States have begun formalising disaster risk transfer with a blended parametric-and-indemnity home insurance programme offering cover of up to ₹1m (US$10,536.29) for below-poverty-line households.
Tan and Hsieh will lead commercial strategy for Southeast Asia and North Asia, respectively, while Muganza takes on an APAC growth strategy and sales enablement role.
Building on record VNB growth in 2025, the insurer sustained its momentum into the first quarter of 2026, supported by strong growth in new business volumes.