India
Two US entities and Fintech Blue Solutions to launch India-based insurer
Two US entities and Fintech Blue Solutions to launch India-based insurer
It targets to sell life and retirement products to the Indian market.
India’s non-life premiums trip over bad crop insurance in August
The sector is seen to grow 13% to 15% in the medium term.
How InsurSaathi is fast-tracking onboarding of new agents in rural India
InsurSaathi comes with an in-built insurance training module, all done remotely.
India’s new business premium dips 18.5%
Its group single premium contraction offset individual premium growth.
Allianz Trade APAC promotes Imran Khan
His expertise ranges from trade credit insurance to the banking sector.
The majority of Indians are underinsured – Study
About three in 10 Indians believe that health insurance coverage starts on day one.
India imposes new tax exemption rule on policies amounting to more than INR500,00
This could negatively impact traditional insurance policies.
About nine in 10 elderly in India do not have health insurance plans
This is equivalent to 135 million elderly in India.
India’s insurance authority moves toward risk-based capital for dev’t agenda
A 'technical guidance' document has been issued to assist the insurance industry.
Indian life insurance industry to reach $170b in four years: Global Data
This will be bolstered by favourable regulatory policies and more.
Howden India appoints Amit Agarwal as CEO
Howden India said it desires to become a leading broker in one of the world's fastest-growing insurance markets by 2026.
Reliance General Insurance receives capital from parent company
This will be achieved through the issuance of equity shares on a private placement basis.
Chubb plans 49% stake in Kotak General Insurance
Kotak General Insurance was deemed a favoured candidate compared to Zurich Insurance Group.
Badhan Financial to purchase Aegon Life Insurance
This move will mark BFHL's entry into the life insurance sector in India.
Indian authorities urge insurers to mobilise resources due to floods
Recent floods are expected to drive property loss and infrastructure costs.
Non-life insurance premiums in India up 14.8% in June
The sector is expected to grow by 13% to 15%.
India's competition entity approves HDFC’s request to increase shareholding in HDFC Life, Ergo
HDFC increased its shareholding in the two entities to more than 50%.
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Industry experts push for the rapid progress of unified customer data as a starting point.
