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Liberty Mutual Insurance raises stake in Indian venture
Liberty Mutual Insurance has boosted its stake in Liberty General Insurance to 74 percent. This move strengthens its position in India's non-life insurance sector. Liberty General Insurance began operations in 2013. The insurer reported a 25 percent increase in gross written premium in FY26. Its market share was 0.84 percent at the end of March 2026.
Arohan Financial Services files IPO papers; eyes ₹600 cr via fresh issue
Microfinance institution Arohan Financial Services has filed preliminary papers with market regulator Sebi to raise funds through an initial public offering (IPO), comprising a fresh issue of shares worth Rs 600 crore. Apart from the fresh issue, there will be an offer for sale (OFS) of4.04 crore shares by existing investors, according to the draft red herring prospectus (DRHP) filed with Sebi. US Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation,Aavishkaar Goodwell India Microfinance Development Company-II Ltd,Tano Capital, TR Capital III Mauritius, and Danish Sustainable Development Goals Investment Fund,among other existing investors, will offload shares. Proceeds from the fresh issue will be used to boost the company's capital base and for general corporate purposes, the draft papers filed last week showed. Earlier in January, Arohan Financial Services Managing Director Manoj Kumar Nambiar stated that the company .
Liberty Mutual Insurance raises stake in Indian arm to 74 pc
Liberty Mutual Insurance has increased its stake in Liberty General Insurance to 74%, strengthening its commitment to India’s fast-growing insurance market. Following an earlier stake hike in September 2025, the company plans to expand distribution networks and deepen its presence across retail and commercial insurance segments, while capitalising on rising insurance penetration opportunities in India.
Jio Financial to invest ₹4.95 crore for 50% stake in Jio Allianz General Insurance JV
Jio Financial Services Limited will invest ₹4.95 crore towards the initial subscription of 49,50,000 equity shares of face value ₹10 each. Shares of Jio Financial Services ended 0.5% in the green on Wednesday, May 13. The stock has fallen over 21% in the year so far.
Jio Financial and Allianz Group formally launch 50:50 insurance JV
Jio Allianz General Insurance has been incorporated. Jio Financial Services and Germany's Allianz each hold a 50 percent stake. The new company will offer general insurance, including health insurance in India. This follows Allianz's earlier exit from a joint venture with Bajaj Finserv. The incorporation marks a new chapter for insurance services in the country.
Royal Sundaram General Insurance Co. standalone net profit rises 136.62% in the March 2026 quarter
Sales decline 1.81% to Rs 867.86 crore
HDFC Ergo General Insurance Company standalone net profit rises 124.99% in the March 2026 quarter
Sales decline 6.59% to Rs 1746.82 crore
SBI General Insurance Company standalone net profit rises 478.90% in the March 2026 quarter
Sales rise 12.60% to Rs 2649.48 crore
Q4 Results Highlights: CEAT profit jumps 144%; Go Digit General Insurance profit up 29%
Q4 Results LIVE Updates: It is an important day today with regards to results, as India's largest passenger car manufacturer, Maruti Suzuki India Ltd., and food delivery-to-quick commerce operator Eternal, will be reporting results today. Besides these, there are plenty of broader market names, such as Bandhan Bank, Sapphire Foods, Castrol India, CEAT, Star Health, Piramal Pharma, REC, Motherson Sumi Wiring, Sanofi India, Sanofi Consumer Health, Leela Palace Hotels and many others will be reporting their results today. Watch this space for all the LIVE updates.
Go Digit Q4 net profit up 29% on higher premium income
Q4 AUM rose 16.3% to ₹22,922 crore from ₹19,703 crore last year. The combined ratio stood at 111.6% versus 111.3% in the same quarter last year. Shares of Go Digit General Insurance Ltd ended at ₹316.50, up by ₹3.40, or 1.06%, on the BSE today, April 28.
Jio Financial shares jump 4% as firm inks 50:50 JV deal with Allianz for general, health insurance business
Jio Financial Services shares jumped after it signed a binding agreement to form a 50:50 insurance joint venture with Allianz Group. The JV will focus on general and health insurance in India, formalising a partnership first announced in July 2025.
Jio Financial shares gain 3% after board approves 50:50 Allianz JV to enter general insurance
Jio Financial and Allianz are also working towards a separate binding agreement to set up a life insurance venture in India.