MNK International has appointed Mr William Wakeham as Managing Director of its new international energy division. The new division will focus on selected markets across Asia, alongside other territories, and work with insureds, local brokers and cedants.
Markel Insurance, the insurance operations within Markel Group, has appointed Mr Abbas Choker as CFO, APAC.
Although global natural disaster losses reached $112bn in the first half of 2026-slightly below the ten-year average of $113bn-Asia-Pacific faces growing climate-related threats, according to Munich Re.
Asia is central to the global build-out of AI server infrastructure, given its manufacturing strengths and supply chain integration, according to a report from Eastspring Investments, the asset management business of Prudential.
Willis has urged data centre owners, developers, builders, operators and investors globally to rethink traditional insurance buying, warning that many organisations may be securing capacity beyond their actual exposure due to risks not being fully understood or quantified.
Sun Life has announced the launch of Sun Life Private Wealth, an integrated platform supporting high-net-worth (HNW) and ultra-high-net-worth (uHNW) individuals, families and advisers as they build, preserve and transfer wealth across generations.
Commercial insurance rates across Asia declined by 5% in the second quarter of 2026, with cyber insurance recording the sharpest fall as insurer capacity and competition continued to increase across the region, according to Marsh's latest Global Insurance Market Index.
Allianz Group (Allianz) and HSBC Holdings (HSBC Group) today announced that Allianz, through its wholly owned subsidiary Allianz Asia Holding, has agreed to acquire HSBC Life Singapore, subject to regulatory approval.
Sun Life has appointed Mr Lee Sarkin as Vice President, Data and AI, Asia, effective 1 September 2026.
The resumption of hostilities between the US and Iran, formally declared on 13 July 2026 means markets remain under pressure.