Fundraising

AI and insurtech funding growth in 2023, featuring stacked coins and digital AI graphics.

Global insurtech funding hits four-year high of US$2.44bn in Q2 as AI dominates — Gallagher Re

August 6 2026

AI-labelled InsurTechs captured 99.1% of all funding, while early-stage investment dropped to a four-quarter low.

Modern cityscape with tall buildings near GIFT City, India, at sunset.

EarthRe secures IFSCA licence, becomes GIFT City's first incorporated reinsurer

August 6 2026

The technology-led start-up will underwrite natural catastrophe, climate, property, crop and specialty risk.

India to sell up to 6.5% stake in LIC through offer for sale

August 4 2026

The stake sale is aimed at helping LIC meet public shareholding requirements while raising at least ₹120.8bn through the base offer.

India to divest up to 5% stake in GIC Re

June 16 2026

The planned stake sale in GIC Re forms part of the government’s broader divestment strategy, as the reinsurer reports reduced underwriting losses.

state-bank-of-india-eyes-september-ipo-for-sbi-life

SBI General may begin IPO preparations soon, Chairman says

June 10 2026

Setty’s comments come as the SBI Group advances plans to list its asset management business.

AI‑focused firms dominate US$1.63bn insurtech funding in Q1 2026 — Gallagher Re

May 7 2026

Life and health insurtech funding nearly doubled sequentially, while early‑stage investment rose 36.1% from the previous quarter.

jio-financial-invests-1-47bn-rupees-in-reinsurance-joint-venture-with-allianz

HDFC Bank approves US$107.8m investment in HDFC Life

April 20 2026

India's largest private sector bank has moved to bolster its life arm’s capital position after HDFC Life reported resilient premium growth and softer new business margins in FY2026.

HDFC Life to consider fundraise through preferential issue at 16 April board meeting

April 10 2026

The fundraise proposal from one of India's largest private life insurers comes ahead of full-year results, with the insurer's chief executive pointing to sustained momentum heading into FY2027.

policystreet-secures-us21m-in-series-c-first-close-led-by-japans-sovereign-wealth-fund

PolicyStreet secures US$21m in Series C led by Japan's sovereign wealth fund

April 1 2026

Insurtech plans to use the new funds to expand in Asia and strengthen its technology platform.

Canara HSBC Life Insurance inks bancassurance pact with Bihar Gramin Bank

March 27 2026

The agreement marks another step in expanding reach while the insurer simultaneously readies a fresh round of fundraising.

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