States have begun formalising disaster risk transfer with a blended parametric-and-indemnity home insurance programme offering cover of up to ₹1m (US$10,536.29) for below-poverty-line households.
Tan and Hsieh will lead commercial strategy for Southeast Asia and North Asia, respectively, while Muganza takes on an APAC growth strategy and sales enablement role.
The ratings agency affirmed the insurer's A- (Excellent) Financial Strength Rating and “a-” (Excellent) Long-Term Issuer Credit Rating, with a stable outlook.
The updated figure is built from high-resolution postcode loss data across property and motor hull lines, and includes maximum estimated hail size at postcode level.
