Joint ventures

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.

Red toy car perched on top of stacked banknotes, illustrating auto financing or car costs.

PE-backed insurer Kiwi General debuts in India with motor product, adviser-led strategy

June 8 2026

Co-founded by former Tata AIG CEO Neelesh Garg, the Indian start-up is eyeing a broader product rollout, including commercial vehicle and group health offerings, in the coming months.

Mahindra, Manulife set up India life insurer as JV plans advance

June 1 2026

The incorporation of Mahindra Manulife Insurance marks an early step in the companies push to address India’s protection gap with a digital-first model.

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

Prudential seeks up to 18 months to cut ICICI Prudential Life stake after Bharti Life deal — report

May 20 2026

Prudential’s planned acquisition of a 75% stake in Bharti Life Insurance will trigger regulatory requirements on its shareholding in ICICI Prudential Life Insurance.

vrs-adjusters-and-uchiyama-loss-adjusting-form-singapore-joint-venture

vrs Adjusters, Uchiyama Loss Adjusting form Singapore joint venture

April 30 2026

vrs Uchiyama aims to serve Japanese insurers and corporates operating across Asia-Pacific.

shapoorji-pallonji-backed-general-insurance-venture-clears-first-regulatory-hurdle-report

M Pallonji-backed general insurance venture clears first regulatory hurdle — report

April 8 2026

The preliminary approval moves the joint venture one step closer to entering India's general insurance sector.

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