Country: South Asia Page 42 / 64
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- January 24 2020
Bad debts mount at India’s largest life player: report
The Life Insurance Corporation has been lending billions of dollars to some high profile defaulters.
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- January 22 2020
India’s Digit valued at US$800m after latest PE round
Insurtech market gains traction as Fairfax-backed firm raises another US$84m.
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- January 20 2020
India’s National Insurance to discuss three-company merger
Three struggling state-owned P&C players are expected to merge soon.
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- January 16 2020
India approves 33 insurtech proposals under sandbox scheme
The country's regulator received over 170 proposals.
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- January 15 2020
India’s regulator disciplines brokers in US$42m fraud: report
Tata AIG reportedly forced to exit an Indian crop scheme after heavy losses.
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- January 10 2020
Markel appoints India chief underwriting officer
Anirudh Singh has joined from Raheja QBE.
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- January 9 2020
US’ Ebix granted Irdai broking approval
In a JV with the Bombay Stock Exchange, the software firm can become a direct Indian broker.
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- January 3 2020
What regulations to expect in 2020
The new year will undoubtedly bring plenty of surprises and some certainties.
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- December 23 2019
The year in review: 12 market highlights
InsuranceAsia News reflects on some key moments in a busy year across the region.
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- December 20 2019
Not-so-incredible India
P&C players are struggling to grow profits amid rising claims and costs.
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- December 19 2019
90% profit drop for India’s general market
After-tax profits fell to US$96m, compared to US$972m in 2018.
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- December 11 2019
PE players target India’s insurtech Digit
New fundraising could raise Digit’s valuation to around US$800m to US$900m.
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- December 2 2019
Acko raises US$16m as Indian insurtech boom accelerates
The funds follow a March injection of US$65m and is one of many recent deals.
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- November 20 2019
SBI Life’s shares drop after Carlyle stake sale
The private equity group has sold a 3.1% stake.
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- November 13 2019
Tracking Asia’s pricing momentum
The property market is finally showing some consistency.
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- November 13 2019
GIC Re hit with Q2 loss
The Indian giant suffered from severe weather but is still optimistic for the full year.
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- November 11 2019
Tencent takes 10% stake in India’s Policybazaar: report
The 11-year old aggregator is a market leader and worth over US$1bn.
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- November 11 2019
Millions evacuated as Cyclone Bulbul makes impact
The storm has killed 13 people and is likely to wreak further damage in India and Bangladesh.
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- November 7 2019
MSI and Max Financial Services terminate share swap
The proposed deal would have seen the Japanese carrier take a 21.5% stake in Max Life's parent.
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- November 1 2019
KKR sells shares in SBI Life worth US$75m
This marks the third time in 2019 the private equity firm has sold shares in the Indian insurer.
