India
India’s non-life segment finds footing: AM Best
It may still face challenges in underwriting, pricing, and high reinsurance costs.
India’s non-life segment finds footing: AM Best
It may still face challenges in underwriting, pricing, and high reinsurance costs.
India’s non-life insurance industry posts slower growth for October
Year-to-date, a double-digit growth is recorded driven by health and motor.
IRDAI issues regulations for insurers’ ease of doing business
It targets to move towards a principles-based regime.
GIC Re posts higher premium income in 1H23
However, its underwriting loss increased.
IRDAI assembles taskforce for bancassurance
The share of banks as corporate agents was 5.93% of non-life insurance and 17.44% of new business premiums in 2022-23.
Zurich acquires 51% stake in Kotak Mahindra Bank's general insurance arm
The insurer said it plans to buy 19% more in the future.
India’s first-year premiums contraction eases in September
The month recorded a 15.5% drop, smaller than the 18.5% in August.
Bharti Group to purchase AXA’s stake in India joint venture: Report
It’s not yet clear if AXA is exiting the Indian insurance market.
IRDAI to improve insurance accessibility in 'every nook and corner' of India
The regulator wants to ensure that each area has a dedicated "vahak" to sell and service straightforward insurance products.
Allianz Trade names new India country manager
The insurer predicts that India will be Asia’s next growth engine.
Aon plans to acquire Indian-based brokerage firm
Global Insurance Brokers will transition to Aon's brand and operating model.
About nine in 10 Indian tourists think of buying travel insurance
Only 76% of respondents said they bought insurance for their most recent trip.
India sets open house for insurtechs, fintechs to collaborate
This will be held every 15th day of the month.
Two US entities and Fintech Blue Solutions to launch India-based insurer
It targets to sell life and retirement products to the Indian market.
India’s non-life premiums trip over bad crop insurance in August
The sector is seen to grow 13% to 15% in the medium term.
How InsurSaathi is fast-tracking onboarding of new agents in rural India
InsurSaathi comes with an in-built insurance training module, all done remotely.
India’s new business premium dips 18.5%
Its group single premium contraction offset individual premium growth.
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