India
JLT gains approval for Indian joint venture
Jardine Lloyd Thompson is set to launch its operations in India following this summer's acquisition of a 26% stake in Sunidhi group's Independent Insurance Brokers.
Claims Awards Asia 2014: The winners
On 19 November the Asian claims community gathered to celebrate claims excellence at an awards ceremony in Hong Kong.
Ageas eyes general insurance opportunities in Asia
Frank van Kempen, Ageas chief commercial officer for Asia, has said Ageas's non-life arm has plenty of room for growth.
Cyclone Hudhud could trigger $400m of insured property claims, says AIR
Catastrophe modeler AIR Worldwide expects the deadly cyclone which hit East India on 12 October to cost between $100m and $400m of insured property claims.
Major claims expected from Cyclone Hudhud
Cyclone Hudhud, which hit East India on Sunday, has killed at least 25 people and caused disruption at major port Visakhapatnam.
Cyclone Hudhud kills at least five in East India
The cyclone arrived on India's East coast in the city of Visakhapatnam on Sunday (12 October) and killed five people.
Air India's premiums climb 15%
Air India has seen premiums for its fleet climb 15% on its 1 October renewal after a turbulent time for the aviation insurance sector.
$8.13bn of capital required for Indian insurers, says regulator
The chairman of India's insurance regulator has called for a capital increase of 500bn rupees ($8.13bn) into the sector.
Indian insurers face $107m loss over refinery
A vapour fire explosion at an oil refinery owned by HPCL-Mittal Energy in Bathinda, Punjab has triggered a major claim.
Over 460 dead from Pakistan and India flooding
460 people have been killed by horrific floods in India and Pakistan which have already displaced a million people.
Zensar targets Middle East with Agile partnership
Global software provider Zensar is partnering with Agile Financial Technologies as it ramps up its Middle East presence.
Indian select committee meets as South African firm readies investment
The long awaited insurance reforms in India have potentially moved a step closer with the first meeting of a new select committee.
Mastek UK appoints Khanolkar to lead insurance and financial services
Global enterprise application specialist Mastek UK has appointed Vidyesh Khanolkar as head of insurance and financial services division.
Indian Insurance Bill caught in parliamentary disagreements
The long awaited reforms to open up India's insurance industry to more foreign capital have yet again been held up.
C-Suite: El Nino's impact on India
Although not fully formed, the weather phenomenon El Nino already appears to be impacting on rainfall in India writes Graham Cook.
Insurers adopt watch-and-wait approach to India ahead of proposed FDI changes
The proposed increase in the foreign direct investment cap in Indian insurers from 26% to 49% may not have the desired effect if the conditions for investment are too stringent, according to market commentators.
Modi government revives long-awaited FDI hike
India’s new government has revived plans to increase the foreign direct investment ceiling to 49% from 26% but has proposed a number of safeguards, according to local media reports.
JLT acquires stake in Sunidhi Group broking subsidiary
Jardine Lloyd Thompson has completed the acquisition of a 26% shareholding in Independent Insurance Brokers Private, the Mumbai and Chennai-based insurance and reinsurance broking subsidiary of Indian financial services business Sunidhi Group.
Expectations rise for FDI increase in India
Last week leading insurer CEOs in India met the new Finance Minister Arun Jaitley to give their views on the upcoming budget.
India government eyes foreign investment increase
The new government of India wants the long-mooted change to the foreign direct investment cap back on the political agenda.
Interview: Gaelle Olivier, CEO, general insurance, Axa Asia
Gaelle Olivier, CEO, general insurance, Axa Asia speaks to Andrew Tjaardstra about the insurer's Asian expansion plans.
Interview: David Fried, CEO, Asia-Pacific, QBE
Editor, Asia at Post Andrew Tjaardstra interviews David Fried, CEO, Asia-Pacific QBE at the Australian insurer’s new regional office in Quarry Bay, Hong Kong.
Allianz's Asia-Pacific arm hit by stronger euro
Allianz's insurance unit across 14 countries in Asia-Pacific saw revenues and profits fall as the euro appreciated against Asian currencies.
Indian opposition to consider increase in foreign investment cap
As Indian political elections loom, the opposition party has pledged to consider raising the foreign investment cap in insurance from 26% to 49%.