The Indian reinsurer’s return on equity rose to 9.2% in FY 2025 on stronger investment income, but elevated COR kept underwriting performance in the red.
Following the quake, the Philippine Institute of Volcanology and Seismology issued several tsunami warnings to coastal communities across the Southern region.
Global broker continues to restructure its Australia and New Zealand senior management, following Damian Schinck's appointment as President of Pacific operations in September.
The general insurance sector recorded a 13.2% year-on-year increase in premiums for September, driven predominantly by a 294% surge at the Agriculture Insurance Company of India.
