India

Liberty raises stake in India unit to 74%

May 19 2026

The move marks its second increase in less than a year as the group builds its position in the country.

General Insurance Corporation Of India - Appointment Of Rajesh Laheri As CFO

GIC Re names Rajesh Laheri as new chief financial officer

May 19 2026

Laheri, who has been with the company since 1998, will succeed V. Balkrishna, who is stepping down from the role.

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Prudential to acquire 75% stake in India’s Bharti Life for US$389m

May 18 2026

The deal is expected to require Prudential to cut its stake in ICICI Prudential Life to below 10%.

Santam names Hemant Gulati as country head for GIFT City India branch

May 15 2026

He moves to the South Africa-based (re)insurer after over 17 years at Unison Insurance Broking Services.

jio-financial-targets-life-and-general-insurance-launch-in-2026

Jio Financial, Allianz incorporate India general insurance joint venture

May 14 2026

The Indian JV partner will invest ₹49.5m (US$517,060) for a 50% stake in its general insurance joint venture with Allianz.

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GIC Re commits US$43m in capacity to India’s maritime insurance pool

May 14 2026

State-owned reinsurer is contributing ₹4bn of the ₹9.27bn (approx. US$100m) total capacity, with the balance from other domestic insurers.

Ram_KS_has_been_appointed_as_Executive_Vice_President-Growth_Leader

Howden India names Ram KS as growth leader for sales

May 14 2026

He joins the global broker after over five years at Gallagher.

plum-raises-1-93bn-rupees-in-series-b-round-led-by-peak-xv-partners

Raise Financial acquires insurtech platform GIBL

May 14 2026

The fintech company plans to invest US$15m in GIBL to build a direct‑to‑consumer platform, aiming to launch by the end of 2026.

Allianz Q1 net income soars 48.4% on India JV sale; operating profit hits record

May 13 2026

The German insurer's operating performance was supported by strong property-casualty underwriting and asset management growth.

India rolls out war risk cover under US$1.5bn Bharat Maritime Insurance Pool

May 13 2026

Three policies have been issued to Hoger Offshore and Marine, Vedanta Sterlite Copper and Balrampur Chini Mills, indicating early uptake by industrial and shipping‑linked corporates.

Munich Re posts 56% Q1 profit rise amid selective April Asia renewal pullback

May 13 2026

Low major losses powered Munich Re’s Q1 results as the group selectively reduced exposure at April renewals in Asian markets.

niva-bupa-posts-27-premium-growth-in-fy2026-but-underwriting-pressures-persist

Niva Bupa posts 27% premium growth in FY2026, but underwriting losses deepen

May 11 2026

While the insurer delivered robust GWP growth, higher claims costs pushed the combined ratio further above 100%.

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