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India Approves More Russian Insurers to Provide Marine Cover
May 13 2025 // India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key...
Airlines Re-Route, Cancel Flights Due to India-Pakistan Fighting
May 7 2025 // Airlines including United Airlines and Korean Air re-routed or canceled flights and about a dozen Indian airports were shut on Wednesday after India struck nine sites in Pakistan, raising fears of an escalation. India...
India Plans to Ease Nuclear Liability Laws to Attract Foreign Firms, Sources Say
Apr 21 2025 // India is planning to ease its nuclear liability laws to cap accident-related penalties on equipment suppliers, three government sources said, in a move mainly to attract U.S. firms that have been holding back due to the...
Peak Re Granted License to Open Reinsurance Branch in India
Apr 4 2025 // Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it was granted a reinsurance branch license in India. Peak Re has been authorized to write both property/casualty and life & health business,...
Allianz, Jio Financial Said to Reach Initial Deal for India Joint Venture
Mar 20 2025 // Billionaire Mukesh Ambani’s Jio Financial Services Ltd., has reached a preliminary agreement with Allianz SE to form an insurance business in India, according to people familiar with the matter. The move comes as the...
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