillar strategy.
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- May 5 2026
Lockton appoints new Malaysia, India heads
Broker appoints Nicholas Lee as CEO of Lockton Sime in Malaysia, while Jay Sharma steps into the role of India CEO.
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- April 28 2026
HDFC Ergo elevates Samir Shah to deputy managing director
Mumbai-based Shah has been with the carrier for nearly two decades, previously holding the position of executive director since June 2018.
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- April 28 2026
SBI General Insurance taps Shrish Ramchandra Mahuli as chief business officer
Mahuli joins the Indian carrier from Reliance General Insurance, where he was president and head of agency and broking for motor, health and SME.
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- April 27 2026
Kuwait Re launches Gift City operations
Branch establishes a permanent presence for the reinsurer in India, following over four decades of providing reinsurance solutions in the country.
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- April 27 2026
India’s Acko targets second-half IPO at up to US$2.5bn valuation: reports
Bengaluru-based general insurer, which is also backed by Munich Re Ventures, plans to raise about US$350m in an Indian stock exchange listing.
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- April 23 2026
Allianz, Jio sign binding deal for 50:50 India insurance JV
Jio Financial Services (JFSL) and Allianz are also working towards a separate binding agreement for life insurance business in India.
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- April 21 2026
Abu Dhabi National Insurance Company gets Gift City licence
Branch is expected to support the UAE-based carrier's long-term growth by diversifying revenue streams and enhancing service capabilities for clients across high-growth markets.
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- April 21 2026
Swiss Re taps Anna Ziswiler to lead P&C Re across Southeast Asia, India, Hong Kong, Taiwan, South Korea
Singapore-based Ziswiler will start in the role from May 1, reporting to P&C CEO Urs Baertschi.