At the 2025 Allianz China Summit in Shanghai, Allianz (China) Insurance Holding Co general manager Lin Shuncai said the company aims to quadruple its China business within five years, leveraging its global service network to support Chinese firms expanding overseas.
Canopius has appointed Mr Ray Wong as energy underwriter. According to Mr Johnny Kim, Canopius head of energy and construction, APAC, Mr Wong's technical depth and commercial mindset make him an excellent addition.
Kennedys, a global litigation and dispute resolution firm with a specialisation in insurance, has promoted Mr Ben Forrest (Sydney) and Mr George Abraham (Melbourne) to special counsel for insurance in Australia.
Tokio Marine Kiln has appointed Ms Phoebe Liew as special risks underwriter, focussing on credit and political risk.
Howden has appointed Ms Rebecca Poon as chief client officer, according to news platform Hubbis. She will join Howden after completing the contractual obligations to her current employer.
In 2000, just 6% of the Asian population was aged 65 and above and this is estimated to reach around 10% in 2025 and is projected to further climb to nearly 20% by 2050 according to Swiss Re.
Within its health and benefits (H&B) business in Southeast Asia, WTW has appointed Mr Fong Han Wei as head of H&B, Singapore Mr Lim Choo Ho as head of H&B, Malaysia.
Sompo Holdings, Inc. (Sompo) has entered into a merger agreement with Aspen Insurance Holdings (Aspen), where it will acquire 100% of Aspen's issued Class A ordinary shares for $3.5bn.
Long term exposure to extreme heatwaves accelerates the body's ageing process according to a new study published in Nature Climate Change journal in August 2025.
The Million Dollar Round Table (MDRT) has announced its sponsorship of the Life Insurance Company of the Year category at the Asia Insurance Review's 29th Asia Insurance Industry Awards (AIIA).