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India tag returned 996 results

  • India: Life insurers join hands in first joint media campaign

    India's 24 life insurers, under the aegis of the Life Insurance Council, are working together in the industry's first joint mass media campaign to promote life insurance.

    Asia | 11 Nov 2019
  • AIR Worldwide releases multi-peril crop insurance model for India

    In view of supporting probabilistic assessments of potential losses caused by yield shortfalls for 11 major crops across the two main India crop-growing seasons, catastrophe risk modelling firm AIR Worldwide has released a multiple peril crop insurance (MPCI) model for India. It is said to provide a high-quality single data set of the country's state and district crop production statistics currently available.

    Asia | 08 Nov 2019
  • India: State-owned general insurers lobby for funds

    The three public-sector unlisted general insurance companies which are slated to be merged have urged the government for funds for them to recapitalise.

    Asia | 08 Nov 2019
  • India: New partnership seeks to disrupt automobile claims

    Indian claims management solution service provider IAR Group and US-based AI damage estimation platform Claim Genius have entered into a partnership to jointly bring the latter's AI auto damage estimation solutions to the Indian insurance market. Their collaboration seeks to improve the processing speed and accuracy of Indian auto insurance claims.

    Asia | 07 Nov 2019
  • India: Insurers consider exiting national crop insurance scheme

    A number of general insurers, facing losses from natural calamities, are understood to be reviewing their crop insurance portfolios and even considering exiting the class of business.

    Asia | 07 Nov 2019
  • India: Foreign investors snap up insurance stocks

    Foreign investors are pouring money into the Indian insurance sector which received a record inflow of foreign equity investment in the April to September period which was the first half of the current fiscal year ending 31 March 2020.

    Asia | 05 Nov 2019
  • India: Regulator proposes higher damage self assessment ceiling

    The insurance regulator has proposed to increase the ceilings for self-assessment of damage, in a move aimed at facilitating the processing of insurance claims.

    Asia | 04 Nov 2019
  • India: Foreign investors continue to sell shares of listed insurers

    American private equity firm Kohlberg Kravis Roberts (KKR) has sold shares worth INR5.337bn ($75.2m) that it held in listed SBI Life Insurance through a block deal on the market, data from stock exchanges showed.

    Asia | 01 Nov 2019
  • Motor premium drives Indian non-life segment

    A report by Kotak institutional equities research has shown that general insurance companies in India have reported 18% y-o-y growth in premium (excluding crop) in September, higher than 7-11% y-o-y growth over the past three months. This was driven by the motor TP segment (up 38% from 10-18% in past three months) as an immediate reaction of increase in traffic fines, even as health and fire grew, crop business was higher leading to 26% overall premium growth.

    AIRPlus | 31 Oct 2019
  • India: Stock exchange forms insurance broking JV

    BSE, Asia's oldest exchange and its joint venture partner Ebix, the global leader in insurance exchanges, have received in-principle approval to establish a direct insurance brokerage.

    Asia | 31 Oct 2019

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