India Insurance – (Re)in Asia

Features and key stories

india-life-insurers-new-business-premiums-jump-39-in-april-led-by-group-business-growth

australia-new-zealand-lead-apac-insurance-ma-in-q1-as-india-activity-slows

Indias general insurers open FY2026-27 with 83 premium growth in April

prudential-to-raise-stake-in-malaysian-life-insurer-to-70

india-rolls-out-war-risk-cover-under-us1-5bn-bharat-maritime-insurance-pool

indias-cyber-insurance-demand-grows-as-dpdp-act-reshapes-underwriting-focus

aviation-personal-accident-continue-to-lead-gains-as-indias-march-gi-premiums-rise-8-4

allianz-jio-agree-5050-india-primary-insurance-jv-for-general-and-health-lines

india-launches-us1-4bn-maritime-insurance-pool

india-gi-premiums-rise-9-3-in-fy2025-26-as-care-health-posts-fastest-growth-among-major-insurers

india-gi-growth-holds-steady-in-february-as-aviation-health-and-pa-outperform

autonomous-vehicles-push-insurance-markets-to-adapt-in-apac-as-robotaxis-ramp-up

private-insurers-extend-lead-over-public-peers-in-india-gi-february-results

new-mga-regime-flagged-as-last-mile-growth-lever-for-indias-insurance-market

indias-surety-market-surges-but-recovery-risks-current-data-gaps-hold-back-full-expansion-potential

india-life-first-year-premiums-up-21-6-in-january-amid-ulip-commission-surge

qbe-to-become-sole-owner-shareholder-of-raheja-qbe-general-insurance

engineering-health-complement-misc-spike-as-indias-january-premiums-rise-14

india-january-gi-premiums-near-fiscal-year-peak-but-health-complaints-and-profitability-pressures-surface

japan-and-india-buck-regional-slide-as-asia-pacific-insurance-dealmaking-declines-further-in-2025

India life insurers’ new business premiums jump 39% in April, led by group business growth

India’s life insurers kicked off the financial year with strong growth, led by group business expansion that boosted both premium collections and overall coverage levels.

Australia and New Zealand lead APAC insurance M&A in Q1 as India activity slows

Cross-border expansion by global insurers underpinned Asia-Pacific insurance M&A in Q1 2026, with a rebound in Australia and New Zealand.

India's general insurers open FY2026-27 with 8.3% premium growth in April

Industry-wide premiums climbed to a record ₹364.18bn (US$3.82bn), supported by continued strong performances from Tata AIG and Care Health.

Prudential to acquire 75% stake in India’s Bharti Life for US$389m

The deal is expected to require Prudential to cut its stake in ICICI Prudential Life to below 10%.

India rolls out war risk cover under US$1.5bn Bharat Maritime Insurance Pool

Three policies have been issued to Hoger Offshore and Marine, Vedanta Sterlite Copper and Balrampur Chini Mills, indicating early uptake by industrial and shipping‑linked corporates.

India’s cyber insurance demand grows as DPDP Act reshapes underwriting focus

Brokers report growing interest in cyber insurance following the introduction of the DPDP Act, as buyers reassess limits, coverage and compliance exposure.

Aviation, personal accident continue to lead gains as India’s March GI premiums rise 8.4%

Aviation and personal accident posted another month of outsized gains, rising 78.9% and 27.6%, while miscellaneous and fire extended last month’s fall.

Allianz, Jio ink deal to form 50:50 India primary insurance joint venture for general, health lines

The agreement follows the launch of the Allianz Jio Re, with the firms also looking to pursue a separate life insurance venture.

India approves US$1.4bn Bharat Maritime Insurance Pool

Sovereign-backed scheme aims to cut reliance on foreign insurers and build domestic marine underwriting expertise.

India GI premiums rise 9.3% in FY2025-26 as Care Health posts fastest growth among major insurers

Premiums reached ₹3.36t across the April–March fiscal year, with stand-alone health insurers extending their growth run and Care Health crossing ₹100bn after a 20.9% annual increase.

India GI growth holds steady in February as aviation, health, and PA outperform

Aviation led gains as geopolitical tensions pushed up war-risk pricing, while personal accident and health helped offset weakness in fire and misc.

Autonomous vehicles drive APAC insurers toward new liability era as robotaxis ramp up

Robotaxis are giving commercial shape to APAC’s broader AV market, but insurers remain constrained by limited data, fragmented regulation, and unresolved liability questions.

Private insurers extend lead over public peers in India GI February results

Premiums rose 9.7% year on year to ₹238.5bn, as private insurers largely posted double-digit growth while public-sector peers remained broadly flat.

New MGA regime flagged as last-mile growth lever for India’s insurance market

Newly recognised MGAs can bind policies and underwrite risks locally, offering a faster route to regional and niche product growth in India.

India’s surety market surges, but recovery risks, data gaps constrain full potential

India’s surety segment is drawing global attention, but experts caution that legal clarity, underwriting discipline, and reliable contractor data remain essential for sustainable growth.

India life first-year premiums up 21.6% in January amid ULIP commission surge

Average ticket sizes and sums assured climbed, but lives covered dropped, as industry commissions hit ₹608bn (US$6.69bn) in FY25.

QBE to take sole ownership of India's Raheja QBE in US$35.4m buyout

The move, subject to IRDAI approval, follows 18 years of the Group's joint ownership of the insurer with Prism Johnson Limited.

Engineering, health, complement misc spike as India’s GI premiums rise 14% in January

Miscellaneous, health and engineering drive a record January, while aviation collapses almost 96%.

India January GI premiums near fiscal-year peak but health complaints and profitability pressures loom

Premiums climb to ₹333.5bn (US$3.68bn) in January on crop and health gains, while health insurers navigate complaint scrutiny and margin pressure.

Japan and India buck regional slide as Asia-Pacific insurance dealmaking declines further in 2025

With only two $1bn-plus transactions all year, buyers shifted toward smaller, distribution-led plays and selective cross-border bets.