insurance

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Finance

27 March, 2023

True North eyes spectacular returns from financial services deal

True North, one of India’s oldest private equity (PE) firms, which is on track to raise its seventh mid-market fund ......

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Finance

24 January, 2023

Insurtech startups looking at revival this year after a cold 2022

Equity fundraising by insurtech startups fell 39% in 2022 but industry experts say this year may mark a revival. These ......

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Finance

27 September, 2022

RenewBuy seeks to raise up to $100 mn in fresh capital

Insurtech startup RenewBuy has appointed Kotak Mahindra Capital to advice on its plan to raise $75-100 million, said three people ......

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Finance

02 December, 2021

Westbridge Capital-backed Star Health to cut OFS size amid weak demand for IPO

The initial public offering of Star Health and Allied Insurance Co Ltd will cut its offer for sale (sale of ......

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Consumer

30 November, 2021

GIC, ADIA and others infuse $429 mn in Star Health IPO as anchor investors

Chennai-based Star Health and Allied Insurance has raised Rs 3,217.13 crore (approximately $429 million) from 62 anchor investors including sovereign ......

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Finance

11 May, 2020

As smaller life insurers lose ground, will coronavirus drive consolidation?

Small private-sector life insurance companies lost ground to their bigger peers as a slowdown began to singe the Indian economy ......

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Finance

17 October, 2019

Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Canadian investor Fairfax Financial Holdings Ltd has sold its remaining stake in India’s largest private non-life insurer ICICI Lombard General ......

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Finance

19 March, 2019

Oman India Joint Investment Fund to pick up stake in IPO-bound firm

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has inked a second consecutive deal in the financial services ......

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Finance

05 March, 2019

Value Lens: Did Carlyle, True North pay ‘premiums' or strike bargains for insurance deals?

The Indian insurance sector has largely been an arena for strategic investors. Private equity firms have generally been bit players. ......

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Finance

22 February, 2019

Standard Life in talks to offload more stake in HDFC Life Insurance

UK-based investment management firm Standard Life has initiated talks to sell a part of its stake in listed insurance provider ......