All articles by Verdict Staff

Japan’s Tokio Marine to increase stake in Indian life insurance JV to 49%

Japan’s Tokio Marine, the foreign partner of India-based Edelweiss Tokio Life Insurance, is reportedly planning to raise its stake in the joint venture from 26% to 49%.

Star Union Dai-ichi Life Insurance Company launches new endowment assurance plan

Star Union Dai-ichi Life Insurance Company (SUD Life) has rolled out a new non-linked non-participating guaranteed return endowment assurance plan.

BCCL to buy Religare’s stake in Aegon Religare Life Insurance

Bennett, Coleman and Company (BCCL) has agreed to buy Religare Enterprises’s 44% stake in life insurance joint venture Aegon Religare Life Insurance.

Shifting the focus to group life

Steve Bridger, group risk director at Aviva, offers his views on trends and potential opportunities in the group life market.

Marsh acquires Sumitomo Life Insurance Agency America

Insurance broker Marsh has acquired Sumitomo Life Insurance Agency America (SLIA).

AXA to raise stake in India’s Bharti insurance JVs to 49%

French insurer AXA has reportedly received approval from the Indian government to raise its stake in two local insurance joint ventures with Bharti Enterprises to 49%.

AXA Gulf signs ten-year bancassurance deal with Bank Muscat

AXA Gulf has reportedly inked a ten-year partnership deal with Bank Muscat to provide life insurance and health products to the bank’s customers.

Reliance Life Insurance rolls out new health insurance plan

Reliance Life Insurance Company has rolled out a new health insurance plan, called Reliance Health Total.

Barclays Africa Group enters life insurance market in Kenya

Barclays Africa Group has launched Barclays Life Assurance Kenya, marking its foray in the Kenyan life insurance market.

LII 306, April 2015