India

2025 Regulatory Road Map: Japan insurers get ready for RBC

January 23 2025

After Japan goes live India, Vietnam, and Brunei will the only states in Asia Pac operating under a Solvency 1 regime

sutikshan-mishra-appointed-as-senior-vice-president-and-head-of-fig-at-zurich-kotak

Sutikshan Mishra moves to Zurich Kotak as Head of FIG

January 22 2025

Mishra moves from Star Health and Allied Insurance to take on new role.

India insurance FDI rule changes hit parliamentary delay

January 22 2025

Delay is a timing issue and there shouldn’t be significant objections to changing foreign ownership rules.

underwriting-losses-continue-in-2024-for-indian-pampc-insurers

Underwriting losses continue in 2024 for Indian P&C insurers

January 20 2025

Despite double digit premium growth in key sectors of health and motor, competitive pressures are affecting underwriting.

gallagher-promotes-ajit-horra-to-india-ceo

Gallagher appoints Ajit Horra as CEO of India

January 16 2025

Horra suceeds Sneha Gokarn to lead Gallagher's operations in India.

India cyber insurance premiums to hit US$100m in 2026 as attacks mount

January 16 2025

India has seen an increase in cyber attacks and insurance sales have increased in response.

alok-agarwal-moves-to-zurich-kotak-general-insurance-as-md-amp-ceo

Alok Agarwal to lead Zurich Kotak General Insurance after 22 years at ICICI Lombard

January 15 2025

Agarwal has moved to Zurich Kotak as MD and CEO, effective as of 1 Jan.

2025 outlook: Trump, India, and easing the insurance talent shortage

January 15 2025

The new US President is the biggest unknown this year for Asia Pac insurers but opportunities also exist in India and embedded insurance.

star-health-looks-to-double-bancassuarance-revenue-in-next-three-years-report

Star Health looking to double bancassurance revenue in next three years: Report

January 13 2025

Indian insurer says it aims to add 29 to 30 bancassurance partners by H1 2026.

IRDAI targets insurers over management expense breaches: Report

January 10 2025

Non-compliant insurers face meausres including mandatory capital injections and senior management incentive restrictions.

renuka-nar-appointed-a-head-of-lamph-reinsurance-broking-at-aon-india

Aon India recruits Howden's Renuka Nar as Head of L&H reinsurance broking

January 9 2025

She joins following 3 years at Howden.

Indian government to review state-run insurers' financial health and solvency ratios: Report

January 8 2025

The review comes as public sector insurers face regulatory pressures to improve solvency ratios and adapt to upcoming reforms under the Insurance Amendment Bill.

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