Lockton has announced the appointments of Mr Jaideep "Jay" Sharma as CEO of Lockton India, subject to regulatory approval, and Mr Nicholas "Nick" Lee as CEO Designate of Malaysia, of Lockton Sime.
The Indian government has allowed 100% FDI in domestic insurance companies under the automatic route, while retaining a 20% foreign investment cap for LICI, subject to IRDAI regulations.
India's insurance industry is expected to move into a slower growth phase in FY27. Life insurance premiums are projected to rise by 8-11%, while general insurers are likely to record high single-digit growth, as the sector adjusts to regulatory changes alongside heightened geopolitical and market uncertainty, according to a report by the Telegraph.
Data collated from over 6,000 medium, small and micro enterprises (MSMEs) has revealed that workplace risk management and insurance adoption in India's MSME ecosystem is growing significantly, according to a new analytical study by InsurTech BimaKavach.
The escalating conflict in the Middle East is not merely a geopolitical development but a structural stress test for India's risk management architecture. India's dependence on global energy markets, trade networks and financial systems has far-reaching implications. Asia Insurance Review spoke with Dr Sonjai Kumar, an Indian risk management professional.
India continues to emerge as a standout destination for M&A in 2026, offering investors a rare combination of growth potential and increasingly predictable risk dynamics.
PNB MetLife India Insurance (PNB MetLife) has launched a new savings and protection product.
Health insurance coverage in India increased sharply to 47.4% in rural areas and 44.3% in urban areas during the last eight years, according to the 80th round of the National Sample Survey (NSS).
Niyam Group has received Lloyd's approval for its Syndicate 2047. The group has also announced the appointment of Mr Devesh Srivastava as its Chairman
The petroleum supply shock from the Iran-US War looks likely to cost global GDP growth about 0.5% - 0.6% with potential losses rising the longer the Strait of Hormuz remains effectively closed, said Eastspring Investments in its quarterly outlook report.