AXA XL has appointed Mr Guillaume Parard as head of P&C, Asia, effective 1 January 2025 and Mr Todd Wilhelm as head of specialty, Asia, effective 1 September 2024.
Beazley has appointed Ms Jessica Schappell as head of APAC. She takes over from Mr Lucien Mounier, who was recently appointed head of Europe, cyber risks.
One of the most important events in the calendar of insurance agents and advisers in the Asia Pacific -- the 9th Trusted Life Agents & Advisers Awards (ATLAA) -- concluded on the evening of 26 July 2024, celebrating 17 winners recognised for their outstanding contributions and performance.
One of the most important events in the calendar of insurance agents and advisers in Asia Pacific - the 9th Trusted Life Agents & Advisers Awards (ATLAA) - concluded earlier this evening, celebrating 17 winners recognised for their outstanding contributions and performance.
Composite insurance rates in Asia declined 3% in the second quarter of 2024, following a dip of 2% in 1Q2024, according to the "Global Insurance Market Index" published by the world's biggest insurance broking group Marsh.
Prudence Foundation, the community investment arm of Prudential plc in Asia and Africa, and Warner Bros. Discovery in Asia Pacific (WBD), are collaborating on a content series called Decode with Prudence, to help educate audiences on the planet, human lives and their livelihood.
According to Charles Taylor managing director, Asia Pacific - aviation Bob Battoo, loss adjusters in Asia will need to "closely monitor" a number of factors in the aviation industry, as well as the interplay between them, in order to identify emerging risks and assess potential impacts.
When it comes to capital optimisation, Aon strategy and technology group global CEO Sherif Zakhary said, each insurer would have "a different parameter for success".
The property insurance industry in the Asia-Pacific (APAC) region is projected to grow at a compound annual growth rate (CAGR) of 10.8% from an estimated $93.1bn in 2023 to $152.2bn in 2028, in terms of written premiums, according to data and analytics company GlobalData.
The failed CrowdStrike update that caused mayhem for the computer systems of many corporates in Asia Pacific could see insurers in the region faced with hefty claims that no one saw coming.