Willis has appointed Mr Seckin Atilgan as head of growth, trade credit in Asia, within its Credit Risk Solutions business.
Insurance rates in Asia fell by 5% in the second quarter of this year, according to Marsh's latest Global Insurance Market Index. The pace of decline was bigger than the 4% drop in global commercial insurance rates during the same quarter.
Many people in Asia continue to struggle with long-term financial planning, according to Sun Life Asia chief client and distribution officer David Broom.
Descartes Underwriting has announced the promotion of Mr Ben Qin to the role of head of APAC, as well as the appointment of Mr Seow Wee Beng as acting head of Southeast Asia in order to support Mr Qin in his role.
Asia's consumers are navigating an era of growing economic uncertainty. Job insecurity, increased costs of living, chronic health burdens and longer life spans are reshaping how people think about financial protection according to a new survey by Swiss Re.
PERILS AG, the Zurich-based company providing industry-wide catastrophe insurance data will now include Japan and New Zealand in its Severe Convective Storm (SCS) data service.
Aon has appointed Mr Rupert Moore as CEO of reinsurance across APAC and chairman of the region for Aon's Strategy and Technology Group.
Nat CATs will continue to put a strain on global insurance markets in 2025, said a new report by Willis.
The marine insurance sector, traditionally known for being conservative, has undergone rapid innovation driven by recent geopolitical events, the COVID-19 pandemic and supply chain disruptions. This has created opportunities for InsurTechs to address long-standing industry limitations with modern technological solutions, according to OTONOMI CEO and co-founder Yann Barbarroux.
Generali has unveiled the Agency Builder Club, a new initiative designed to recognise and incentivise managers who actively recruit and develop new agents.