India
India pushes product expansion in title insurance
India pushes product expansion in title insurance
A comprehensive cover for all promoters is recommended.
India's Choice Group floats insurance aggregator platform
ISMOS will offer life, health and general insurance plans.
Indian insurers at the cusp of transformation: retired IRDAI chairman
India's IT capabilities will accentuate the further growth of the sector.
Indian general insurers likely to hit $36.4b in 2025
The sector has a CAGR of 8.7% over FY2019-2024.
Indian insurers' lagging underwriting could hit long-term profits: report
Adequate earnings have not accompanied market growth.
Indian insurers can now invest in REITs, infrastructure trusts
This will boost the overall portfolio yield held by these firms.
India's LIC nets $24.4b in FY2021 new premiums
Its individual life business posted a first-year premium income of $7.5m.
Indian general insurers wary of growth outlook
The sector is still plagued by negative consumer sentiment, and there are concerns for the 2022 financial year.
Indian regulator issues rules on insurance ads
Insurers are required to file a copy of an ad within seven days of release.
Indian non-life GWPs jump 5.2% in FY2021
General insurers' premiums grew to $22.6b.
Indian insurers can now invest in fund of funds
But they can not invest into policyholder funds outside India.
India drafts rules for insurers offering trade credit insurance
A policy can grant an indemnity of up to 60% of trade receivables.
Online insurance platform Policybazaar planning $500m IPO
It is seeking a listing before end-2021.
Indian health insurance plans constant in Q1: report
The average price for an insured sum hit $283 and $371.
Indian lawmakers approve higher FDI for insurers
It will expand insurance penetration and boost valuation of insurers.
Indian regulator urges insurers to be more transparent
There should be systems for policyholders to track their claims.
Indian health insurers barred from raising premiums whilst upgrading plans
Insurers can still make minor modifications.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
