India

Future Generali India appoints Ramit Goyal as Chief Distribution Officer

April 5 2024

Goyal steps into CDO role following Raghavendra Rao's retirement on 31 March.

Aon completes acquisition of India's Global Insurance Brokers

April 3 2024

Aon finalises acquisition to strengthen Indian broking and advisory service presence across commercial risk, health, and reinsurance markets.

reinsurers-maintain-increased-risk-appetite-during-1-4-renewals-gallagher-re

Reinsurers maintain increased property cat risk appetite during 1.4 renewals: Gallagher Re

April 3 2024

More available capacity during renewals as reinsurers continue search for growth, with reinsurance appetite outstripping demand in Japan.

1.4 renewals see 'dramatic shift' toward ample property cat reinsurance capacity: Aon

April 2 2024

Aon says favourable conditions continued for cedents during 1.4 renewals, while spotlighting an increasing appetite for facultative solutions.

IRDAI mandates electronic insurance policies from 1 April 2024

March 30 2024

E-policies become mandatory for policies with sums insured over 100 (US$1.20) rupees or premiums of at least 10 rupees.

irdai-maintains-d-sii-status-for-lic-gic-and-new-india-assurance-for-fy-2023-24

IRDAI maintains D-SIIs status for LIC, GIC, and New India Assurance for FY 2023-24

March 28 2024

The IRDAI confirms continued designation of three key insurers as Domestic Systemically Important Insurers.

Indian regulator announces major regulatory overhaul

March 25 2024

IRDAI consolidates 34 regulations into six and adds two — including for country's upcoming digital marketplace, Bima Sugam.

indias-health-insurance-landscape-grows-with-new-player-galaxy-health

IRDAI grants registration to new insurer Galaxy Health

March 25 2024

India grants seventh insurance licence in 12 months, marking a shift after years without new approvals.

Lockton India continues leadership drive with appointments of Muchhala, Plasterwala and Prabhu

March 22 2024

Dhruti Muchhala (pictured left) has taken on the role of SVP for Key Relations, Neha Plasterwala (pictured centre) is Lockton's Director and Head of Marketing, and Ajay Prabhu (pictured right) has been...

riding-a-wave-of-growth-china-and-india-take-steps-to-expand-marine-insurance-market

Riding waves of growth, China and India take steps to expand marine insurance capacity

March 22 2024

Countries look to develop domestic markets in response to maritime growth and global challenges.

India cyber feels reinsurance capacity pinch

March 20 2024

Indian firms are clamouring for cyber cover but international reinsurers remain wary of deploying capacity.

Swiss Re names Amitabha Ray as CEO of India

March 19 2024

Ray succeeds Hadi Riachi, who is transitioning to the role of Head, Global Underwriting Centre for Swiss Re Corporate Solutions.

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