MWB Global Risks Industry Guide: Understanding Multinational Insurance. As organizations expand through acquisitions, subsidiaries, joint ventures, and international operations, insurance programs often become fragmented. Without a coordinated global framework, businesses may face regulatory challenges, inconsistent coverage, claims disputes, coverage gaps, and limited visibility into their overall risk profile.

India’s insurance sector is undergoing a significant regulatory shift as the Insurance Regulatory and Development Authority of India (IRDAI) moves intermediary oversight away from periodic registration and toward a model built around perpetual registration, continuous compliance and greater accountability.

The amendments released by India's IRDAI shifts the country toward a continuous registration and compliance model, while strengthening governance, transparency, accountability and regulatory oversight across the insurance distribution sector.

On 23 December 2025, the Agency for Regulation and Development of the Financial Market adopted Resolution No. 82, introducing a key provision that requires that insurance brokers disclose their minimum and maximum commission ranges, as well as any affiliated or formal relationships with (re)insurers. The disclosure requirements entered into force on 1 February 2026, formalizing enhanced transparency standards within the insurance distribution process.

Today's supply chains are exposed to a growing range of challenges, including climate-driven disruptions, geopolitical tensions, cyber threats, infrastructure constraints, regulatory complexity, and supplier financial instability. These risks rarely occur in isolation. A single disruption can cascade across suppliers, transportation networks, manufacturing operations, and customers, creating significant operational and financial consequences.

This MWB Global Risks Report provides a focused overview of Directors & Officers (D&O) insurance, explaining how policies are structured and how they respond to real-world claims involving corporate leadership. It examines the three core coverage components—Side A, Side B, and Side C—alongside key provisions that influence how coverage is triggered and applied.