Country: South Asia Page 47 / 58
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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.
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- August 21 2017
Centrum Group gets broking licence in India
The firm controlled by former Standard Chartered Asia chief Jaspal Bindra is expanding its insurance operation.
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- August 18 2017
Cigna raises stake in India JV
An application with the regulator will increase its stake in the joint venture with TTK to 49% from 26%.
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- August 15 2017
Reliance General Insurance to sell 10% stake through IPO
The Reliance Capital unit is the fourth general insurer in India to have announced its intention to list.
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- August 14 2017
Premiums of India’s non-life insurers up 9%
The total surged to Rs97.91 billion (US$1.52 billion) in July, according to data from the insurance regulator released recently.
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- August 9 2017
Irdai cautions startups backed by PE firms
The regulator has warned that private equity firms need to show proof that they will provide long-term support.
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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.
