Country: South Asia Page 40 / 50
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- August 8 2017
Indian regulator surveys insurers on telematics
Irdai is seeking a better understanding of how product design and pricing should work for mass adoption of telematics.
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- August 7 2017
Star Health Insurance plans US$470m stake sale
The Indian insurer has reportedly appointed an investment bank for primary and secondary stake sales.
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- August 2 2017
HDFC Standard, Max Life call off proposed merger
Failing to secure regulatory approval in India, the two companies have cancelled their merger plans.
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- August 1 2017
Sahara Life to take regulator’s order to court
The Indian group is resisting the regulator's order to transfer its life business to ICICI Prudential.
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- July 31 2017
Indian insurers post 35% premium growth
Impressive results were driven by the strong performance of health, motor and fire insurance.
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- July 31 2017
ICICI Pru in final stages of Sahara India Life takeover
The two companies are in the final rounds of discussions, with completion expected soon.
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- July 28 2017
Promise over profits in India
Less than a year after new rules to nurture domestic reinsurance capability, ITI Re is set to quit the business.
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- July 28 2017
Two state-owned insurers set to apply for IPO in India
GIC and New India Assurance are expected to tender their applications for initial public offerings within three weeks.
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- July 27 2017
IDBI Federal Life Insurance eyes 100% stake sale
The sale could provide an exit for joint venture partners IDBI Bank, Federal Bank and Ageas.
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- July 27 2017
Axa aims to join India’s top 10 insurers
The French insurer will focus on growing its agency sales force and closing new bancassurance deals.
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- July 24 2017
Global Insurance buys out Aon in India JV
The deal for the 26% stake immediately changes the JV's brand name to Global Insurance Brokers.
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- July 18 2017
Indian insurers bullish on continued growth momentum
The country's general insurance industry says that 20% annual growth will be sustainable in the coming years.
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- July 17 2017
India’s HDFC Life shareholders push IPO plans
Standard Life is reportedly keen to move forward with the listing after the merger with Max Group's is likely to be called off.
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- July 14 2017
Irdai enforces more transparency over policy exclusions
Regulations released this week also require every insurer to display service parameters and turnaround times.
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- July 12 2017
SBI Life’s IPO plan gets final board approval
The insurance unit of State Bank of India is aiming to raise US$1.1bn, becoming the second insurer to go public.
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- July 7 2017
Premium growth defies weak economies
Advanced economies were the main drag on global premiums, but growth in many emerging markets slowed also.
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- June 22 2017
India’s general insurers post 16% gross premium growth
Solid gross direct premium growth was buoyed by increased premiums in health, motor and fire insurance.
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- June 21 2017
Indian regulator promotes investment in Reits, InvITs
Rules have been relaxed for investment in real estate investment trusts and infrastructure investment trusts.
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- June 20 2017
Tokio Marine raises stake in Indian unit
The Japanese insurer now holds 49% in the unit after buying an additional 23% stake for US$392m.
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- June 12 2017
Plan to merge three Indian insurers scrapped
Oriental Insurance, National Insurance and United India Insurance have been asked to come up with a new plan.
