Quote of the day by Ajit Jain: ‘Just because you don't find another Ajit…’ – inspiring lessons on leadership, teamwork and why strong companies grow beyond one person at Berkshire HathawayAjit Jain quote shows that strong companies do not depend on one person. Berkshire Hathaway can still grow even without him. His journey fr...
03 May, 2026, 01.15 AM IST
Berkshire Hathaway profit rises despite consumer stress, cash sets recordBerkshire Hathaway reported stronger Q1 operating profit despite economic headwinds impacting consumer businesses. Led by Warren Buffett an...
02 May, 2026, 08.04 PM IST
India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...
02 May, 2026, 06.42 PM IST
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...
23 Apr, 2026, 12.28 PM IST
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...
22 Apr, 2026, 07.11 PM IST
India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
21 Apr, 2026, 04.29 PM IST
West Asia war: Marine war-risk insurance tightens as reinsurers adopt no-market stanceWest Asia war: Reinsurers are pulling back marine war-risk cover amid heightened geopolitical risks after failed US-Iran talks, prompting I...
14 Apr, 2026, 01.21 AM IST
Ministries meet to put a cover on ships in war zoneIndian ministries are creating a sovereign-backed insurance plan. A $100 million Bharat Marine Pool is being formed by insurers to cover sh...
11 Apr, 2026, 09.57 AM IST
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...
09 Apr, 2026, 11.29 AM IST
Corp insurance premiums fall up to 80% this seasonCorporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense ...
01 Apr, 2026, 12.38 AM IST
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...
31 Mar, 2026, 05.11 PM IST
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...
26 Mar, 2026, 08.00 PM IST
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 ...
10 Mar, 2026, 12.55 AM IST
India's GIFT City attracts Lloyd's and other global reinsurers, sources sayMajor global reinsurers, including Lloyd's of London, are seeking Indian regulatory approval to establish operations in GIFT City, a low-ta...
30 Jan, 2026, 03.13 PM IST
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...
21 Jul, 2025, 12.28 AM IST
Foreign reinsurers to be operational in 6-9 months: IRDAPresently, state owned GIC Re is the only reinsurer operational in the country and foreign reinsurers have liaison office in India.
16 Dec, 2016, 07.35 PM IST
IRDA gives R1 nod to ITI for reinsurance businessThe reinsurance market in India is estimated to be $2billion. ITI Investment is a subsidiary of Fortune Financial Services, which is contro...
01 Jul, 2016, 05.06 AM IST