APAC

She was previously COO of Sun Life International in Bermuda.

17% of fixed income investments are now in private credit.

The market was valued at $1.9t last year.

Manulife Singapore also shared new digital initiatives.

Global losses from climate-related natural catastrophes reached $327b in 2024.

It cited continued operational strength and reduced earnings volatility as key drivers.

The second quarter saw a levelling off in losses.

Marsh has assisted in forming nearly 500 new captives, including 92 in 2024. 

Fixing EVs is expensive, leading many to declare these as a loss.

Nelson Castellanos has been named a Vice President and Fabien Guilhot has been appointed a director.

He also joins from Allianz Insurance Singapore.

The company is redefining responsible business through efforts like the Legacy Forest, Purple Truck mobile health unit, and ESG-driven insurance solutions.

Japan’s lack of generic PrEP options has made therapies inaccessible to most patients.

Risks also led to wider corporate bond spreads and declines in asset and commodity prices.

Pivný was most recently CFO of Allianz Poland.

All respondents either own or intend to buy insurance.