India

India to decide on extending four Russian P&I insurers’ validity amid US pressure

February 20 2026

The fate of four Russian P&I insurers hangs in the balance as India weighs renewal of their authorisations this week.

south-african-santam-secures-nod-to-open-branch-in-indias-gift-city

South Africa's Santam secures nod to open reinsurance branch in India’s GIFT City

February 19 2026

Santam becomes the first insurer from a BRICS member outside India to establish a presence in the GIFT City reinsurance hub.

InsuranceDekho eyes US$250m public listing — Report

February 18 2026

After signalling its IPO ambitions in March last year, InsuranceDekho has reportedly begun discussions with investment banks about a potential listing.

India formalises 100% FDI in insurance under automatic route

February 17 2026

The Department for Promotion of Industry and Internal Trade has published details on India's 100% FDI for the insurance sector.

Gujarat appoints Uday Kotak as chairman of GIFT City operator

February 16 2026

Kotak steps into the role having led Kotak Mahindra Bank for over four decades.

burman-backed-religare-approves-demerger-keeps-care-health-insurance-stake

Burman-backed Religare keeps Care Health Insurance stake, separates financial services

February 16 2026

The scheme shifts Religare’s lending, broking, and investment operations into Religare Finvest, with a separate listing targeted for Q1 FY28, subject to approvals.

IRDAI tightens framework for foreign insurers’ liaison offices in India

February 14 2026

IRDAI’s revised rules widen extension criteria for liaison offices to cover bilateral trade importance, FDI inflows, technology transfer and market development.