India
India eyes turnaround plan for public insurers
India eyes turnaround plan for public insurers
The upcoming Ind AS 117 is expected to recalibrate solvency ratios.
Allianz Commercial India appoints new head of cyber security
She has more than a decade's worth of experience.
ECGC’s risk-adjusted capitalistation at strongest level in medium-term
As a monoline credit insurer, it insures about 40% of total export credit by banks.
Indians regret delaying term insurance start
Only 11% review their coverage annually.
Sunshine Capital dives into insurance broking
This move aims to capitalise on the anticipated growth in India's insurance sector.
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
India approves health coverage for seniors aged 70 and above under AB PM-JAY
Eligible citizens will receive $6k (₹5 lakh) free health insurance coverage per year.
India gov’t to sell 6.8% stake in General Insurance Corp
The stake will be sold at a floor price of INR395 per share.
IRDAI sets 30-day free-look period for policies
Insurers are required to provide a tool on their websites for verifying authorised distribution channels.
Tata AIA Life opens offshore branch at GIFT City
The products offered target non-resident Indians (NRIs).
Allianz Partners India joins Pulse Energy for real-time EV charger access
An EV trip planner will map routes with available chargers.
IRDAI aims for accessible insurance by 2047
Innovations in the insurtech sector were discussed to meet insurance goals.
What will drive India’s general insurance sector this year?
The industry is slated to grow by 11.2% this year.
India’s insurance and pension market bolstered by B2B spending
Life Insurance Corp of India leads the sector.
Life Insurance Corporation of India’s Q1 profit up 9.6% YoY
Total premium income for Q1 2024 stood at $1.4b.
GIC Re's profit climbs to $12m in Q1 2024
Its assets grew to $2.22b.
Future Generali India welcomes new chief risk officer
He brings over two decades of experience.
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