A new report has projected that the APAC region will experience the highest cost increases globally in medical costs at 14% in 2026, while medical cost inflation in Singapore is projected at 16.9% next year.
Willis has appointed Mr Conor Keating as Head of Cyber, Asia, and Mr Carlos Grijalva as Head of Cyber Sales, Asia, effective immediately.
The conversation around flood risk in the (re)insurance industry is "shifting from response to proactivity", according to Dr Andrew Smith, COO of Fathom, a water and climate information company.
Quantum security will emerge as a top priority for enterprises across the APAC region in 2026. More than 90% of the firms in the region are expected to invest in post-quantum technologies as cyber threats intensify "harvest now, decrypt later" tactics according to research and technology company Forrester's "2026 Asia Pacific predictions" report.
Willis, a business of WTW, has announced the establishment of a dedicated Data Centre Industry Practice for Asia, which will deliver a customer-centric proposition, bringing together expertise from all lines of business.
MDRT (Million Dollar Round Table), The Premier Association of Financial Professionals®, was proud to sponsor the Asia Insurance Review's 29th Asia Insurance Industry Awards' (AIIA) "Life Insurance Company of the Year" category, which was awarded to HSBC Life (International) Limited on 3 November at the Awards Ceremony at Marina Bay Sands Expo & Convention Centre, Singapore.
Zurich Insurance Group has appointed Ms Megan Shao as chief claims officer, APAC, effective 1 February 2026.
Cyber attacks and data breaches remains the number one risk across Asia. However, in 2025 "Increasing Competition" and "Exchange Rate Fluctuation" have risen sharply, reflecting the region's dynamic markets and heightened exposure to global financial volatility according to a new survey by Aon.
BNP Paribas Cardif has appointed Mr Michael Nguyen as CEO of Asia.
Willis, a WTW business, has appointed Mr Vijay Nair as head of tax insurance for APAC. This newly created role is in Willis' M&A business within the financial, professional and executive risks specialty business.