PTI responds to increased loss ratio by tightening health and motor underwriting, yet faces a negative outlook due to recent capital erosion and riskier investment approach.
Jeanette Wong to succeed David Law as Chair of Prudential's Audit Committee and Shriti Vadera will become a member of the group's Remuneration Committee.
The IRDAI said Arbitration clause for all tariff-based contracts issued after 27 October 2023 were de-notified, changing a standard that has been in place since 2006.
