Browsing: India

Jio Financial Services and Allianz are in preliminary agreement to establish an insurance business in India, according to a Bloomberg News report.

Reliance group’s Jio Financial Services has reached a preliminary agreement with Allianz SE to form an insurance business in India, according to a Bloomberg News report.

Shardul Amarchand Mangaldas & Co. acted as legal counsel to Bajaj Finserv in its proposed acquisition of Allianz SE’s stake in their insurance joint ventures, a deal valued at approximately $2.8 billion.

Prudential Plc, based in the UK, plans to establish a health insurance company in collaboration with HCL Group.

Prudential, a London and Hong Kong-based insurer, is set to establish a health insurance joint venture in India with the HCL Group’s Vama Sundari Investments.

First-year premiums in India’s life insurance sector fell by 11.6% in February, while the number of policies and schemes also decreased.

India’s banks are stepping up to finance aircraft, but critical factors could determine the success of the country’s aspirations to become a global leasing hub.

An overview of the content available on The Hindu e-paper from March 18, 2025, highlighting various sections and topics.

Bajaj Finserv’s Chairman and Managing Director, Sanjiv Bajaj, believes the Indian insurance sector is poised for a decade of significant growth, driven by low penetration rates and increasing demand for financial security.

India’s Life Insurance Corporation plans to enter the health insurance market, signaling a strategic shift.