Country: South Asia Page 49 / 54
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- June 24 2016
Indian life premiums up by more than a quarter
New premium collections increased by 26.6% to US$1.57 billion during May, led by state-run companies.
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- June 24 2016
Dai-ichi Life ups stake in Indian insurance venture
The Japanese company has paid US$80m to Bank of India to extend its stake in Star Union Dai-ichi Life to 44%.
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- June 21 2016
Max Financial and HDFC eye merger
The deal will potentially create the biggest private insurer in the country, overtaking ICICI Prudential.
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- June 10 2016
Can a supercomputer forecast India’s monsoon?
More data is certainly a good thing, but investment in flood defences and urban planning are also crucial to building resilience.
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- June 9 2016
Firms settle nearly 90% of earthquake claims in Nepal
Nepal's insurance regulator says that claims worth US$107m have been settled out of an estimated US$156m of total claims.
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- June 3 2016
Philippine insurance regulator named first Mefin head
Emmanuel Dooc will chair the newly created Mututal Exchange Forum on Inclusive Insurance in Asia.
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- June 1 2016
ICICI Prudential prepares Indian IPO
The joint venture has hired Bank of America Merrill Lynch and ICICI Securities for billion-dollar public listing.
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- May 20 2016
India to revise IPO guidelines for insurers
The regulator has been working on changes to the existing public offering norms and expects to announce them soon.
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- May 12 2016
Cross-border reinsurers win approval in India
Indian insurers are now allowed to make placements with a large number of reinsurers.
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- May 10 2016
Indian insurers lining up for IPOs
ICICI Prudential Life and HDFC Standard Life are expecting to raise a total of more than US$1 billion this financial year.
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- May 9 2016
Indian insurers soon to invest in bank hybrid bonds
A senior official at IRDA has hinted of a change to the country's investment rules.
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- May 6 2016
SBI Life’s IPO now planned for next financial year
Preparations will start by September and the formal announcement could be made by next March.
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- April 29 2016
Everest Bank, MetLife Nepal ink bancassurance deal
The deal represents a rare bancassurance tie-up in one of the poorest countries in Asia.
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- April 27 2016
Edelweiss Tokio Life names new chief actuary
Subhrajit Mukhopadhyay will be responsible for all actuarial processes and controls in India.
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- April 22 2016
India’s coming IPO wave?
HDFC Life is set to become the country’s first publicly listed life insurer, potentially heralding a wave of deals.
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- April 19 2016
Indian life companies warned on bancassurance
An industry group has warned life companies about relying too much on banks for selling insurance policies.
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- April 14 2016
Indian firms exploit rising demand for D&O cover
Panama Papers revelations are among factors fuelling growing demand for large D&O policies.
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- April 12 2016
India’s life industry forecast to grow at 15%
The industry's annual premium equivalent increased 6% year-on-year in the first nine months of fiscal 2016.
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- April 5 2016
ICICI sells Lombard stake to JV partner Fairfax
The Indian bank sold the 9% stake in its insurance subsidiary for US$234m or five times book value.
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- April 4 2016
Lloyd’s to apply for Indian reinsurance branch
Application for onshore branch follows IRDAI’s recent publication of the regulations governing the Lloyd’s market.
