Asia was the driver of the financial results of Toronto-headquartered Manulife Financial Corporation in the first half of this year, with a 289% jump in net income attributable to shareholders to $424m in the second quarter.
The "dynamic nature of maritime trade makes speed and service particularly important", according to Markel senior underwriter - marine Wanshi Lin.
When asked how MFRS17 has affected Malaysian insurers and takaful operators since its implementation, Christopher & Lee Ong partner Chelsea Chan said that "most companies are seen to be enhancing and upgrading their legacy systems to comply" with the new standard.
Markel has appointed Ms Alvernia Xu as head of operations - APAC; Ms Anna Tan as senior underwriter, fine art and specie; Ms Isabelle Wong as cargo underwriter; Ms Jenny Choi as senior underwriter, casualty and Ms Olga Wong as senior underwriter, professional financial risk.
Miller has appointed Mr Edward Cheak as head of credit and political risk insurance. In his new role, he will broaden Miller's service offering beyond London and Europe into the Asian marketplace.
Swiss Re Asia has appointed Mr Alan Wilson to its board of directors. He brings 45 years of experience.
The attitudes of high-net-worth individuals (HNWI) have changed over the past few years, driven by economic and social changes, with many of the younger generation putting an increased focus on ESG and sustainable investing. Asia Insurance Review spoke to Transamerica Life Bermuda's Jeremy Young on how the market has changed and how it has affected their business.
Lockton has appointed Mr Sung Wook Han as regional head of marine and Mr Jim Heng as head of partnership and distribution for people solutions - Asia.
Higher interest rates have resulted in life insurance premium growth in advanced markets, according to Swiss Re's sigma report, World insurance: strengthening global resilience with a new lease of life.
Countries in Asia are increasingly embracing renewable energy, according to Mr Sam Liu, head of Renewable Energy, Asia at WTW, a leading global advisory, broking, and solutions company.