Underlying earnings improved even as equity‑sale gains faded, with strong international profitability and lower nat‑cat losses more than offsetting a softer Japan P&C result.
Prudential’s planned acquisition of a 75% stake in Bharti Life Insurance will trigger regulatory requirements on its shareholding in ICICI Prudential Life Insurance.
The Department of Financial Services also ordered meetings to be held virtually where possible, while calling for a phased transition from petrol and diesel vehicles to electric cars.
The new facility will provide property damage and business interruption cover for both nuclear-critical and conventional risks, from construction to operation.
Premiums for medium-to-high risk homes dropped and quote success rates rose, but lowest-risk areas saw a 31% premium rise driven by broader market forces.
