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India tag returned 1482 results

  • India: GIC Re switches approach to reduce dependence on investments for profits

    State controlled GIC Re will have to work with an operational efficiency that gives it a combined ratio of less than 100, in order to make its reinsurance operations sustainable, according to Mr Devesh Srivastava, chairman and managing director of GIC Re.

    Asia | 03 Dec 2020
  • India: Travel company extends its safe travel programme

    Travel services company Thomas Cook India, along with its group company SOTC Travel, has announced the extension of its assured safe travel programme for customers that also provides insurance cover against COVID-19.

    Asia | 02 Dec 2020
  • Sharp rise in fraud forecast following COVID

    Over 80% of corporate India fears that business disruptions and uncertainty brought about by the pandemic will lead to rise in fraud cases in the next two years according to Deloitte Touché Tohmatsu India (DTTI) biennial survey. This is 22 percentage point increase over the previous edition of the survey in 2018.

    Asia Risk | 02 Dec 2020
  • India may become too hot for construction by the 2030s

    India is likely to experience more lethal heatwaves by the 2030s that will make construction and other outdoor work dangerous.

    Asia Risk | 02 Dec 2020
  • India: General insurance sector shows red ink in FY2020

    The 32 companies in the Indian general insurance sector posted an aggregate net loss of INR14.02bn ($190.6m) for the financial year ended 31 March 2020 (FY2020), from a combined net profit of INR6.83bn in FY2019 and net profit of INR69.09bn in FY2018, according to statistics compiled by General Insurance Council, which represents all domestic general insurers.

    Asia | 02 Dec 2020
  • India: Life insurer shows growth despite COVID-19

    Bharti AXA Life, a private player in the Indian market, has registered a 10% increase in renewal premium at $80.3m in the first half of the current fiscal year compared to $73.1m in the same period last year.

    Asia | 01 Dec 2020
  • India: Standard health cover soon for vector-borne diseases

    Indian health and general insurers will soon offer specific health insurance cover for treatment of vector-borne diseases like dengue, malaria and chikungunya.

    AIRPlus | 01 Dec 2020
  • India: Motor revs, retail health moderates

    The Indian non-life industry reported a 7% y-o-y growth in premiums, excluding crop, in October 2020 which is marginally lower than 10-11% y-o-y growth over the past two months.

    AIRPlus | 01 Dec 2020
  • India: Govt owned general insurers directed to tighten belt

    The Finance Ministry has asked state owned general insurers, notably, National Insurance, Oriental Insurance and United India Insurance, to rationalise their branch networks and cut down avoidable expenses to improve their financial health.

    Asia | 01 Dec 2020
  • India: IRDAI gives green light to M&A deals

    The IRDAI has given in-principle approval for the merger of Bharti AXA General with ICICI Lombard.

    Asia | 30 Nov 2020


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