Manulife Financial Corporation and Mahindra & Mahindra (M&M) are forming a 50:50 life insurance joint venture in India. The partnership was announced in a 12 November press release by Manulife, noting that the deal remains subject to regulatory approvals.
EDME Insurance Brokers has appointed Mr Vinod Krishnan as CEO of its treaty reinsurance vertical, upon the completion of his current stint at Gallagher.
Global investment firm KKR is planning greater investment in its India insurance unit, through its insurance arm Global Atlantic.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued new guidelines establishing a comprehensive regulatory framework to help insurers and distribution channels identify, prevent, and manage fraud-related risks.
Tata AIA Life Insurance has launched its new Underwriting Rule Engine (URE), a digital platform that uses artificial intelligence and big data to make buying life insurance faster and more transparent.
Marsh McLennan has announced the appointment of Andrea Bono as CEO of Marsh McLennan India, Middle East, and Africa (IMEA), effective January 2026. Mr. Bono will report to Flavio Piccolomini, CEO, Marsh McLennan, International, and will be based in Dubai.
Removal of Goods and Services Tax (GST) from individual health insurance covers in India has had a positive impact on the sales of high-value health insurance plans according to a new study.
Blackstone, a global private equity giant, has acquired a 70% stake in New Delhi-based Ace Insurance Brokers in one of the largest transactions in India's insurance intermediary market, according to news platform, the Financial Express.
UK-based flood science specialist JBA Risk Management will open its first office in India in November 2025.
Early investments in social protection and resilience can slash India's climate-related losses by over 80% according to a new study.