AGP Executive Report
Last update: 4 hours agoMotor Cover: India’s IRDAI will introduce a four-part car insurance structure and two-part cover for two-wheelers from December 15, separating liability, personal accident and damage protection to give customers clearer choices. Industry Deals: Amdocs is entering insurance technology with a $340 million deal to acquire EIS. CVS plans to split its insurance and healthcare services from its retail pharmacy business, with the separation expected in 2028. Reinsurance: Moody’s warns that new capacity in India could put downward pressure on prices, while Ageas Re says APAC pricing is softening faster than underlying risks are improving. Aon, meanwhile, is increasing its 2027 treaty co-insurance share to 35%. Climate Protection: The ECB’s Christine Lagarde called for a European public-private reinsurance scheme as extreme weather exposes gaps in catastrophe coverage; the UN has also launched a disaster insurance programme backed by Gallagher Re and Liberty Mutual.
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