The life insurer will work with Singapore’s Institute of Banking and Finance and local universities to build practical skills in AI governance and reskill employees.
(Re)in Summary
• Mitsui Sumitomo Insurance (MSI) now holds at least a 12.5% stake in W. R. Berkley Corporation. • This triggers a requirement for the Berkley family to recommend an MSI designee...
As part of 'refreshed' strategy, reinsurer has raised L&H unit's 2026 income target to US$1.7bn, having completed a portfolio review in Australia, Israel, and South Korea.
The agreement expands LIC’s reach by adding YES Bank’s 1,295 branches and 235 business correspondent outlets to its network of more than 3,600 locations.