The measures call for greater underwriting capacity, broader cover for geopolitical and Arctic shipping risks, and wider use of the renminbi in insurance settlements.
The acquisition bolsters Halliwell's ability to support clients across the property-risk lifecycle, from loss assessment and remediation to project delivery and dispute resolution.
Ajay Seth says IRDAI has checked its industry-sourced data repeatedly and will accept a better interpretation if one comes through the consultation with evidence to support it.
With over 15 years of experience in health insurance, Singla is the latest in a series of hires by the insurer after it received its licence from IRDAI in July.
Amid rising medical inflation in the region, the insurer and its insurtech venture have developed a model to standardise claims data, with the approach rolled out across six Asian markets.
