Country: South Asia Page 41 / 53
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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.
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- October 20 2017
Indian insurers told to run cyber security audits
The regulator has asked for immediate security audits after reports of cyber attacks targeting financial institutions.
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- October 18 2017
XL Group to buy 20% of Mahindra Insurance Brokers
The stake in the insurance broker, which caters to rural and semi-urban India, is reported to carry a price tag of US$40m.
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- October 17 2017
India’s RenewBuy raises fresh funds from Amicus Capital
The second round of funding has brought in US$9.26m for the Indian online insurance aggregator.
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- October 12 2017
India’s non-life premiums up 13.6%
The gross premiums rose to US$2.68bn in September this year, according to data from Irdai.
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- October 5 2017
No IPO plans for Tata AIA Life
AIA’s chief executive officer and president Ng Keng Hooi revealed there was no need to raise fresh funds.
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- October 5 2017
India’s GIC sets IPO for 11 October
IPO set to be be the biggest listing in India in seven years.
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- October 3 2017
SBI Life debut on stock market
India's largest private life insurer is set to make its stock market debut, with experts saying it will open strongly.
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- September 29 2017
Relying on India
Reliance Capital is launching a standalone health insurance company to capitalise on the country’s growth.
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- September 29 2017
Gen Re eyes further expansion in India
The Berkshire Hathaway unit plans to corner a larger share of the country's fast-growing reinsurance market.
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- September 26 2017
India approves two digital insurers
Acko and Digit Insurance are relying on their technology platforms to differentiate from traditional insurers.
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- September 18 2017
India’s life insurers record 23% growth in first-year premium
The state-run Life Insurance Corporation remained the leader among the country’s life insurers.
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- September 14 2017
Indian general insurance premiums up 32%
Private insurers ICICI Lombard General Insurance and Bajaj Allianz General Insurance led the growth.
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- August 30 2017
Fairfax buys stake in rival of Indian partner
ICICI Lombard has agreed to allow the Canadian company to buy a 49% stake in nonlife startup Digit.
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- August 29 2017
Indian insurers bank on blockchain
Some 13 Indian insurance firms plan to use the technology to create a storehouse of policyholder data.
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- August 22 2017
Insurers to spur IPO bonanza in India
Total fundraising from first-time share sales could balloon to Rs500bn (US$7.8bn) this year.
