SBI Life profit climbs 4% to $18.3b in December period
New business premium rose to ₹31,326 crore from ₹26,256 crore in the same quarter last year. SBI Life Insurance profit for the period ended on 31 December, 2025 increased by…
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Category: News
GIFT City draws reinsurers as India offers 10-year tax holiday
The zone also provides exemptions on capital gains to attract offshore insurance capital. Many international reinsurers are seeking to operate in India’s Gujarat International Finance Tec City (GIFT City), according…
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Beazley valued at $11b as Zurich agrees offer terms
Cash proposal would pay 1,335p per share if the full dividend is included. Zurich Insurance Group has agreed in principle to the financial terms of a possible cash offer to…
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APAC insurers slump to 23% confidence in complex asset tools
Only 42% of regional executives rate their current systems as excellent for data integration. Asia-Pacific insurers are facing growing investment management challenges as they increase exposure to private markets and…
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Only 33% of retirees expect savings to last a decade: Axis Max Life
Even amongst those with health insurance 67% fear financial shortfall. Insurance penetration remains uneven across two key groups shaping retirement demand in India, a Axis Max Life Insurance survey showed.…
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Marsh’s net income inches up 2.5% in 2025
Insurance unit drives 12% revenue growth whilst consulting lags at 7%. Marsh reported a full-year 2025 net income of $4.2b, 2.5% higher year-on-year (YoY). “For the full year, we generated…
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ICICI rolls out Aon’s PathWise to tackle stricter capital rules
Firm consolidates actuarial tools to meet regulatory and performance demands. Aon and ICICI Prudential Life Insurance Company has partnered to deploy its PathWise actuarial modelling platform across the insurer’s operations.…
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Bharti AXA, Equitas SFB partner to push rural life cover in India
Tie-up spans 1,042 outlets across 18 states to grow rural protection sales. Bharti AXA Life Insurance, a subsidiary of Bharti Life Ventures Private Limited, and Equitas Small Finance Bank has…
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Aon names Karl Hamann as Philippines CEO
Veteran regional executive to lead integrated risk strategy in Manila. Aon Plc announced the appointment of Karl Hamann as CEO of the Philippines, effective 1 April. He will relocate to…
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Hong Kong insurers settle 85% of Wang Fuk Court fire claims worth $66.3m
IA confirms 1,032 claims closed but inspections stall final 156 cases. Hong Kong’s Insurance Authority (HKIA) said most insurance claims linked to the Wang Fuk Court fire have been processed,…
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