India
Indian insurance startup Loop raises $25m in Series B funding round
The funding round was led by its existing investors.
Indian insurance startup Loop raises $25m in Series B funding round
The funding round was led by its existing investors.
IPL breaks record for largest insurance cover for a sporting event in India
This was mainly because of a 25% increase in coverage limit.
Global investment firm nabs 9.99% stake in Shriram General Insurance
Shriram General plans to benefit from its global insurance expertise.
Air India halts flight to Moscow over insurance concerns
Its new contract prohibits its aircraft from landing and taking off in Russia and Ukraine.
LIC IPO expected share sales drops to $6.6b
Initial reports predicted that the Indian life giant share sales would be at $8b.
Indian insurers starts fiscal year with premium hikes
Health and cyber saw massive premium increases this year.
Indian millennials: prudent but financially vulnerable —survey
Younger millennials have the lowest awareness about insurance.
LIC losing ground in India market share
Its competitors have projected double-digit growth from 2016 to 2020.
Generali acquires majority stake in India life venture
The firm now holds 68% of the total shares.
India central bank hints on possible delay of $8b LIC IPO
Several current events may have factored in on the delay.
India’s $8b IPO plans could go under review amidst Russian-Ukraine crisis
The IPO was scheduled to launch this March.
India approves 20% FDI for LIC $8b IPO—report
IPO is set to launch in March.
LIC prospective investors wary of govt’ meddling in the insurer
The insurer was frequently tapped to save struggling financial firms.
LIC embedded value soars to $72b in just six months
The jump in value was attributed to splitting of policyholders funds.
India state-run LIC files $8b IPO papers
India’s biggest life insurer plans to sell 5% of its shares.
HSBC targets expanding stake in Indian insurer
The firm plans to buy PNB’s shares in Canara HSBC.
Generali takes majority stake in Indian JVs
Generali is investing around $190.47m in two joint ventures.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
