India

Indian human rights group seeks mandatory insurance for truck drivers

They are seeking a cover of $18.9k for every truck driver, co-driver, and helper.
2 days ago

Indian human rights group seeks mandatory insurance for truck drivers

They are seeking a cover of $18.9k for every truck driver, co-driver, and helper.
2 days ago

India’s recently cancelled cricket match triggers $5.75m in insurance claims

The cancellation of the recent match triggered several claims.

India could soon allow customers to take out loans to buy insurance

The regulator is currently studying a proposal for premium financing.

India extends ‘Use and File’ system

This allows insurers to market products whilst waiting for regulator approval.

India general insurance industry doubles growth rate in 2022

From 5% in 2021, it is forecasted to grow by 10.2% by end 2022.

LIC net profits surges by 39.4% in full-year 2021

This is despite a fall of 18% in profits in the fourth quarter.

Howden gets regulator nod to acquire 100% of India business

India’s government allows 100% foreign ownership of insurance intermediaries.

India’s Digit Insurance eyes $500m IPO

It plans to file the necessary papers by September.

Paytm launches joint venture general insurance firm

This comes after its initial intent to purchase a non-life business fell through.

India life insurers received $2.17b in COVID-19 claims

Data revealed that death claims rose dramatically in 2021.

India health insurance premiums jumps 25% amidst pandemic

The hike was attributed to the second wave of COVID-19 infections.

Fishery experts recommends climate insurance for Indian fishermen

This could help mitigate risk following natural calamities.

Swiss Re launches second innovation hub in India

It is set to launch in Hyderabad in September

More Indians eager to buy insurance on the rise: survey

The survey aims to identify behavioural shifts in insurance buying trends.

LIC closes IPO with nearly three-fold oversubscription

The IPO of a 3.5% stake is now India’s biggest.