Singapore Reinsurance Corporation (Sing Re) has secured the reinsurance branch licence by the International Financial Services Centres Authority (IFSCA) to operate as an IFSC Insurance Office (IIO) in India's Gujarat International Finance Tec-City (GIFT City).
The Life Insurance Corporation (LIC) of India announced that Mr Ramakrishnan Chander has been appointed CIO, according to the Business Standard.
India's construction insurance landscape is witnessing robust momentum, underpinned by rapid urbanisation and large-scale infrastructure development, according to a report by Aon.
Japanese insurance group, Dai-ichi Life Holdings, has signed an agreement with global business and technology transformation company Capgemini to establish an international digital transformation centre in India.
One of the newer life insurers in India Go Digit Life Insurance has recorded total gross written premium income of INR13.16bn ($153.48m) during the financial year 2024-25. This includes reinsurance inward.
India's insurance industry is experiencing a talent evolution with skill priorities that differentiate it from global markets. Insurance professionals in India lay a great store on leadership, according to a report released by the International Insurance Society (IIS).
Millennials and older gen Zs are leading the charge in international travel from India, making up 48% of outbound travellers, with 36% under the age of 35, says a new report.
Prudent Insurance Brokers has appointed Mr Shantanu Saran as chief business officer. In his new role, he will strategically growing Prudent, with responsibilities including identifying new opportunities for expansion, fostering relationships with stakeholders and implementing innovative strategies to drive overall success and profitability.
A silent health crisis is brewing within corporate India. Long known for focusing on traditional health insurance, Indian companies will have to redefine "value" in employee benefits, prioritising prevention, holistic care and addressing the unique needs of their workforce according to the new edition of Healthtech Plum's Employee Health Report 2025.
India has around 267m tobacco users, making it the second-largest tobacco consumer market globally, according to the World Health Organization's Global Tobacco Epidemic Report 2023.