PTI responds to increased loss ratio by tightening health and motor underwriting, yet faces a negative outlook due to recent capital erosion and riskier investment approach.
Baker joins from Aon and will be responsible for growth of the large client segment, focusing on complex risks including energy, cyber, climate, and political.
Jeanette Wong to succeed David Law as Chair of Prudential's Audit Committee and Shriti Vadera will become a member of the group's Remuneration Committee.
