India’s public sector general insurers continue to face pressure from weak combined ratios, low returns and may require a sizeable capital infusion by FY2026.
Amid volatile tariffs and shifting trade routes, Otonomi founder Yann Barbarroux is betting on parametric cargo delay cover to help address supply chain underinsurance.
Insurance Authority targets family offices and private bankers as it ramps up efforts to close Asia’s protection gap and deepen the city’s capital market role.
90% decline in net income comes following significant reserve release in 2023 alongside slower topline growth, but Fitch projects profitability to normalise going forward.
