He will be stepping down on May 2026, having overseen the regulator’s biggest restructure in 15 years, a doubling of investigations, and a 20% rise in civil proceedings.
Violent demonstrations in Kathmandu caused extensive damage to businesses and institutions, with reinsurance, primarily through Nepal Re, expected to cover the majority of industry losses.
Although North America and Europe dominate the cyber insurance market, Swiss Re noted that there is significant potential for future growth in the Asia Pacific Region.
The platform, launched in Hyderabad with IRDAI Chairman Ajay Seth officiating, marks the first step in India’s “Insurance for All by 2047” strategy and is expected to enable transactions by December 2...
Ng, currently Chief Executive Officer of AIA Malaysia, will step into the Group CRO role in January 2026, succeeding Jayne Plunkett, who is set to retire.
