Bajaj General Insurance deepens its distribution reach into rural and semi-urban India through a tie-up with Vakrangee, amid low market penetration flagged by Economic Survey.
Appointments of Hongjuan Liu and Mark Czajkowski follow Manulife’s recent re-domiciliation and ongoing investment in AI and data initiatives in the region.
Cheong has been with the company since September 2025 most recently as deputy head of marine, while Lee first joined Berkley in 2016, most recently serving as head of marine.
Subsidiary of property conglomerate had its ratings affirmed, with AM Best noting a shift in its investment portfolio towards cash and high-grade fixed income assets.
The ruling sets an important precedent that insureds cannot invoke the presumption of loss by perils of the seas where investigation was possible but not pursued.
Taiwan's accounting reforms have triggered a sharp retreat from currency forwards, with six major life insurers halving their combined positions in just two months.
