India FDI stake rise in pipeline
July 15 2019 by InsuranceAsia News-
Generali confirms JV with Central Bank of India
- June 30
The Indian state-owned bank will hold a 26% stake in the local insurance JV with the Italian insurer holding the rest.
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Indian government to reduce stake in GIC Re, New India Assurance: report
- June 26
Government will divest a 5% stake in New India Assurance Company and 3.5% stake in GIC Re in FY26 to ensure compliance with the minimum public shareholding norms.
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Warburg Pincus in talks to divest 10% stake in India’s SBI General: report
- June 24
Private equity firm is in discussions with other shareholders Premji Invest and State Bank of India for a deal that could value the general insurer at US$4.5bn.
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Zurich Kotak launches commercial insurance division
- June 23
The carrier will expand into commercial property, liability, marine, and engineering, covering a range of businesses from SMEs to large corporates.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The carrier proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.