The incorporation of Mahindra Manulife Insurance marks an early step in the companies push to address India’s protection gap with a digital-first model.
NFRA has set out requirements across four key pillars, while stressing firms must pursue high-quality development and compete in an orderly way to prevent market chaos.
The initiative brings together regulators and industry executives across ASEAN to discuss longevity, AI adoption and resilience in the life insurance sector.