Zurich-based reinsurer Echo Re will soon open a reinsurance branch office in Gujarat International Finance Tec-City (GIFT City) to strengthen its decade old presence in India. The company received the approval from the International Financial Services Centres Authority (IFSCA) of India on 12 March 2026 to open its branch office.
The Insurance Regulatory and Development Authority of India (IRDAI) has given approval to Kiwi General Insurance to operate in the Indian market.
The Insurance Regulatory and Development Authority (IRDAI) has granted approval for Allianz Jio Reinsurance, which will now be the second private reinsurer in the Indian market.
The Insurance Regulatory and Development Authority of India (IRDAI) proposes to implement Indian Accounting Standards (Ind AS) for all insurers with effect from 1 April 2026.
Global trade credit risk management group Coface has forecast global growth of 2.6% this year, a slight easing from 2.8% in 2025. The forecast was made before 28 February when the US-Israel vs Iran military conflict began.
QBE Insurance Group, the Australia-headquartered general insurer and reinsurer, is poised to take full ownership of Raheja QBE General Insurance Company, pending regulatory clearance.
India's health insurance market is experiencing rapid digital transformation and broader coverage expansion, but continues to face challenges in awareness, standardisation and affordability, according to a report by Aon.
Indian youth in the 18-34 age group score poorly globally on mental health well-being, while older Indians have relatively performed better on various mental health parameters according to the "Global Mind Health in 2025" report.
The attacks on Iran by the US and Israel, followed by retaliatory strikes by Iran on several countries allied to the US, including the UAE and Saudi Arabia, will have a profound impact on the insurance market at large. India is also likely to be significantly impacted.
Manulife and Mahindra & Mahindra have appointed Mr Suresh Agarwal as the Managing Director and CEO designate of its proposed life insurance JV, effective 1 May 2026 and subject to regulatory approvals.