IRDAI’s revised rules widen extension criteria for liaison offices to cover bilateral trade importance, FDI inflows, technology transfer and market development.
The company will consolidate its domestic operations and appoint a new leadership team effective Wednesday, 1 April 2026 to support growth in its insurance and global asset management businesses.
(Re)insurers made a record 162 venture investments in insurtechs in 2025, Gallagher Re reported.
She joins after over two decades with QBE.
The firm's Asia-Pacific regional manager said the new branch will complement its wider build-out across other key Asian markets.
Net income rose 15.1% to PHP64.79bn (US$1.12bn), even as benefit payments/losses totalled PHP155.93bn.
The findings are the latest in a series of compliance breaches drawing regulatory focus in Japan’s insurance sector.
The partnership aims to support embedded and on-demand products distributed via platform partners, using modular cover configured for different markets.
Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.
Insurance profit fell to A$724m, from A$957m last year, but IAG maintained its FY26 profit guidance.
She succeeds Chris Mackinnon and maintains her Singapore country role alongside her expanded APMEA responsibilities.
Insurers are facing increased claims and shifting exposures as Asia Pacific markets contend with both domestic unrest and cross-border disputes.