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Capital management
Allianz and Jio Financial reach initial agreement to form joint venture in India: Report
March 21 2025
Sources tell Bloomberg a preliminary deal for a health and general insurance JV has been reached.
Remote risk layers insulate ILS market from storm losses in 2024
March 21 2025
ILS sector posts ‘stellar returns yet again’ in 2024 as losses from Hurricanes Milton and Helene were largely absorbed by primary insurers.
Prudential and HCL Group to form health insurance joint venture in India
March 20 2025
Prudential plc to hold a 70% stake and Vama Sundari Investments the remaining 30% of new JV company.
IIHL completes Reliance Capital acquisition, plans to list insurance units: Report
March 19 2025
IIHL plans to list Reliance General Insurance and Reliance Nippon Life Insurance, within two to three years.
Allianz in talks with Jio Financial after Bajaj exit: Report
March 19 2025
The company is reportedly aiming for a minimum 50% stake in any new venture.
LIC eyes ‘substantial stake’ in health insurer, decision expected by March-end
March 19 2025
Move could reshape the competitive landscape of India's health insurance market.
Woori’s insurance acquisitions likely to proceed despite FSS rating downgrade: Report
March 19 2025
The FSS has downgraded Woori’s management rating from Grade 2 to Grade 3.
Allianz to exit Indian joint ventures with US$2.84bn sale to Bajaj Group
March 18 2025
Allianz has signed binding agreements to sell 26% stakes in Bajaj Allianz General and Bajaj Allianz Life.
HK Insurance Authority opens new consultation on RBC disclosure requirements
March 17 2025
Regulator seeks public input on draft rules of Pillar 3 disclosure requirements.
Patanjali Ayurved, DS Group acquire majority stake in Magma General Insurance: Report
March 14 2025
The Indian insurer reported a GWP of 32.95 bn (US$390m) rupees in FY24.
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