Country: South Asia Page 35 / 51
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- October 8 2018
India’s regulator reviews supervisory framework
The Insurance Regulatory and Development Authority of India is to move in line with other regulators.
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- October 8 2018
Reliance wins approval to enter India’s health market
The health insurer plans to commence operations in the fourth quarter of 2018.
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- October 5 2018
Markel opens India office
Markel International’s long-planned Mumbai office has opened.
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- October 4 2018
India set to allow 100% foreign investment for broking
The move will give the sector the needed boost to make it more competitive.
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- October 2 2018
GIC to retain first preference to offer reinsurance in India
New rules for the reinsurance market will not change the company's preferential position.
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- September 26 2018
BNP Paribas Cardif likely to cut stake in SBI Life
The sale is intended to comply with India's minimum public shareholding requirement.
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- September 14 2018
Indian life firms see big hike in premiums
New business was up by 6%, according to data released by the Insurance Regulatory Development Authority of India.
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- September 14 2018
Padalkar steps in as HDFC Standard Life CEO
Former CFO Vibha Padalkar will take up the new role for a term of three years.
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- September 10 2018
Monsoon rain damage in India tops US$4bn
The direct damage and business interruption costs of the heavy rains in Kerala are still being assessed.
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- September 6 2018
KKR, Temasek join bid for SBI General Insurance stake
The 4% stake sale is part of the pre-offer valuation exercise of the Indian insurer before its planned IPO.
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- September 5 2018
Manipal to buy 16% stake in Cigna TTK Health Insurance
The Indian group is looking to buy a stake in in the joint venture from TTK Group for an undisclosed amount.
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- August 31 2018
US, India insurance regulators ink cooperation deal
Officials in the two countries have agreed to work together on standards, training and regulation.
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- August 29 2018
State Bank of India to offload stake in SBI General Insurance
Bank wants to reduce ownership before an expected IPO.
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- August 17 2018
Modicare disappoints insurers
Insurers had hoped for a slice of the action, but they have been met with disappointment.
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- August 13 2018
State Bank of India selling stake in insurance JV
It has reportedly started the process of selling up to 4% of SBI General Insurance.
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- August 10 2018
DHFL, SVC Bank enter bancassurance deal
The partnership is in line with DHFL's strategy to grow its business on the back of simple, customer-centric solutions.
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- August 6 2018
Online insurance set for dramatic growth in India
The sector is expected to grow to US$8.7bn over the next five years, according to RenewBuy CEO.
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- August 3 2018
India’s cabinet approves IDBI-LIC stake deal
Life Insurance Corporation will buy a 51% controlling stake in the debt-laden IDBI Bank.
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- August 1 2018
PNB MetLife India considering IPO
The issue will involve a sale of shares by Punjab National Bank, MetLife and other institutional shareholders.
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- July 27 2018
Failing harvest for Indian agri insurers
Another good monsoon year is not helping to demonstrate the value of the country’s crop insurance scheme.
