Zurich Financial Services has moved into the Indian market in a joint venture with three local financial organisations.

It will hold a 26% stake in life and general insurance joint ventures with DCM Sriram Consolidated, which will hold 33.5%, Punjab National Bank, which will hold 26%, and Vijaya Bank, which will hold 12.5%.

The partners will sign agreements before seeking regulatory approval.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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