India
Indian insurers starts fiscal year with premium hikes
Indian insurers starts fiscal year with premium hikes
Health and cyber saw massive premium increases this year.
Indian millennials: prudent but financially vulnerable —survey
Younger millennials have the lowest awareness about insurance.
LIC losing ground in India market share
Its competitors have projected double-digit growth from 2016 to 2020.
Generali acquires majority stake in India life venture
The firm now holds 68% of the total shares.
India central bank hints on possible delay of $8b LIC IPO
Several current events may have factored in on the delay.
India’s $8b IPO plans could go under review amidst Russian-Ukraine crisis
The IPO was scheduled to launch this March.
India approves 20% FDI for LIC $8b IPO—report
IPO is set to launch in March.
LIC prospective investors wary of govt’ meddling in the insurer
The insurer was frequently tapped to save struggling financial firms.
LIC embedded value soars to $72b in just six months
The jump in value was attributed to splitting of policyholders funds.
India state-run LIC files $8b IPO papers
India’s biggest life insurer plans to sell 5% of its shares.
HSBC targets expanding stake in Indian insurer
The firm plans to buy PNB’s shares in Canara HSBC.
Generali takes majority stake in Indian JVs
Generali is investing around $190.47m in two joint ventures.
Willis Towers Watson fully acquires Indian business
The insurance broker currently owns 49% of WTW India.
SBI General launches health insurance with Google Pay
This marks Google Pay’s first partnership with an Indian insurer.
IAPS pushes to insure unborn children for birth defects
At least one major Indian insurer has agreed to provide cover.
Lack of ‘political will’ won’t delay LIC IPO: Nirmala Sitharaman
India’s finance minister said they plan to finish the IPO by March.
Will India’s motor insurance decline remain in the rearview mirror?
The recent increase in new auto sales helps get the industry back to the growth path.
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1. 2025 salary hikes expected in Singapore's insurance sector 2. New India Assurance works to tighten underwriting, risk controls 3. NRIC numbers invalid for key insurance transactions 4. Non-life insurers told to upgrade tech to drive growth 5. Hong Kong’s insurance sector could see 3% to 4% salary hikes in 2025Resource Center
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