Joint ventures

Sagar Balkavde to PNB MetLife as Associate Director – Statutory Valuation & Reinsurance Administration.

Sagar Balkavde joins PNB MetLife in valuation and reinsurance role

October 12 2026

He was appointed associate director for statutory valuation and reinsurance administration.

Portrait of an unnamed APAC chief wearing glasses, set against a city skyline and illuminated bridge.

Generali puts China and India at the centre of its next APAC growth push

October 7 2026

APAC chief Rob Leonardi looks to turn a 27.8% jump in premiums into a bigger earnings base.

Jio Financial, Allianz inject ₹6.4bn into India general insurance JV

Allianz, Jio Financial inject US$66.5m into India general insurance JV

October 1 2026

Jio Financial's capital injection is more than twice its investment in the reinsurance venture with Allianz.

AMMB, MetLife review strategic options for insurance JV, potential sale on cards – report

Malaysia's AMMB, MetLife explore strategic options for insurance JV — report

September 29 2026

The review comes over a year after the partners abandoned a planned sale to Great Eastern.

ICICI Prudential Life changes name to ICICI Life Insurance following ministry approval

September 23 2026

The name change, which took effect on 22 September, follows efforts by UK-based joint venture partner Prudential to transition from promoter to investor status in the insurer.

generali-central-life-insurance-saddam-hossain

Generali Central Life taps former Edelweiss Life executive Saddam Hossain as chief risk officer

September 22 2026

He brings more than 18 years of experience in the life insurance sector spanning risk management, actuarial science, financial risk and capital management.

Indian Bank advances life insurance plans, eyes board approval

September 14 2026

The state-owned lender is considering a subsidiary or joint-venture structure, with partner selection likely in the next 12 months.

Seaside cityscape with a curved waterfront promenade, people walking along the railing, and a busy coastal road lined with cars; skyline in the distance.

Generali Central Life eyes 30-35% growth in new business as JV gains traction

August 24 2026

The insurer expects its expanded bancassurance partnership with Central Bank of India to become a major growth driver, with annual business from the channel projected to reach ₹5bn (US$52.25m) within three...

Prudential, HCL-backed health insurer begins operations in India

August 20 2026

The technology-first health insurer aims to deliver personalised protection for Indian families.

Modern office building with blue glass windows and a large EtIqa sign on the roof, featuring a yellow smile beneath the letters.

Maybank to take full control of Etiqa in US$1.2bn Ageas buyout

August 3 2026

The billion-dollar deal will be financed through Maybank's internal and external funding and is expected to close in 2026.

Blackstone and former HDFC ERGO chief move ahead with India general insurer plan — Report

July 23 2026

The proposed venture could become the first new insurer with 90% foreign ownership since India liberalised its insurance sector's FDI limits.

Axis Bank considers larger stake in Axis Max Life

July 21 2026

Bank is considering raising its holding in the life insurer to 30%, after RBI rule changes opened the door for larger bank investments in insurance companies.

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