Ratings agency cited uncertainty over planned capital injections and ongoing regulatory changes as key factors in its latest review of the Indonesian insurer.
Aviation and personal accident posted another month of outsized gains, rising 78.9% and 27.6%, while miscellaneous and fire extended last month’s fall.
Tan and Hsieh will lead commercial strategy for Southeast Asia and North Asia, respectively, while Muganza takes on an APAC growth strategy and sales enablement role.
