India

icici-lombard-invests-0-39bn-in-hdfc-bank-to-deepen-banking-exposure

ICICI Lombard ordered to pay US$8m in dispute linked to Bharti AXA policies

July 16 2026

The insurer said it is evaluating legal options after the arbitral tribunal directed it to pay the award plus interest.

Seal of the Reserve Bank of India on a red gate with a tiger and palm tree emblem in relief behind bars outside a stone building.

RBI proposes one-time approval for insurers to raise bank holdings

July 15 2026

Draft amendments would allow qualifying institutional investors to increase their shareholding in the same bank without seeking repeated regulatory approvals.

Riverside village with wooden stilt houses along a muddy brown river under a cloudy sky, with green trees in the background.

Asia nat cat insured losses ease in H1 2026, but cyclone risk clouds outlook — Gallagher Re

July 15 2026

Asia recorded its lowest first-half insured catastrophe losses since 2017, but more than US$6bn in flood-driven economic losses in China underscored the region's significant protection gap.

Singapore skyline with tall glass skyscrapers along Marina Bay and a small riverfront park area in the foreground for a cityscape view.

India, South Korea, and Southeast Asia drive next phase of APAC transaction risk growth — Aon

July 15 2026

Cross-border dealmaking is fuelling demand for transaction risk insurance in APAC, where claims severity and long-tail tax exposures continue to rise.

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.

Markel appoints Sarika Gadekar to strengthen India marine claims capability

July 13 2026

Gadekar takes up a claims adjuster role in Mumbai, part of Markel's push to strengthen its presence in one of Asia's most important growth markets.

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.

Echo Re taps Ankur Sharma as principal officer of India GIFT City branch

July 10 2026

The hire marks the latest step in the reinsurer's push into the Indian subcontinent, following its GIFT City licence approval in March.

Aon India hires Taranjeet Walia for commercial risk role

July 9 2026

Walia will advise large corporates and financial institutions on integrated risk, capital and strategic solutions.

Aerial view of a modern city skyline at sunset with a tall central skyscraper and a river in the distance,

Middle East conflict, AI pull Asia’s insurance markets in different directions — Swiss Re

July 8 2026

Swiss Re expects Asia to outpace global insurance growth in 2026, though the regional outlook is splitting sharply between AI beneficiaries, energy-exposed markets and reform-led growth stories.

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.

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India announces plan for cooperative life insurance company

July 6 2026

Home minister Amit Shah said the venture would build on IFFCO's existing joint venture with Tokio Marine to widen the cooperative sector's role in insurance.

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