India
Central Bank of India, TATA AIG to offer insurance for MSME payments
Central Bank of India, TATA AIG to offer insurance for MSME payments
This partnership was forged on the eve of the 144th birth anniversary of the bank’s founder.
Edme merges with UIB India to expand wholesale and reinsurance reach
It will focus on tech investment, sector-specific offerings, and underserved markets.
Tata AIA launches Shubh Shakti for women with life cover
The launch follows rising female workforce participation in India.
India expands parametric insurance in climate-hit sectors
India’s parametric market is growing at a faster pace of 11.3% annually through 2028.
SBI Life, AU Small Finance Bank partner to expand insurance in rural India
AU SFB will offer SBI Life’s range of protection, savings, retirement, and investment policies.
Aon names Sushant Sarin head of strategy and risk in India
Sarin brings over 30 years of experience in the insurance industry.
Generali Central rebrands insurance venture with digital focus
The move aims to expand insurance access across India.
Willis appoints Azad Kumar as growth lead for India sectors
He will be based in Mumbai.
Foreigners drive 150% surge in health insurance uptake in India
The growth is strongest amongst women and non-residents.
India’s life insurance market to reach $170b by 2029
It also seen to record $121b gross written premiums this year.
Indian life insurer collaborates with ministry on Bima Sakhi for women agents
Bima Sakhi agents receive the same benefits and privileges as regular LIC agents.
Shriram General reports 9% profit growth in Q1 FY 2026
The company issued 15.41 lakh policies in the quarter.
Canara HSBC launches SecureInvest with high life cover
Policyholders also benefit from Loyalty Additions starting from year 10.
Bharti AXA backs IRDAI plan for internal ombudsman system
The proposed mechanism will apply to all insurers with over 3 years of operations.
Prudential’s Hong Kong insurance business still key despite India buzz
India contributed only 3% of fiscal year 2024.
Allianz forms reinsurance joint venture with Jio Financial Services Limited in India
The new entity will leverage Allianz’s existing operations in India.
Kotak Life launches term plan for emerging affluent Indians
The new offering expands Kotak Life’s range of term insurance products.
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AI isn’t replacing insurance, it’s finally making it work