Intro:In a strategic move to accelerate growth in one of Asia’s most dynamic insurance markets, Assicurazioni Generali S.p.A. has appointed veteran insurance leader Krishnamoorthy Rao as Managing Director and Chief Executive Officer of its Property & Casualty (P&C) business in India. The appointment takes effect 1 April 2026. Why This Matters:Rao brings over 35 years […]
India’s non-life insurance industry is poised for steady medium-term growth of 8% to 11%, supported by a strong economic backdrop and sweeping regulatory reforms aimed at expanding insurance access, according to CareEdge Ratings. The sector’s gross domestic premium (GDP) reached ₹3.07 lakh crore in FY2025, reflecting a robust compound annual growth rate (CAGR) of 10.4% […]
India is poised to become the fastest-growing major insurance market globally by 2030, outpacing both China and the United States, according to a new outlook from Swiss Re. The reinsurer projects India’s insurance premiums to grow at a compound annual rate of 6.9% through 2030, driven by strong demand across life, health, and motor insurance […]
India’s life insurance industry recorded its strongest monthly performance in nearly two years in December 2025, signalling a solid recovery after earlier contractions in the year. According to CareEdge Ratings, new business premiums rose 39.5% year on year to $4.6 billion (₹421.5 billion) in December. This marks a sharp rebound from the 5.2% contraction seen […]
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