This new practice aims to drive significant capital into the Indian insurance market by facilitating entry for cross-border reinsurers and supporting the growth of the sector in line with the Indian Government’s objectives.
To lead this initiative, Aon has appointed Renuka Nar as Head of Broking and Neha Shah as Chief Actuary. Both will report to Shailendra Sapra, CEO of Reinsurance Solutions in India.
Renuka Nar, joining from Howden, will be responsible for developing Aon’s life and health reinsurance services, crafting a robust business strategy, and fostering strong relationships with reinsurance markets across the Asia Pacific region.
Neha Shah, who joins Aon from Gen Re India, will lead the actuarial service offering and play a crucial role in executing the practice’s strategic vision. She will also collaborate with Aon’s life and health reinsurance teams across the Asia Pacific and globally.
A key highlight of this new practice will be access to Aon’s advanced tools, such as the Life Risk Modelling Suite. This cutting-edge platform, powered by GPU technology, provides clients with high-speed, automated, and governed solutions for pricing, projections, valuation, and hedging.
“We are thrilled to launch this dedicated life and health reinsurance practice in India,” said Shailendra Sapra, CEO of Reinsurance Solutions in India. “This initiative is designed to accelerate market growth and address the evolving needs of our clients through innovative solutions and enhanced capacity. With the leadership of Renuka and Neha, we are confident that this new capability will empower our clients to make more informed and successful business decisions.”
Join AON Leaders at Insurtech Insights Europe 2025 in London
Join AON leaders at Insurtech Insights Europe 2025 on March 19 to 20 at The O2 Intercontinental, London. Multiple leaders at AON are confirmed to offer valuable insights at the event. For more information, visit here: ITI Europe 2025
