India
Indian insurers can now invest in REITs, infrastructure trusts
This will boost the overall portfolio yield held by these firms.
Indian insurers can now invest in REITs, infrastructure trusts
This will boost the overall portfolio yield held by these firms.
India's LIC nets $24.4b in FY2021 new premiums
Its individual life business posted a first-year premium income of $7.5m.
Indian general insurers wary of growth outlook
The sector is still plagued by negative consumer sentiment, and there are concerns for the 2022 financial year.
Indian regulator issues rules on insurance ads
Insurers are required to file a copy of an ad within seven days of release.
Indian non-life GWPs jump 5.2% in FY2021
General insurers' premiums grew to $22.6b.
Indian insurers can now invest in fund of funds
But they can not invest into policyholder funds outside India.
India drafts rules for insurers offering trade credit insurance
A policy can grant an indemnity of up to 60% of trade receivables.
Online insurance platform Policybazaar planning $500m IPO
It is seeking a listing before end-2021.
Indian health insurance plans constant in Q1: report
The average price for an insured sum hit $283 and $371.
Indian lawmakers approve higher FDI for insurers
It will expand insurance penetration and boost valuation of insurers.
Indian regulator urges insurers to be more transparent
There should be systems for policyholders to track their claims.
Indian health insurers barred from raising premiums whilst upgrading plans
Insurers can still make minor modifications.
Indian cabinet OKs higher FDI limit for insurers
The revisions will now be introduced to Parliament.
Indian insurtech Turtlemint raises $46m in funding round
It will use the money to expand its distribution reach.
India mulls hiking LIC's authorised capital ahead of IPO
The life insurer's paid-up capital is currently at $1.4b.
India mulls capping banks' ownership stakes in insurers
It suggests that the central bank is looking for uniformity in ownership rules.
Indian insurers, paytech partnerships bring wider distribution
Insurers that have done so will reach a bigger client base with less cost.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
