The insurer said the order is not expected to have a material adverse impact on its financial operations at this stage, as it intends to challenge the decision.
The insurer expects its expanded bancassurance partnership with Central Bank of India to become a major growth driver, with annual business from the channel projected to reach ₹5bn (US$52.25m) within three...
Heibutzki will succeed Tom Wilson as Thailand country manager, while Allianz Re executive Sanghun Park is set to take over the group's general insurance business.
