Country: South Asia Page 50 / 53
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- November 6 2015
World Bank eyes insurance investment in Bangladesh
The bank is reportedly planning to strengthen the sector and enhance its capacity through investment.
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- October 30 2015
Indian insurers to spend US$2.16bn on IT in 2016
American research firm Gartner says Indian insurers are prioritising IT investments, digitalisation.
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- October 27 2015
Indian women’s insurance spend to hit US$35bn by 2030
The insurance industry has overlooked women as a key customer segment, despite growth potential.
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- October 19 2015
Bangladeshi scheme will train insurance practitioners
Professional insurance education is being offered through two private academic institutions.
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- October 14 2015
Nippon Life ups stake in India’s Reliance Capital
The US$184m stake is the biggest foreign direct investment in India's mutual fund industry.
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- October 14 2015
Aon reportedly pulling out of India’s broking market
Broker is set to pull out of its Indian joint venture amid "regulatory changes".
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- October 13 2015
AIA sells Sri Lanka general insurance unit
Local insurer Janashakthi will pay US$22.8m to buy the unit after raising funds from a rights offer.
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- October 9 2015
Bangladesh to establish employment injury insurance
Bangladeshi workers will soon have protection when they suffer injuries while at work.
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- October 6 2015
Bangladesh insurers warned on money laundering
IDRA says insurers need to do more to stop money laundering and terrorist financing.
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- October 1 2015
Japan’s Nippon Life mulls hiking stake in India
Japan's biggest life insurer by assets is planning to increase its stake in Reliance Life.
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- September 29 2015
New India Assurance plans global expansion
India's largest non-life insurer aims to grow in Asia, North America and the Middle East.
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- September 15 2015
New India Assurance renews Air India cover for US$9.5bn
The bid to insure Air India’s 126-aircraft fleet will earn a premium of US$22.5 million.
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- August 28 2015
Pakistan raises insurance capital requirements
Regulators have increased the minimum paid-up capital requirement for insurers by US$1.9million.
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- August 28 2015
India’s life sector forecast to hit up to US$400bn by 2020
MetLife has said that India's life insurance industry to grow between US$350-400bn by 2020.
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- August 26 2015
Unaffordable premiums drive low take-up in Bangladesh
A study shows that while insurance awareness is increasing, penetration remains stubbornly low.
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- August 24 2015
LIC to introduce India’s first unit-linked insurance plan
LIC has said that it plans to sell around 100,000 of the new policies within one month.
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- August 10 2015
Aviva mulls raising stake in Indian JV
British insurer Aviva has announced plans to raise its stake in its business in India from 26% to 49%.
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- August 6 2015
GIC Re, names K Sananth Kumar as acting GM
Industry veteran replaces Ashok Roy who retired at the end of July.
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- August 5 2015
Air India seeks bidders for US$9bn fleet insurance
Indian state flag carrier was faced with a 15% rise in premiums last year.
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- August 5 2015
Bangladesh to appoint auditor to check spending of life insurers
Majority of the country's life insurers were in breach of their respective spending limits last year.