Aggressive pricing and weak solvency among several state-owned insurers could test India's insurance growth story despite favourable regulatory reforms, S&P says.
Life & Health reinsurance business emerged as an increasingly important earnings driver in the first half, as the group posted higher profits and appointed a new division chief.
The Bangkok-based director joins from Allianz Ayudhya, where he ran the insurer's international private medical portfolio across individual, SME, and large corporate business.
As the region's wealthy population expands, insurers are investing in global HNW platforms and bigger underwriting limits while navigating emerging risks from premium financing and portfolio concentra...
