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As smaller life insurers lose ground, will coronavirus drive consolidation?

Finance

11 May, 2020

As smaller life insurers lose ground, will coronavirus drive consolidation?

Small private-sector life insurance companies lost ground to their bigger peers as a slowdown began to singe the Indian economy ......

How will the insurance sector shape up in the next decade?

Finance

23 October, 2019

How will the insurance sector shape up in the next decade?

Until a few years ago, India’s insurance sector was seen as a playground of multinational firms looking to expand their ......

Premium
Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Finance

17 October, 2019

Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Canadian investor Fairfax Financial Holdings Ltd has sold its remaining stake in India’s largest private non-life insurer ICICI Lombard General ......

Insurance broker Marsh India to buy JLT Independent

Finance

16 October, 2019

Insurance broker Marsh India to buy JLT Independent

Marsh India Insurance Brokers Pvt. Ltd, a joint venture of Marsh & McLennan Companies and India-based Rampart Trust, has said ......

How the Budget aims to facilitate M&As, boost fundraising for new-age startups

Opinion

16 July, 2019

How the Budget aims to facilitate M&As, boost fundraising for new-age startups

Laying down the vision for a $5 trillion economy, Union finance minister Nirmala Sitharaman announced several proposals in the Budget ......

Lok Capital, IIFL AMC bet on digital insurance platform RenewBuy

TMT

02 July, 2019

Lok Capital, IIFL AMC bet on digital insurance platform RenewBuy

Digital insurance platform RenewBuy has raised Rs 130 crore ($18.85 million) in a Series B funding round led by impact ......

Raheja QBE ropes in Liberty General Insurance's Arora as MD

Finance

13 May, 2019

Raheja QBE ropes in Liberty General Insurance's Arora as MD

Raheja QBE General Insurance Co. Ltd on Monday said it has appointed Liberty General Insurance’s Pankaj Arora as chief executive ......

Premium
Oman India Joint Investment Fund to pick up stake in IPO-bound firm

Finance

19 March, 2019

Oman India Joint Investment Fund to pick up stake in IPO-bound firm

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has inked a second consecutive deal in the financial services ......

Standard Life's $510 mn offer for sale in HDFC Life fully subscribed

Finance

12 March, 2019

Standard Life's $510 mn offer for sale in HDFC Life fully subscribed

British insurer and asset manager Standard Life Aberdeen is raising Rs 3,557 crore ($510 million) by selling a 4.9% stake ......

Premium
Value Lens: Did Carlyle, True North pay ‘premiums' or strike bargains for insurance deals?

Finance

05 March, 2019

Value Lens: Did Carlyle, True North pay ‘premiums' or strike bargains for insurance deals?

The Indian insurance sector has largely been an arena for strategic investors. Private equity firms have generally been bit players. ......