Fitch has identified correlated aggregation risk as the key near-term concern for specialty insurers, even as the agency maintains a broadly contained ratings outlook.
The Italian-headquartered insurer posted a record €8bn operating result globally, with Asia life business outpacing every other region in terms of growth.
Nadeem Mokashi appointed head of claims, Jyoti Krishnan as head of liability & specialty, Mayank Sharma as national head of liability and Sunny Goel as strategic business leader.