News

canara-hsbc-life-inks-bancassurance-agreement-with-odisha-grameen-bank

Canara HSBC Life enters bancassurance deal with Odisha Grameen Bank

April 15 2026

The deal comes as the RBI prepares to introduce stricter conduct rules for banks distributing insurance from July.

tokio-marine-looking-to-raise-starting-grad-salaries-up-to-47-report

Berkshire's National Indemnity Company completes US$1.8bn stake purchase in Tokio Marine

April 15 2026

The deal gives NICO a 2.49% stake in Tokio Marine Holdings as part of a new strategic partnership between the two groups.

icici-prudential-life-faces-9-8bn-rupees-exposure-in-gst-demand-and-penalty-case

ICICI Prudential Life's VNB grows 10.9% in FY2026 led by protection business

April 15 2026

A sharper tilt towards protection, improving cost efficiency and a changing distribution mix helped ICICI Prudential Life strengthen profitability in FY2026.

hong-kongs-insurance-complaints-bureau-reports-857-complaint-cases-in-2025

Hong Kong complaints rise 33% in 2025, Insurance Complaints Bureau reports

April 15 2026

The ICB handled 857 complaint cases in 2025, up from 646 the previous year, with most linked to hospitalisation, medical, and travel policies.

Sompo expands operations in Australia with new underwriting team

April 15 2026

The nine new underwriters will report to Paul O'Neill, president of commercial P&C lines for APAC.

GIC Re receives US$37.6m income tax demand for FY2024 assessment year

April 15 2026

The demand includes multiple tax additions relating to transfer pricing adjustments, amortisation of investment premium and provisions for doubtful debts.