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 executive will spearhead IBISA's growth strategy in India, targeting opportunities across lending, SMEs, renewable energy and other climate-exposed sectors.
A government-backed report points to captives and other alternative risk-transfer mechanisms as insurers grapple with rising catastrophe and cyber exposures.
The partnership adds Lloyd's Asia to GAIP's growing network as the platform seeks to address regional protection gaps through greater industry collaboration.
The proposed transaction is expected to deepen cooperation between the companies across group medical and general insurance, subject to the satisfaction of multiple closing conditions.
Subramanian also pushed back against claims that the overhaul would lead to widespread job losses, adding that reforms would expand the distribution network.
