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Friday, October 2, 2026
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India
India: Bima Vistaar set for rollout as IRDAI advances ‘Bima Trinity’
February 18 2025
The regulator is enhancing technology infrastructure while Bima Sugam and Bima Vahak are progressing toward launch.
Major Indian insurers submit IPO plans to IRDAI: Report
February 17 2025
Bajaj Allianz, Tata AIA, Tata AIG, HDFC Ergo, and SBI General, among those reported to have submitted plans.
Aviva India ordered to pay US$7.5m fine: Report
February 15 2025
Authorities allege business paid excess commissions and evaded tax, with insurer denying any wrongdoing.
Prudential weighs listing, partial divestment of ICICI Prudential Asset Management
February 13 2025
The decision hinges on market conditions, approvals, and other factors.
Nagarajan Girishankar appointed Reinsurance Chair for Howden India
February 13 2025
Girishankar brings over four decades of industry experience to the new role.
Indian insurers hedging options increase as RBI allows bond forward trading
February 12 2025
Firms currently hedge their interest rate exposure versus forward rate agreements which don’t facilitate physical delivery of the securities.
Bupa eyeing larger stake in Niva Bupa Health insurance: Report
February 7 2025
Stakeholders "very excited" about potential for full control as FDI rule change looms.
Berkley India appoints Ashaya Kantawala as Chief Underwriting Officer
February 6 2025
Ganter previously served in leadership roles at TATA AIG.
GIC Re board approves plan to set up UK subsidiary
February 5 2025
Move aligns with state-owned reinsurer's plans to diversify its risk portfolio.
Bajaj Finserv still eyeing potential JV split with Allianz
February 5 2025
Bajaj Finserv currently holds a 74% stake in its joint ventures, while Allianz has a 26% stake.
Complete control? Foreign insurers mull India FDI rule change
February 4 2025
India’s move to lift the 74% limit on foreign ownership of insurers is likely to spark structural change in the sector.
India clarifies GST treatment for co-insurance, reinsurance transactions
February 3 2025
The government’s decision includes retrospective regularisation of GST treatment from 2017 to 2024.
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