India

India's budget proposals could help insurers woo foreign capital

A capital influx could allow the sector to develop distribution networks.

India's budget proposals could help insurers woo foreign capital

A capital influx could allow the sector to develop distribution networks.

Insurtech firm Cover Genius extends pet insurance to India

It will partner with Indian online pet supplier PetPal.

Indian motor insurance segment to shrink 27.2% in 2020

Lockdown measures have snowballed into a decline in premium collections.

India health claims surge 240% to $152.7m

Average claim per person reached $2,125.

India's short-term COVID-related insurance plans to push policy uptake

More people are likely to buy plans as COVID-related costs became more known.

Indian e-commerce firm Paytm buys out Raheja QBE General Insurance

Former owners Prism Johnson and Australia's QBE will divest.

India urges insurers to offer COVID-specific health policies

A lump sum benefit equal to 100% of the sum insured shall be payable.

India's general insurance sector to decelerate 4% in 2020

Sector growth has been adjusted at a CAGR of 6.2%.

Indian non-life insurance premiums dwindle 10.6% in April

Monthly premiums declined 11.3%, with the motor segment plunging 49%.

Indian life insurance sector to shrink 0.9% this year

The sector has reported a 32.6% decline in new business premiums in April.

India's life insurance posts 32.2% drop in first year premiums for March

Life Insurance Corporation of India continues to lose its market share.

Slowing economy to drag on Indian insurers' premium growth

But the low rate of insurance penetration is an opportunity for continued expansion.

Indian insurers see modest growth for FY2020 at 4-15%

Coverage stocks will likely meet annual premium equivalent (APE) growth expectations.

Ping An invests $70m in Indian auto tech firm CarDekho

This is Ping An’s first venture investment in India.