HSBC has appointed Mr William Chan as global CIO and head of investments for global insurance.
Aviva Investors has appointed Mr Denis Resovac as head of insurance solutions sales. In this newly created role, he will be responsible for leading the development of investment solutions for Aviva Investors' insurer clients across APAC.
Oliver Wyman has appointed Mr Paul Ricard as head of insurance and asset management. In his new role, he will be responsible for driving the growth of Oliver Wyman's insurance and asset management practice in the region, leading development of client accounts and ensuring the business is effectively serving the needs of the region.
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.
AIA has announced a new agreement with BlackRock and BNY, as it looks to transforms its investment platform, to support the group's long-term investment programme.
Asian governments, regulators and businesses need to sustain collective commitment and action, strengthen climate disclosures and support the de-risking and viability of transition financing to fully play their regional role in the global effort to reach net zero according to Monetary Authority of Singapore (MAS).
Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19 % until 2050 due to climate change according to a new study published in scientific journal Nature.
Nearly three quarter of insurers are investing in private markets or plan to do so as firms put excess cash to work according to a global survey.
The accelerating climate change can increase the likelihood of widespread disruptions to the financial sector, including the insurance sector according to a new report released by the Bank for International Settlements (BIS).
A new survey has revealed that over the next two years, economic threats - such as recession and inflation - rank among the most significant risks to Australia and other G20 nations.