The individual agent channel, which remains the primary driver of value creation, accounted for 85.9% of total VNB in 2025, contributing 39.3bn yuan, up 25.5% year on year.
Middle East conflict-driven energy disruption could test insurers’ resilience across the region, though insurers hold sufficient capital to absorb near-term stresses.
Ratings agency flags ongoing FX exposure and higher funding needs ahead of new capital standards, with asset-intensive reinsurance yet to gain traction.
The order is the largest in a series of income tax demands hitting India's life insurers, as the tax authority challenges the sector's treatment of reserves, fund losses, and exemption claims.
Allianz Group and Jio Financial Services Limited (JFSL) on Thursday named Sonia Rawal as chief executive officer of their newly launched reinsurance joint venture, Allianz Jio Re Limited.
In a joint...
