Actuaries must move beyond modelling and pricing, (re)insurance executives said at AAC2026, citing gaps exposed by the pandemic, climate volatility and AI
The former Bajaj Allianz executive joins the newly licensed insurer with more than three decades of experience spanning health insurance, operations and business transformation.
Lower volumes in key non-life classes weighed on premiums, while stronger claims performance and lower reserve provisioning boosted the reinsurer's underwriting profit.
The deal forms part of Prudential's broader India strategy, alongside its health insurance venture and minority holdings in ICICI Prudential businesses.
