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REINSURANCE GROUP
Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...- Extreme weather to drive $20 trillion in global spendingAnalysts note that companies involved in environmental adaptation and mitigation have already outperformed the broader market significantly.
- Commercial property insurer FM launches new insurance policy for manufacturers in IndiaThrough FM Essential, insurance company FM says it can support a broader group of manufacturing companies with their resilience journeys.
- Jio Financial shares jump 4% as firm inks 50:50 JV deal with Allianz for general, health insurance businessJio Financial Services shares jumped after it signed a binding agreement to form a 50:50 insurance joint venture with Allianz Group. The JV...
- Allianz, Jio Financial Services ink 50:50 insurance JV to tap India’s growing marketJio Financial Services and Allianz Group are partnering to launch a new insurance venture in India. This 50:50 joint venture will offer gen...
- Irdai keeps FY27 cession rate at 4%, backs GIC Re roleIrdai has maintained the mandatory 4% cession rate for FY27, directing general insurers to place this share with GIC Re. This decision aims...
- From insurance purchase to strategic risk management: A shift in Indian corporate thinkingIndian companies are increasingly integrating insurance into their broader corporate risk strategy, moving beyond a traditional, finance-ce...
- JC Flowers backs Niyam reinsurance bet as GIFT City gains tractionJC Flowers & Co. is investing in Niyam Group to launch a new Lloyd's Syndicate. This move aims to bring global capital into India's rapidly...
- Jio Financial Services shares in focus as firm likely to venture into life, general insurance business in 2026Jio Financial Services aims to launch general and life insurance businesses by 2026, subject to regulatory approvals, following its entry i...
- Allianz Jio Reinsurance begins operationsAllianz Jio Reinsurance Ltd, a new venture by Jio Financial Services and Allianz Group, has begun operations in India. This partnership aim...
- IRDAI nod for Allianz Jio Reinsurance and Kiwi GeneralIRDAI has issued Certificates of Registration to Allianz Jio Reinsurance and Kiwi General Insurance, granting them final approval to begin ...
- Jio-Allianz, Fairfax-backed Valueattics Re set to shake up India’s Rs 50,000-cr reinsurance marketIndia's ₹50,000-crore reinsurance sector is set for disruption with the entry of two new domestic players—Jio-Allianz, a joint venture betw...
- Foreign reinsurance units can repatriate up to 20% of excess assigned capitalAs per Irdai norms, the registration of branch offices of foreign reinsurers other than Lloyd's have 'assigned capital' and net owned funds...
- XL group to buy stake in Mahindra InsuranceUS-based LeapFrog Financial Inclusion Fund, which currently holds a 15% equity stake in the company, will purchase an additional 5% stake i...
- ITI Reinsurance gets final Irdai nod to begin operationsLast week, Irdai had granted R3 approvals to five global reinsurers to set up their branches in the country.
- US based Reinsurance Group gets initial nod to set up India branchThe company will now apply for final approval R-2, which is likely to be cleared by Irdai during its next board meeting, the official added.
- Ajit Jain's mind an 'idea factory', says Warren BuffettBuffett has been consistent in his praise for Indian-origin Jain, one of the key executives at the investor's sprawling Berkshire Hathway b...
- Indonesian earthquake aftershocks: Insurers may impose new restrictionsThe Indonesian earthquake may force reinsurers to impose new restrictions and lead to increase in premium and deductibles.
- $2 mn Buffett dinner may be free for Irda chief J Hari NarayanWarren Buffett who is visiting India to propagate his charity cause, has sought a meeting with insurance chief, for an unknown agenda.
- AIG's rating woes to shake up Indian reinsurance marketIndian non-life insurance companies are anxiously waiting to see the impact of AIG’s troubles on the ratings of its reinsurance arm.
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