Gisella Lobo is a Reporter at (Re)in Asia, covering the senior appointments, regulatory changes and strategic moves shaping Asia Pacific's insurers. Areas of specialty include people moves across life, non-life and broking, insurance regulation and public health schemes, and insurer deals in markets including India, Singapore, Hong Kong, South Korea and Southeast Asia.
The broker says more granular property-level data could help insurers distinguish between homes that share the same floodplain but face very different levels of exposure.
Former PROACT Australia co-founder Dave Stott will lead the rebranded business, bringing three decades of experience across underwriting, broking and international markets.
The life insurer will extend access to unit trusts through its tied-agency representatives from 2027 across a network of 5,400 financial representatives.
The name change, which took effect on 22 September, follows efforts by UK-based joint venture partner Prudential to transition from promoter to investor status in the insurer.
The move removes the requirement for prior regulatory approval to repatriate dividends and aligns intermediary rules with India's revised insurance and foreign investment framework.
The offering provides SMEs with bundled coverage tailored to their unique risk profiles, eliminating the need to purchase and manage multiple policies.
