David Carter called for a premium equalisation system, which would debit insurers with better than average risk and credits insurers with below-average risk.
Tyagi has been with the P&C insurer for over 15 years and is recognised for his contribution to the growth of their Retail, Commercial, and Rural businesses.
AM Best upgraded the Long-Term Issuer Credit Rating for the international subsidiaries from negative to stable, thanks to improved underwriting and operating performance metrics.
The program, which is fully sponsored by Allianz, will be conducted in 6 countries across Asia; top qualifiers have the chance to complete their training program in France.