India Weighs Easing Foreign Investment Rules in Sectors Such as Insurance July 8, 2019 By Aditya Kalra and Aftab Ahmed The Indian government on Friday [July 5] said it will consider further liberalizing foreign direct investment (FDI) rules in certain...
Arthur J. Gallagher Buys Minority Stake in India’s Edelweiss Insurance Brokers May 21, 2019 Arthur J. Gallagher & Co. announced it has purchased a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a wholly...
Munich Re Syndicate Singapore Partners with Lloyd’s Coverholder Nectar Specialty Risk April 18, 2019 Munich Re Syndicate Singapore (MRSS) has formed a partnership with Nectar Specialty Risk Pte Ltd. (Nectar), a Singapore incorporated limited...
India’s Shriram Capital Plans to Merge Its Units to Boost Insurance, Lending Businesses April 10, 2019 By Ganesh Nagarajan and Arijit Ghosh R. Thyagarajan, founder of Shriram Capital Group, said the Indian company is getting close to merging its listed units, a...
Munich Re’s India Partner Weighs Selling Health Insurer Stake: Sources February 13, 2019 By Ganesh Nagarajan Prathap C. Reddy and his family, founders of India’s Apollo Hospitals Enterprise Ltd., plan to sell their holdings in an...
Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5% December 31, 2018 Generali Group has finalized its agreement to increase its stake in its Indian insurance joint venture with Future Group to...
Indian Tech Billionaire’s Exit Pulls Corporate India Deeper into #MeToo Firestorm November 16, 2018 By Bruce Einhorn and Bhuma Shrivastava The surprise resignation of an Indian tech billionaire has pulled corporate India deeper into the #MeToo firestorm that’s been sweeping...
JBA Risk Management Launches India Crop Model for Re/Insurers as El Niño Looms November 15, 2018 JBA Risk Management (JBA), the UK-based modeling firm, has launched an India crop catastrophe model for the re/insurance market. More...
Indian Employers Pressured to Take More Seriously Surge in #MeToo Allegations October 12, 2018 By Alasdair Pal and Blassy Boben Pressure is building on major Indian employers to take allegations of sexual harassment more seriously after a surge in the...
Markel India Is Now Open for Business, Providing Specialist Facultative Reinsurance October 5, 2018 Markel International, the London-based specialist insurer and reinsurer, announced that its Mumbai office is now open and actively writing business....