Businesses are experiencing rising business interruption losses as concentrated production, fragile supply chains, geopolitical tensions, inflation and growing technology dependencies increase the impact of disruptions.
El Niño in 2026 is expected to create significant shifts in catastrophe risk across several regions. A new study by Moody's says insurers and reinsurers need to account for its effects across multiple perils.
Tokio Marine Kiln (TMK) has appointed Mr Oliver Wilcox as Head of Energy within its marine and energy division.
Risks over the last two decades have evolved from a largely singular consideration into a complex, interconnected challenge requiring greater coordination and collaboration across industries and stakeholders.
Writing participating products tends to "lead to a high capital drag due to long-term guarantees and smoothing obligations required to manage such business", according to Munich Re Head of Structured Solutions, SEA, Mr Sebastien Voon.
Carbon capture, utilisation and storage (CCUS) has emerged as a critical tool for decarbonisation, Moreover, as such projects typically operate tight margins are heavily reliant on project finance structures, making lender confidence and investment protection critical, insurance has a pivotal role to play in enhancing CCUS.
Coface has promoted Mr Zach Spencer to the role of Head of Risk Underwriting, APAC. He leads the company's risk underwriting teams across the region.
Even as demand for AI accelerates rapidly, resilience is struggling to keep pace.
Businesses across Asia and the Middle East respond quickly when crises strike, while far fewer remain involved in the long-term recovery and resilience-building that follows.
Traditionally, the trade-off in underwriting is often between speed and quality. But through AI, technology is allowing (re)insurers to improve both, according to Swiss Re Head of Underwriting, Life & Health, Hong Kong & Taiwan and Global High Net Worth, Hazel Etherington-Squires.