Country: South Asia Page 38 / 50
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- December 22 2017
Three insurers in bidding to buy India’s Star Health
ICICI Lombard, HDFC Ergo and Bajaj Allianz have joined the race to buy India's biggest standalone health insurer.
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- December 19 2017
India to revise insurance fund rules
Irdai is looking to keep up with changes in the market and the economic landscape in the country.
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- December 15 2017
India’s life market expecting stronger growth
Low penetration and the rising share of financial assets in household savings is driving premiums.
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- December 13 2017
Life insurers’ new premiums up 6% in India
LIC still led the pack, but total new premium collected by all private insurers grew 32%.
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- December 7 2017
India allows PE funds to own insurance companies
Private equity funds can now own up to 10% of the paid-up equity of an insurer, says Irdai.
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- December 7 2017
LIC books 12% first half premium income growth
The results were driven by profits from the sale of equities during the period.
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- December 4 2017
Reliance General gets final clearance for IPO
The offering will account for 25% of the post issue paid-up capital of the insurer.
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- December 1 2017
PE funds will be allowed as promoters of Indian insurers
Irdai has approved a proposal to allow private equity funds to promote insurance companies through SPVs.
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- November 29 2017
Oriental Insurance announces listing plan
The company plans to list on several bourses in line with the government’s programme in 2018-19.
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- November 29 2017
Regulatory reforms and strong economy boost insurers in India
The rating agency forecasts the non-life insurance sector to maintain its double-digit growth over the next three-to-four years.
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- November 27 2017
Dozen bidders eye purchase of Star Health
Financial and strategic investors have joined the fray to buy the Chennai-based insurer from its private equity owners.
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- November 24 2017
SBI General Insurance to list in 18 to 24 months
The general insurance arm of India's largest lender is reportedly on track to hit the stock market in 18 to 24 months.
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- November 14 2017
PNB Metlife signs India bancassurance deal
The deal with Bank of Bahrain and Kuwait provides access to major metro areas such as Mumbai, Hyderabad, Aluva and New Delhi.
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- November 9 2017
Dozen firms in the running to acquire India’s Star Health
At least 12 companies have expressed interest in bidding for the country's largest standalone health insurance provider.
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- November 8 2017
Edelweiss Tokio Life in talks for bancassurance deals
The Indian-Japanese joint venture is in discussions about possible cooperation with several banks.
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- November 7 2017
Royal Sundaram aims to raise US$100m
The Indian general insurer is reportedly looking to raise equity capital of up to US$100m.
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- October 30 2017
India eyes 10-year lock-in for PE investors
The country's regulator has made it harder for private equity companies to exit at will from insurers.
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- October 27 2017
GIC Re debut fails to impress
India’s state-owned reinsurer got off to a mediocre start this week after its shares started trading in Mumbai and Delhi.
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- October 27 2017
India’s health segment to grow faster than motor
With just 10% of people taking up commercial health insurance, the sector has more room to grow.
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- October 23 2017
India’s National Insurance seeks IPO approval
The state-owned general insurance company is seeking approval for an offering that could value the insurer at US$3.84bn.
