The Supervisory Board of Allianz SE has announced leadership and portfolio changes within the Allianz SE Board of Management.
AIA New Zealand has introduced a new life insurance product offering customers fixed premiums and lifelong coverage, responding to what the company describes as growing demand for long-term financial certainty.
London-headquartered RiverStone International has announced the establishment of an Australian operation, marked by the acquisition of locally domiciled RiverStone International Australia.
The Auckland High Court in New Zealand has imposed a final penalty of NZ$2.1m ($1.26m) on ASB Bank for fair-dealing breaches relating to its insurance and banking services.
Respondents in Asia Pacific have identified global supply chain paralysis and global Internet outrage as the two most plausible Black Swan scenarios, according to a Allianz Risk Barometer analysis.
New Zealand's financial services sector contributed NZ$16.1bn ($9.65bn) to its economy in the 12 months to September 2025, with the country's insurance industry being a major player, according to the latest "State of the Sector" report by the Financial Services Council (FSC) of New Zealand.
Gallagher Re has promoted Mr Richard Jones to the position of Chairman, APAC, and Mr Roshan Perera to the position of Managing Director, Head of APAC.
ACE New Zealand has announced a new multi-year partnership with Gallagher, which is geared towards supporting New Zealand's consulting and engineering community with insurance, risk management and employee benefit.
Insurance law firm Kennedys has promoted Mr James Melvin to the position of Regional Managing Partner for APAC, effective 1 March 2026, and Ms Nicole Wearne to the position of Australian Managing Partner.
Willis, a WTW business, has appointed Ms Michelle Ng as Head of Risk and Analytics, Pacific.