Country: South Asia Page 37 / 50
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- March 2 2018
India’s Videocon to divest insurance unit
The company is selling its stake in Liberty Videocon General Insurance to Diamond Dealtrade and Enam Securities.
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- March 1 2018
Bangladesh to go after excessive insurance commissioning
The country's insurance regulator has vowed to intensify a campaign to crack down on the practice.
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- February 28 2018
Paytm seeks insurance licence
The online payments company is set to file an application to operate as a life and general insurer.
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- February 23 2018
Indian insurers enjoy big sales hike
Premiums surged 14% year-on-year to US$64b, according to the latest data from Irdai.
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- February 21 2018
HDFC seeks to acquire Apollo Munich
India’s biggest mortgage firm has entered into the talks as part of a new push for growth through acquisitions.
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- February 15 2018
IAG sees ‘limited’ Asia opportunities
The Australian group is conducting a strategic review of its US$630m investment in the region.
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- February 13 2018
India market to reach US$280bn by 2020
Vice-president Venkaiah Naidu cited the country's rosy economic prospects as a driver for the insurance industry.
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- February 12 2018
China, India priority markets for UK insurers after Brexit
The Association of British Insurers has said the two nations will be key targets after departure from the EU in 2019.
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- February 5 2018
Allianz to acquire Sri Lanka’s Janashakthi Insurance
The German insurer will have a market share of approximately 20% after the US$107m acquisition.
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- February 5 2018
India unveils three-way merger of state-owned insurers
National Insurance, United India Insurance and Oriental Insurance are set to merge to form a single entity.
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- February 2 2018
Indian life companies push for separate limit on tax exemption
The sector is looking at introducing various supportive measures in the upcoming state budget.
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- January 29 2018
SoftBank eyes backing Indian insurance startup
PolicyBazaar, an online insurance aggregator, was valued at US$500m during its last funding round.
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- January 26 2018
Indian regulator to issue new broker rules
The Insurance Regulatory and Development Authority of India is expected to issue the new regulations soon.
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- January 16 2018
Ergo, Manulife in talks to buy stake in IndiaFirst Life
The potential buyers are eyeing the stake owned by the UK’s Legal & General Group, which is up for sale.
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- January 15 2018
IBM awaits Indian regulatory approval on insurance blockchain
The company is hoping to win regulatory approval to deploy the technology for general insurers in India.
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- January 11 2018
Axis Bank seeks to acquire insurance firm
The third-largest private-sector bank in India is exploring opportunities in the fast-growing life sector.
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- January 9 2018
Edelweiss wins India non-life licence
The group is set to become the country's 33rd non-life company after Irdai approval secured.
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- January 8 2018
Indian insurers launch financial services blockchain
It is hoped the project will rein in costs for companies running medical tests and evaluations.
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- January 5 2018
India’s cyber insurance demand up 50%
Companies have started to take action over the effects of cyber attacks and data breaches.
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- January 4 2018
Amazon to invest in Indian insurance startup
Mumbai-based online insurance startup Acko is in talks to secure funding from the global e-commerce player.
