The IRDAI’s draft regulations would require Indian insurers to adopt Ind AS from April 2026, with parallel reporting and independent audit checks in the first year.
S&P raised Income Insurance’s stand-alone credit profile to ‘a+’ and maintained its stable outlook, citing improved capital clarity and continued government support expectations.
Swiss Re’s adoption of IFRS 17 saw it top AM Best's global IFRS 17 reinsurer rankings, as rate softening in Japan marked a year of change for Asia’s largest reinsurers.