India: Finance Ministry senior official says govt may pump in more capital into state-owned general insurers

Published on February 12, 2024
The Finance Ministry may inject capital into three public-sector general insurance companies - United India Insurance, National Insurance and Oriental Insurance - to improve their solvency positions.
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China: P&C insurance market projected to exceed US$67bn by 2028

February 12, 2024
The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12.1% over 2024-28, from CNY271bn ($40.5bn) in 2024 to CNY428.3bn ($67.7bn in 2028, in terms of

New Zealand: Australian underwriting agency group undertakes first expansion abroad

February 12, 2024
Australia's Market Lane Insurance Group, a coverholder at Lloyd's, has set up a presence in New Zealand, in its first international expansion.