APAC

Allianz reveals top business risks for 2025

Natural catastrophes held the third spot in Asia.

Gallagher Re names new chief claims officer

He has more than 20 years of experience.

FM Global stresses insurance readiness amidst extreme weather in Asia

La Niña could emerge weakly in late 2024 and early 2025.

Insurance-linked securities proposed for cyber threats: Geneva Association

It will attract additional risk-bearing capacity from outside the sector.

T. Rowe Price boosts Asia team with senior hire

She brings over two decades of experience in investment and research.

Rate pressure continues in aviation insurance: Gallagher Re

The Jeju Airline loss calls for revising airline insurance pricing.

Insurers urged to focus on coverage gaps, resiliency

They are also told to leverage technology strategically to improve their business strategies.

WTW launches cyber insurance facility in Singapore, Hong Kong

AI was ranked amongst the top five emerging risks in Asia.

Asia-Pacific leads in marine insurance market share with 28%

Thanks to expanding manufacturing sector and increasing maritime trade.

APAC reinsurance sees rate reductions: Gallagher Re

Pricing also softened in smaller Southeast and North Asian markets.

Health insurance sector set for 8% annual growth

APAC is forecast to grow at the highest CAGR, fueled by chronic disease prevalence.

Sompo appoints new chief claims officer

He transitioned into insurance from a senior associate role at Deloitte.

Aon appoints ex-Lloyd’s CEO to top Climate, Reinsurance roles

He will report to Andy Marcell, CEO of Risk Capital.

Reinsurers set to achieve sub-90% combined ratios: Gallagher Re

The property catastrophe market saw reduced risk-adjusted pricing.

Markel reels in new executive to boost APAC operations

He previously worked at Zurich Insurance in London and Singapore.

Prudential unveils new chief economist

They hold over 30 years of industry experience.