Earnings diversification has increased as overseas and group businesses account for a larger share of profits, supported by expansion in the US market.
Insurers are set to increase AI spending sharply through 2028, with APAC carriers projected to allocate a greater share of technology budgets to AI than global peers.
The name change, which took effect on 22 September, follows efforts by UK-based joint venture partner Prudential to transition from promoter to investor status in the insurer.
The move removes the requirement for prior regulatory approval to repatriate dividends and aligns intermediary rules with India's revised insurance and foreign investment framework.
Growing concerns over compliant fuels linked to engine damage are prompting calls for enhanced testing and closer scrutiny of bunker quality throughout the supply chain.
