Set to launch in November 2026, the policy will be reviewed and expanded over time to align with technological advancements and the adoption of AI across society.
The former Manappuram Finance chief executive, who previously spent 17 years at Bajaj Finserv, will take over as MD and CEO on 1 April 2027, subject to approval from India’s insurance regulator.
Sales at Prudential of Japan and Gibraltar Life’s Life Consultant channel stay suspended until 31 January 2027, and the longer-term earnings effect will depend on how fast sales recover.
Backed by double-digit revenue growth in 2026, PVI Insurance is partnering with one of Thailand's largest banks to support its expansion across Asia Pacific.
The acquisition of the specialist insurance MGA comes as AUB continues to build scale across its agencies portfolio while expanding its insurer and market partnerships.
The launch is expected to support Sompo's efforts to expand access to syariah-based protection as Indonesia's insurance sector moves towards higher minimum capital requirements.