The country is set to become a reinsurance hub with the International Financial Services Centre Authority (IFSCA), India's first single regulator for the Gujarat-based International Financial Services Centre (IFSC), announcing…
The three PSU non-life insurers - National Insurance, Oriental Insurance and United India - are dealing with uncertainty on multiple fronts. The Delhi high court order setting aside directors' appointments…
General Insurance Corporation of India Limited (GIC Re) reported four-fold jump in its net profit to Rs.1,010.55crore for the quarter ended September 30. The public sector general insurer had posted…
In 2020, every 100 road crashes claimed, on an average, 37 lives as recorded by police across the country, the most in the last five years. Overall road deaths, however,…
More than 80% of Indians live in climate vulnerable districts, and Assam, Andhra Pradesh, Maharashtra, Karnataka and Bihar are states most vulnerable to extreme climate events such as floods, drought…
SBI General Insurance announced its technological collaboration with Google Pay that will enable users to buy SBI General's health insurance on the Google Pay app. "This is in line with…
Digital payments company Paytm announced that its associate, Paytm Insuretech Ltd (PIT), has entered into a strategic partnership with Swiss Re. Swiss Re, a leading provider of reinsurance, insurance and…
Ola Financial Services (OFS), a subsidiary of Ola, is looking to expand its insurance business internationally to support the company's mobility service through products designed for the UK and Australia…
Russia’s general insurance industry is expected to gain momentum over the coming years after seeing slow growth over the pandemic period, according to GlobalData. The leading data and analytics company forecasts…
424 insurers currently partnering with rights holders, with active contracts worth $5.17 billion over their duration. Majority of insurance firm spend targets the soccer market, with $333 million spent…