China's property insurance market is poised for a five-year expansion, with Hong Kong's Wang Fuk Court fire sharpening focus on the home insurance protection gap that insurers are racing to close.
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.
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.
