Improvement in underwriting performance attributed to a lower expense ratio and operational scale expansion, though the agency noted earnings remain reliant on investment returns to offset losses
Strong distribution and regulatory expense controls lifted NBV in the first half of 2026, though the agency noted high equity exposure and a large single‑name stake heighten vulnerability to market vo...
Jain, at the insurer since 2015 and CIO since 2020, moves to the new role, while Bhatia steps up from fund manager with over 18 years' investment experience