IRDAI's push for commission-free policy sales on Bima Sugam signals the regulator's wider effort to rein in costs that have surged across the sector in recent years.
Underwriting performance at Hanoi Re recovered in FY 2025, driven by favourable loss reserve development, lower management expenses and higher premium rates.
Among the reforms outlined by GIAJ chairman Shinichiro Funabiki are the implementation of an Agency Business Quality Evaluation System and the formalisation of a Corporate Risk Management Advancement Support...
Lagging mitigation and rapid urbanisation are fuelling Asia’s outsized flood loss growth, while global catastrophe losses remain below long-term trend.
Roach joins from Marsh where he has worked for over 17 years, while Marsden is the broker's latest hire from Lockton, where he has worked for 14 years.
4.97bn rupee (approx. US$53.5m) scheme sees India joins a growing list of governments mobilising state-backed insurance support in response to conflict.
