AM Best expects underwriting profits from the platform-sold products to improve step by step as they scale, while profitable Samsung-linked commercial business keeps results steady.
Insurers are set to increase AI spending sharply through 2028, with APAC carriers projected to allocate a greater share of technology budgets to AI than global peers.
The regulator will check how insurers set and change actuarial assumptions before new rules on those assumptions are due to take effect on 1 January 2027.
The move removes the requirement for prior regulatory approval to repatriate dividends and aligns intermediary rules with India's revised insurance and foreign investment framework.
The cases have drawn attention to K-SURE's buyer-screening processes, with lawmakers urging a reassessment of underwriting standards and coverage approval practices.
Growing concerns over compliant fuels linked to engine damage are prompting calls for enhanced testing and closer scrutiny of bunker quality throughout the supply chain.
Based in Chicago from January, she will lead the broker's worldwide go-to-market strategy and sales, taking over from Anne Corona, now CEO of North America.
