All India articles
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NewsRenewals at 4/1 favour reinsurance buyers – Aon
A competitive reinsurance market saw “much improved pricing” for most buyers at the key 1 April renewal for Japan, South Korea and India, the reinsurance broker reported. Notably, the LA wildfires had little effect beyond loss-hit US insurers, according to Aon.
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NewsMunich Re appoints Hanh P&C treaty head for India & SE Asia
Hanh Nguyen will succeed Joachim Zagrosek from 1 March after serving as deputy.
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NewsAon names Nar to lead new India L&H reinsurance practice
Joining from Howden and Gen Re, respectively, Renuka Nar and Neha Shah are named by Aon in Indian life and health leadership roles.
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NewsAon names Sapra as India Reinsurance Solutions CEO
Aon’s Reinsurance Solutions business in Mumbai has a new chief executive.
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NewsAon: property cat ‘transitioning’ at April reinsurance renewals
Rates remain broadly flat at previous high levels, according to Aon’s latest Reinsurance Market Dynamics report, focused on the Asia Pacific 1 April 2024 reinsurance renewals.
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NewsIndia’s insurance sector to lead G20 growth, says Swiss Re Institute
Swiss Re forecasts 7.1% growth for the Indian insurance industry between 2024 and 2028, well above advanced or emerging market averages.
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NewsAon completes its return to India through Global Insurance Brokers acquisition
Aon has come full circle since 2015 when it exited its Aon Global JV, returning to the Indian market and buying out its former broking partner in full.
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NewsHowden appoints Agarwal as its India CEO
His predecessor Praveen Vashista steps up to be chairman of Howden’s India business.
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NewsCAT to the rescue: Govts, insurers must issue cat bonds for citizens’ financial protection from weather events
What it means for Indians, rich or middle class or poor, is that with cat bonds both insurers and governments will have more financial heft to insure better off citizens or aid poorer citizens.
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NewsAon brand replaces Anviti in India
Aon today announced that it will operate its insurance and reinsurance broking business under the Aon brand name in India effective immediately.
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NewsIndia’s insurance platform Turtlemint raises $30 million
Only a fraction of India’s 1.3 billion people currently have access to insurance. Insurance products had reached less than 3% of the population as of 2017, according to rating agency ICRA.
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Online onlyIRDAI proposes ‘ease of doing business’ for global reinsurers
A committee of the Insurance Regulatory and Development Authority of India (IRDAI) has proposed to put in place a system in place which would help foreign reinsurance company branches, reinsurers and Lloyd’s India in carrying out their operations seamlessly.
