The move marks the reinsurer's latest push into Asia Pacific markets as it seeks to tap into India's growing demand for advanced reinsurance solutions.
The approaching storm has already forced evacuations across northern Philippines and could trigger Hong Kong's longest airport closure in recent history.
While the Taiwanese insurer continues to demonstrate very strong capital and earnings, S&P warned that its reliance on Mega Bank leaves it exposed to group-level risks.
The platform, launched in Hyderabad with IRDAI Chairman Ajay Seth officiating, marks the first step in India’s “Insurance for All by 2047” strategy and is expected to enable transactions by December 2...
