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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Friday, October 2, 2026

India

Portrait of a woman in a circle over a sunset cityscape with the Lockton logo in the background, suggesting a team spotlight feature.
Lockton hires Shrungar Bhuva as VP for transaction liability in India
August 13 2026
She joins days after Lockton named its new India chief.
Health insurance claim form with a stethoscope and a stack of Indian ₹2000 notes beside it.
India weighs health insurance, claims reforms as medical costs surge — report
August 13 2026
A panel comprising regulators, insurers, hospitals, and led by the IRDAI chief will submit recommendations by year-end.
Nayana Mitter, leading GCC strategy at Aon, with a cityscape background.
Aon taps Nayana Mitter to lead Global Capability Centres strategy and programme management
August 12 2026
The Gurgaon-based appointment follows the broker's opening of a Bengaluru capability centre in June and the naming of Shiney Prasad as GCC head in March.
Ashwani Bhatia appointed Niva Bupa chairman, image of him with cityscape background.
IRDAI approves Ashwani Bhatia as Niva Bupa chairman
August 12 2026
The approval formalises the appointment of former SEBI whole-time member Bhatia as chairman of the standalone health insurer.
Empty train station platform with boxes and 'In Force' sign, early exit door, and clock.
Asia's life insurers rethink products as surrender trends test customer retention
August 12 2026
Policy surrenders have surpassed maturity payouts in India, while Korea has seen cancellations rise 62.7% in early 2026.
IRDAI logo with a city and river backdrop, and a circular portrait of a smiling Indian woman in the foreground
Girija Subramanian joins IRDAI as whole-time member
August 12 2026
With over 37 years of industry experience, former New India Assurance CMD Subramanian will oversee the distribution segment at the regulator.
GIFT City skyline with SEBI building, Mumbai, India, during daytime.
MS First Capital kicks off reinsurance operations from GIFT City
August 11 2026
The move aligns with MS&AD’s international strategy to pursue growth opportunities across Asia.
Financial data and stock market graph with Indian Rupee symbol and government report context.
IRDAI mandates monthly insurer data reporting for government's service sector database
August 11 2026
Life, general, and health carriers will need to file premium, claims and investment income figures by the 15th of each month from July 2026.
Indian 500 rupee notes with a stethoscope on health insurance claim form.
India insurance complaints near 300,000 in FY2026 as claim disputes rise 28%
August 10 2026
Complaints rose 15.4% last financial year and the trend showed little sign of easing in the first quarter of FY2027.
Sun Life Asia office building with glass facade and orange umbrellas outside.
Hong Kong competition erodes Sun Life's Asia new business CSM despite 19% sales rise
August 7 2026
Strong sales momentum in Hong Kong, alongside growth in India, Malaysia and Indonesia, helped offset pressure on new business margins.
LIC insurance policy documents with LIC logo and glasses on a blue background.
LIC posts 61% higher VNB in Q1 as non-par business gains traction
August 7 2026
The insurer's new business profitability surged significantly, even as operating expenses rose by nearly a third.
Urban highway in India with city skyline and ongoing construction at dusk.
S&P flags profitability, solvency concerns amid India's promising insurance growth trajectory
August 7 2026
Aggressive pricing and weak solvency among several state-owned insurers could test India's insurance growth story despite favourable regulatory reforms, S&P says.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.