The acquisition, which includes Movo's extensive AR network and insurance technology platform, strengthens AUB Group’s footprint in the UK and builds on its previous investments in the region.
The new guidelines were developed after customers and consumer advocates voiced concerns about expert reports being unclear, putting “non-experts at a disadvantage.”
Despite logging a five-year average weighted 93.9% COR, AM Best downgrades ratings due to heightened economic, political, and financial system risks in Pakistan.
In conjunction with the PIA, the Council urges collaboration between government and industry while emphasising need for the right resources and tools to reduce vulnerability.
