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Thursday, February 29, 2024

RGA appoints Sunil Sharma as India CEO

Reinsurance Group of America, RGA, has chosen Sunil Sharma to be its nation CEO for RGA India.

The appointment of Sharma as India CEO for RGA is topic to regulatory approval.

He holds greater than 30 years of expertise in insurance coverage and reinsurance markets globally.

As well as, he has held management positions in varied markets, together with India, the US, the UK, and Southeast Asia.

Earlier than becoming a member of RGA, Sharma served in excessive degree roles at Kotak Life for over a decade, most not too long ago because the president, chief actuary, and chief danger officer.

Arthur Ozeki, Government Vice President, Head of Asia Pacific, RGA, commented on the appointment: “Sunil brings a wealth of expertise to RGA India. His distinguished observe document in insurance coverage and reinsurance administration throughout varied international markets positions us properly for continued progress. We sit up for Sunil’s contributions in direction of strengthening our market presence and driving sustainable progress.”

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By GlobalData

Originally of 2024, RGA invested $12m in Israeli insurance coverage expertise firm DigitalOwl.

This infusion takes the entire funding raised by DigitalOwl to greater than $38m, marking the beginning of an unique international life and well being reinsurance partnership aimed toward integrating DigitalOwl’s expertise into RGA’s methods.

The collaboration is about to revolutionise RGA’s workflows by leveraging DigitalOwl’s AI capabilities, promising a brand new customary of pace, intelligence and effectivity in danger assessments.

DigitalOwl’s LinkedIn publish described the partnership as “a fusion of experience and expertise” that’s poised to redefine business benchmarks.

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