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HEALTH REINSURANCE MARKETS
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.- 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...
- Protection gap in India at Rs 480 lakh crore, says IRDAI"Over Rs 6 lakh crore of insurance premium was collected in India in 2017. The potential is even bigger," says T S Vijayan, chairman, Irdai
- GIC Re makes tepid debut on D-St, lists at 6.8% discount over issue priceGIC is the largest reinsurance company in India in terms of gross premiums in fiscal 2017.
- GIC Re launches India’s 3rd biggest IPO on Wednesday; here's what you must knowGIC writes reinsurance for every non-life and over half of the life insurance companies in India.
- For industry to be sustainable, pricing discipline has to come: Alice Vaidyan, GICThere is a scope of increasing price in volatile lines of businesses like health and agriculture
- Munich Re to open reinsurance branch office in MumbaiMunich Re is one of the first foreign reinsurers to receive approval for a dedicated branch in India following the 2015 amendment of the In...
- 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.
- 10 new players apply to Irdai to start operations in India"The regulator is currently processing applications of ten players consisting of insurers and re-insurers," IRDA member (Finance and Invest...
- Insurance Act to help re-insurers enter Indian market: JLTOpening of insurance sector will lead to more insurance premium being retained and lesser dependence on international market, says Jardine ...
- Reinsurer Swiss Re plans to enter IndiaSwiss Re is planning to set up shop in India after the country permitted foreign companies that cover the risk of insurers to open branches...
- Insurance regulator should not over regulate reinsurance: Swiss ReThe insurance regulator should not over regulate reinsurance, in order to help grow the market, said Robert Burr Asia head for Life and Hea...
- Budget 2013: Need to make insurance more affordable for common man, says Ajay Bimbhet, Royal Sundaram Alliance Insurance CompanyNon-life insurance segment has a very high potential to grow. However, in the absence of incentives, individual prefer saving instruments.
- Premium on mega risk policies falls by up to 20%Oil rigs and aviation companies' insurance cost may fall by a fifth, following the softening of rates at reinsurers due to easing risk perc...
- Swiss Re scouts for life and health partnersReinsurance giant Swiss Re is looking for an Indian partner for its proposed venture into life and health insurance.
- TDS haze could raise your health cover costHealth insurance premiums could soar if the forthcoming Budget does not clarify on the issue of tax deduction at source for non-life insura...
- Religare may launch health insurance by April '10Religare Enterprises plans to roll out its health insurance business by April 2010 even as it continues to scout for a foreign partner for ...
- Religare, Swiss Re to float health insurance JVReligare Enterprises Ltd and Swiss Reinsurance Company on Monday signed a non-binding agreement to develop a health insurance joint venture...
- Insurers' discounts may push up reinsurance ratesTaking last year’s premium and claims paid as a benchmark for the simulation, the reinsurer has told insurance cos that claims for this yea...
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