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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 numerous markets, together with India, the US, the UK, and Southeast Asia.
Earlier than becoming a member of RGA, Sharma served in excessive stage roles at Kotak Life for over a decade, most not too long ago because the president, chief actuary, and chief threat officer.
Arthur Ozeki, Govt Vice President, Head of Asia Pacific, RGA, commented on the appointment: “Sunil brings a wealth of expertise to RGA India. His distinguished observe report in insurance coverage and reinsurance administration throughout numerous world markets positions us effectively for continued progress. We stay up for Sunil’s contributions in the 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 world life and well being reinsurance partnership aimed toward integrating DigitalOwl’s expertise into RGA’s programs.
The collaboration is about to revolutionise RGA’s workflows by leveraging DigitalOwl’s AI capabilities, promising a brand new commonplace of velocity, intelligence and effectivity in threat 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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