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W. R. Berkley Launches Branch Office in India

Dec 19 2024 // W. R. Berkley Corp., the Greenwich, Connecticut-based insurer, announced that Berkley Insurance Co. has received regulatory approval to launch a branch office in India.The new branch, Berkley Insurance Co., IFSC Branch...

Aviva’s India Officials Approved Brokerage Model Queried by Taxmen

Dec 13 2024 // An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company...

Police Summon Aviva India CEO in Discrimination Case, Company Denies Allegations

Oct 30 2024 // Indian police have summoned Asit Rath, the chief executive of British insurer Aviva in the country, as part of an inquiry into a former employee’s accusations of religious discrimination at work, documents seen by...

Ambani’s Jio in Talks With Allianz for Insurance JVs in India

Oct 23 2024 // Jio Financial Services Ltd., controlled by billionaire Mukesh Ambani, has held talks with Allianz SE to set up an insurance partnership in India as the German firm seeks to scrap two existing joint ventures in the country,...

Allianz Mulls Ending Decades-Old Bajaj Insurance India JVs

Oct 22 2024 // Allianz SE is in talks to scrap two Indian joint ventures with Bajaj Finserv Ltd., in a dispute over the direction of the partnership, according to people familiar with the matter.Allianz plans to exit Bajaj Allianz Life...

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