Joint ventures

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.

Bustling street scene in India with shops and crowds, related to Indian Bank's financial services.

Indian Bank eyes life insurance, asset management expansion through JVs

July 20 2026

The proposed ventures would expand the state-owned lender’s financial services footprint beyond general insurance.

Aerial view of a large city with a prominent bridge over a river, near a lake, in India.

Allianz Jio Reinsurance writes US$27.6m in first full quarter

July 17 2026

The newly minted reinsurer generated ₹2.66bn in gross premiums in its first full quarter, highlighting early traction for Jio Financial's insurance partnership with Allianz.

Low-angle view of tall white skyscrapers against a clear blue sky, with a red Sompo banner and green trees in the foreground.

Sompo sees India as strategic growth market amid insurance reforms — Report

July 14 2026

The Japanese insurer said FDI limit and regulatory reforms have strengthened the case for deeper engagement.

Aviva to take full ownership of India life insurance venture

July 10 2026

Aviva's move to acquire its partner's remaining stake reflects a broader trend of international insurers increasing ownership of Indian operations.

prudential-explores-exit-from-icici-joint-venture-amid-india-strategy-rejig

ICICI Prudential Life set for name change as Prudential prepares to reduce stake

July 8 2026

Prudential's planned Bharti Life acquisition is prompting changes to its ownership and governance arrangement at ICICI Prudential Life.

prudential-posts-10-rise-in-q1-new-business-profit-as-asia-led-growth-broadens

Prudential-HCL venture becomes India's eighth standalone health insurer after IRDAI approval

July 2 2026

The approval marks the regulator's third insurance licence this year and expands Prudential's presence in India's insurance market.

MetLife eyes stronger India presence via majority stake in PNB MetLife

June 12 2026

The insurer currently holds a 49.73% stake in PNB MetLife India and is actively eyeing a controlling stake in the JV.

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