India
InsuranceDekho clinches $150m in Series A funding round
InsuranceDekho clinches $150m in Series A funding round
It is considered the largest-ever Series A round by an Indian Insurtech company.
Why India will become the 6th biggest insurance market by 2032
Total insurance premiums is growing by 14% annually.
India non-life insurance premiums to grow nearly 15%
Health insurance to reach $12.22b in FY2024.
Aditya Birla Capital mulls sale of insurance brokerage arm
The insurance firm is seeking to restructure its financial services business.
Aditya Birla Capital, Nippon Life merger talks fail
The discussions broke down over disagreements on shareholding and governance rights.
IRDAI to push government to allow insurers to invest in unlisted companies
The move could unlock new funding avenues for startups in the country.
India life insurance first-year premiums bounces back at 15.3% in October
Premiums, however, fell compared to the month before.
India insurance regulator pushes easing of capital requirements
The regulator aims to let smaller players entry into the market.
India regulator forms health insurance consultative committee
Its purpose is to look into improving the health insurance segment.
IndiaFirst Life Insurance files for IPO
The public issue consists of a fresh issue of equity shares worth up to $60m
India insurance regulator proposes to allow private equity funds in insurance
Private equity funds may invest as a promoter or an investor.
India sets ambitious goal to be sixth largest insurance market globally
The industry is currently growing at a CAGR of 11%.
Aviva acquires majority stake in India life venture
This is the second local life insurance venture with 74% foreign ownership.
India’s general insurance industry growth rate sluggish in August
Private insurers outpacing public peers continues to be a growing trend.
Almost 7 in 10 in India say health insurance policies are too difficult to understand
60% of patients put off going to the doctor because of a lack of health cover.
Indian regulator proposes 20% ceiling for insurance agents’ commissions
The proposal will also require insurers to have a board-approved policy on commissions.
Digit Insurance files for IPO
The insurer plans to raise more than $160m
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