Industry participants say the proposed framework, set to launch by 2028, could reduce costs, improve operational efficiency and support broader adoption of captives and insurance-linked securities.
Actuaries are examining how quantum error correction breakthroughs could sharpen nat cat models and parametric pricing, though the technology would bring new risks.
The regulator is reshaping the insurance market through a five-year plan that extends regulatory reach to entire corporate groups, tightens capital standards, and pushes insurers to close the country's...
Brokers report growing interest in cyber insurance following the introduction of the DPDP Act, as buyers reassess limits, coverage and compliance exposure.