Manufacturers across the Asia-Pacific region could face significant uninsured losses as cyber-attacks increasingly target industrial systems, exposing a widening gap between cyber risk exposure and insurance protection, according to specialist insurer Tokio Marine Kiln (TMK).
Model management took centre stage on the opening day of the 22nd Asia Nat CAT and Climate Change Conference in Makati City, as industry experts discussed how risk models can remain effective in an increasingly complex environment shaped by climate change and cyber threats.
Ratings agency Moody's has in a new analysis stated that the global economic impact of physical risk may reach as much as $41.4tnn in less than two decades, amid rising sea levels and more frequent and severe natural disasters, with much of the damage not being covered by insurance policies.
Asia continues to set the pace of the global energy transition, accounting for 74.2% of global new renewable capacity additions in 2025 and increasing installed renewable capacity by 513.3 GW to 2,891 GW, or 56.1% of global renewable capacity, according to the Renewable Energy Market Review 2026 published by Willis.
Multidisciplinary forensic and technical consultancy Halliwell has strengthened its presence in the Asia-Pacific (APAC) region with the acquisition of ExcelPlas, Australia's leading polymer specialist.
Although the US-Iran peace memorandum of understanding and the reopening of the Strait of Hormuz present a positive signal, the market is unlikely to view this as a definitive turning point at this stage, said Willis Head of Marine, Asia Lewis Hart.
As longevity continues to rise across Asia, people are rethinking what it truly means to leave a legacy, as living longer no longer means simply adding years to life.
Generali Group has revealed its new brand for its global Care platform, named Redion. The brand brings together the activities of Europ Assistance and Generali Employee Benefits (GEB) under a single identity and offering.
Lockton Asia has appointed Ms Sandra Lee as Chief Growth Officer - Risk Solutions, Asia, and Mr Yuman Chan as Chief Growth Officer - People Solutions, Asia.
More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to a new report by Willis.