Baker joins from Aon and will be responsible for growth of the large client segment, focusing on complex risks including energy, cyber, climate, and political.
Jeanette Wong to succeed David Law as Chair of Prudential's Audit Committee and Shriti Vadera will become a member of the group's Remuneration Committee.
The IRDAI said Arbitration clause for all tariff-based contracts issued after 27 October 2023 were de-notified, changing a standard that has been in place since 2006.