India

Bain eyes first India general insurance bet with IndusInd — Report

July 27 2026

The PE firm is understood to be close to investing up to US$519.5m for a 25% stake.

BNP Paribas Cardif to re-enter India insurance market with IndiaFirst Life stake

July 27 2026

The deal will make BNP Paribas Cardif the second-largest shareholder in IndiaFirst Life and marks the French insurer's return to India's life market.

Row of four red metal buckets labeled FIRE hanging from a wooden beam outdoors with a rural field in the background.

IRDAI warns insurers over deep discounting in fire insurance line

July 24 2026

The regulator flagged steep discounting in the fire market after industry premiums dropped 27.8% year-on-year.

go-digit-board-oks-merger-with-holding-company

Go Digit's Q1 combined ratio rises to 107.2% amid commercial lines deterioration

July 24 2026

Claims costs increased across motor, health, engineering and fire portfolios in Q1.

Berkley Insurance Asia names Shivi Bhutani as liability lines underwriter in GIFT City

July 24 2026

Bhutani joins following a brief stint at ICICI Lombard.

pacific-posts-third-straight-quarter-of-double-digit-commercial-insurance-rate-declines

Asia commercial insurance rates fall 5% in Q2 as global market softens for eighth straight quarter

July 23 2026

Marsh said excess capacity, lower reinsurance costs and increased competition continued to drive rate declines.

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.

Gavel beside a silver toy car with an open door on a gray surface, suggesting auto law or car accident legal matters.

India's top court warns insurers over policy ambiguity, urges IRDAI to standardise cross-border motor cover

July 23 2026

“Sloppy drafting could cost you something,” the bench told insurers while stressing the importance of precise policy drafting.

Two yellow vans partially submerged in muddy floodwater on a city street, with trees, a river, and tall buildings in the background.

APAC catastrophe losses remain subdued in H1 2026 as global protection gap widens: Aon

July 22 2026

The region's costliest event was seasonal flooding in China, which generated approx. US$4.9bn in economic losses.

Niyam Group hires Prathemesh Apte for risk and compliance role

July 22 2026

The Pune-based compliance expert joins following a seven-year stint at Bajaj General Insurance.

Panoramic city skyline with tall office towers and residential buildings surrounded by trees on a hazy day

Canara HSBC Life's VNB rises 29% as non-par savings and protection gain share

July 22 2026

A larger contribution from non-par savings products, combined with strong protection growth, helped Canara HSBC Life deliver stronger profitability in Q1 FY2027.

MAPFRE RE branding with two circular headshots of men in business attire against an urban street background.

MAPFRE RE adds treaty underwriting and finance hires in India

July 22 2026

Supreeth Tk joins after over 6 years at Swiss Re, while Sudhir Kamath joins following 12 years at GIC Re.

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