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India tag returned 1478 results

  • 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
  • India: Insurers to soon offer medical cover for vector-borne diseases

    Health and general insurers will soon be allowed to offer specific insurance cover to the public for medical treatment of vector-borne diseases like dengue, malaria and chikungunya.

    Asia | 27 Nov 2020
  • India: Huge opportunities for InsurTechs from COVID-19

    The COVID-19 pandemic has accelerated the growth of InsurTechs across the Indian market and this is expected to grow exponentially over the next decade, said speakers at a webinar organised by the Digital Insurer yesterday.

    Asia | 26 Nov 2020
  • HDFC ERGO partners NSDL Payments Bank to offer customised insurance solutions

    HDFC ERGO General Insurance Company, India's private sector general insurance company, and NSDL Payments Bank Limited, subsidiary of National Securities Depository Ltd (NSDL), announced their partnership to offer a whole range of general insurance products to the bank's customers. The partnership aims to bring together the deep distribution network of NSDL Payments Bank and the strong innovation pipeline of HDFC ERGO to contribute towards financial inclusion in the country.

    Agents | 24 Nov 2020
  • India: Investors turn to life guaranteed-return plans as an alternative to FDs

    Many investors are looking at guaranteed-return plans from life insurers as an alternative to bank fixed deposits (FDs). Insurers offer tax-free guaranteed returns for the long term if investors maintain their policies until maturity.

    Asia | 25 Nov 2020

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