Leadership Moves: Bajaj General Insurance named former Manappuram Finance chief Deepak Reddy CEO-designate. He is due to take over in April 2027, subject to regulatory approval. Health Coverage: U.S. employer family premiums reached an average $28,303, up 5%; workers’ share rose 9% to $7,471, intensifying affordability pressures. Market Conditions: Insurance rates continued to soften across Asia, falling 6% in the third quarter, while Pacific rates dropped 12%. Hong Kong general insurance premiums moved the other way, rising 9.1%, driven by offshore reinsurance. India’s Outlook: General insurance growth is expected to remain modest in FY27 amid pricing pressure. IRDAI is also weighing agents’ objections to proposed commission caps and payout disclosures. New Products: SoFi and Prudential plan to offer term life insurance through SoFi’s app to its 15 million members, extending digital distribution. Legal Ruling: Florida’s Supreme Court said a 2021 law requiring notice before lawsuits cannot apply retroactively to older insurance claims, clarifying a long-running dispute.