India: RBI Central Board greenlights risk-based deposit insurance framework for banks

Credit rating agency AM Best has revised its outlook on Mexico’s insurance segment to negative from stable, attributing the change to the elimination of a fiscal credit on value added tax paid to third parties, including hospitals, as well as on other claims-related expenses.According to AM Best, this regulatory change could reduce insurers’ expected net profits for 2025 by as much as 40%. The age