The proposed commission caps have pushed PB Fintech to weigh a move into insurance manufacturing, while some insurers need little or no cost cutting to meet the proposed EoM limits.
Better underwriting in key segments and favourable reserve development have given the Indian export credit insurer strong technical earnings, though geopolitical risks remain.
With over 15 years of experience in health insurance, Singla is the latest in a series of hires by the insurer after it received its licence from IRDAI in July.