Howden Acquisition
Howden gets regulator nod to acquire 100% of India business
Howden gets regulator nod to acquire 100% of India business
India’s government allows 100% foreign ownership of insurance intermediaries.
Howden acquires Singapore-based AEGIS insurance business
This is part of Howden’s strategic expansion in Asia.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.