Strong distribution and regulatory expense controls lifted NBV in the first half of 2026, though the agency noted high equity exposure and a large single‑name stake heighten vulnerability to market vo...
Jain, at the insurer since 2015 and CIO since 2020, moves to the new role, while Bhatia steps up from fund manager with over 18 years' investment experience
The industry's next priorities include stepping up anti-fraud awareness work, embedding new distribution rules, advancing risk management reforms and preparing for future catastrophe events.
Favourable underwriting in its core pet insurance portfolio drove 2026 results, though the agency noted the insurer’s small capital base leaves it exposed to volatility under stress
