India
CareEdge forecasts 11% to 13% growth for India’s life insurers
Digital infrastructure is expected to enhance distribution channels.
CareEdge forecasts 11% to 13% growth for India’s life insurers
Digital infrastructure is expected to enhance distribution channels.
India's life insurers' new business grows 2% YoY FY’24
29.2 million policies were sold during the year.
IRDAI removes age cap for health insurance: Report
Other improvements have also been made to India’s healthcare system.
ICICI Lombard's GDPI climbs 17.8% in FY’24
Its Q4’24 earnings were driven by motor and health segments.
India’s non-life premiums see double-digit growth in FY’24
The industry is projected to grow 13% to 15% in the medium term.
Aon appoints new CEO for Reinsurance Solutions in India
Shailendra Sapra will be based in Mumbai.
Nippon Life establishes new subsidiary in Mumbai
Nippon Life has been operating in India through life insurance and asset management businesses.
Allianz Partners establishes presence in GIFT City
It is the first foreign reinsurer to operate in the area.
Aon finishes acquisition of Global Insurance Brokers in India
Rishi Mehra, Aon's head for India, will chair GIB's board.
Cyberattacks, data breaches top business risks in India: survey
Business interruption stands as the second-highest risk whilst talent retention challenges rank third.
Life insurance sector for India remains subdued, February sparks 48.4% premiums
Year-to-date, new business premiums of Indian life insurers narrowed their decline to 0.2%.
India's health insurance market to surpass US
The sector has the potential to grow 18% to 20% in the next two decades.
Working Indian women lead in life insurance ownership
The financial security of urban Indian women have gone up to 62% in 2024 from 57% in 2019.
Operating performance strong for ICICI Lombard: AM Best
Its underwriting results are offset by its reliance on investment income.
Rishi Mehra to lead Aon India
Mehra was previously Chief Financial Officer for Asia and Greater China.
India's regulator clears Digit Insurance for IPO launch: Report
Bankers are anticipating 2024 to be one of the country's biggest years for IPOs.
India’s life insurance premiums fall in January
In the nine months to January, 21.3 million were pencilled in.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
