Country: South Asia Page 43 / 53
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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.
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- June 9 2017
Regulator opposes merger of Indian life firms
Irdai has disapproved the proposed merger of Max Life and HDFC Standard Life, based on the structure of the deal.
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- June 2 2017
Sri Lanka taps Renaissance Re for insurance trust fund
The fund provides disaster cover for disasters including droughts, floods and cyclones.
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- May 30 2017
Fairfax sells stake in Indian JV
The Canadian company has sold 12.18% of its stake in general insurance firm ICICI Lombard General Insurance.
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- May 30 2017
India’s general market posts 16% premium growth
Private sector general insurers have overtaken their state-owned peers in terms of premiums for the first time.
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- May 25 2017
Doubts on HDFC Life, Max Life merger unresolved
The proposed merger has not received any opinion from the country’s attorney general.
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- May 23 2017
DBS India inks two bancassurance deals
The new partnerships are with Tata AIA Life and Birla Sun Life, after its agreement with Aviva India Life.
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- May 16 2017
Axis Bank seeks additional bancassurance partner
India's third largest private-sector bank is planning to bring its total number of life insurance partners to three.
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- May 16 2017
Irdai approves Gen Re R3 licence in India
The R3 licence covers underwriting and risk management expertise locally rather than cross-border.
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- May 15 2017
SBI General Insurance posts first profit in seven years
The company attributed the rise in profits to improved risk selection and better expense-control measures.
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- May 9 2017
GIC Re names five banks for IPO
India's state-owned reinsurer has selected HSBC, Citi, Deutsche Bank, Kotak and Axis as bookrunners for its listing.
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- May 3 2017
Philippine life market growing at rapid pace
The sector is expected to register one of the fastest growth rates among emerging markets over the next nine years.
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- April 26 2017
Bangladesh insurers urged to partner with banks
Reaching out to villages and rural towns is key to expanding insurance coverage for the country's people.
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- April 21 2017
India’s life market grows 26%
LIC remained the top performer, generating total new premium of Rs1.243tn for the period.
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- April 18 2017
IRDAI to double capital requirements for brokers
India’s insurance regulator is pushing for a series of stringent measures for the domestic insurance broking industry.
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- April 12 2017
India’s general insurance sector to grow 32%
Crop insurance and motor sales are projected to fuel growth in the financial year 2016-17.
