Country: South Asia Page 44 / 50
-
- October 20 2016
Foreign reinsurers likely to get R2 approval in India this month
An R2 or second-phase approval looks imminent for foreign reinsurance firms seeking a branch licence in India.
-
- October 18 2016
India stalls mandatory listing for insurers
The insurance regulator's proposal has been put on hold after reported intervention by the finance ministry.
-
- October 10 2016
SBI to sell stake in SBI Life
Bank looking to sell as much as 5% of its 74% stake in SBI Life Insurance to private equity funds.
-
- October 3 2016
Demand for political risk cover grows in India
The growing demand is a response to threats from Islamic State and similar extreme groups.
-
- September 30 2016
ICICI Prudential launches India’s first insurance IPO
Selling shareholder ICICI Bank raised US$911m from the country's biggest initial public offering in six years.
-
- September 28 2016
Bank of India sells 18% stake in insurance JV
The stake in Star Union Dai-ichi Life Insurance has been bought by its Japanese partner Dai-ichi Life Insurance.
-
- September 27 2016
India plans public listing of state insurers
New India Assurance and GIC, which together have assets of more than US$20bn, are set to IPO first.
-
- September 22 2016
India’s BSE to venture into insurance business
Bombay's stock exchange is set to float two insurance-related arms under its fully-owned subsidiary BSE Investments.
-
- September 20 2016
Indian insurer’s ‘foreign’ executive told to step down
Universal Sompo General Insurance has acted to comply with FDI rules calling for local management control.
-
- September 13 2016
Indian insurers unprepared for mandatory listing
The country's insurers are worried about a mandatory listing proposal introduced by the regulator.
-
- September 7 2016
Investors bet on private health insurance
The countries expected to draw substantial investment in private healthcare are China, India, Brazil and Mexico.
-
- August 30 2016
Indian life insurers keep up high growth rates
New premiums were buoyed by better distribution channels, low rates and better expectations from unit-linked products.
-
- August 22 2016
India pushes outsourcing norms for insurers
Activities such as medical examination, claims investigation and recovery may be outsourced under the new proposal.
-
- August 19 2016
Indian life insurers post double-digit growth
Industry officials credited the surge to huge participation in unit-linked insurance plans.
-
- August 15 2016
India pushes for insurers’ mandatory listing
Insurers that have been in business for eight years may have to list publicly under new plans.
-
- August 12 2016
HDFC and Max pave the way for Indian consolidation
HDFC Standard Life and Max Life are going ahead with a merger that will create India’s biggest private-sector insurer.
-
- August 10 2016
HDFC Life and Max Life agree merger terms
The terms of the three-step merger have been announced after the boards of all four firms approved the terms.
-
- July 29 2016
India’s general insurance sector posts 20% growth
The country's private insurers continue to post better performance than their counterparts in the public sector.
-
- July 27 2016
GIC Re aims for global recognition
Chairman Alice Vaidyan said that GIC will be among the top 10 ranked global reinsurers by 2020.
-
- July 25 2016
Prudential, Taiyo pull out from Bangladesh entry
The two insurers are reportedly withdrawing their plans to expand in the saturated but underdeveloped market.
