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.
Reinsurers and brokers are exploring new programme designs to balance capital efficiency with growing digital risk exposures as cyber insurance continues expanding across global markets.
The proposed fund, intended for building hard infrastructure against flooding in high-risk communities, would be co-invested by federal and state governments over 10 years.
