Property insurer FM has launched the FM Worldwide Hail Hazard Map, a new global resource designed to help organisations better understand, quantify and reduce exposure to the growing threat of hail damage.
Gallagher Re has appointed Mr Carlos Grijalva as Executive Director, Head of Cyber for APAC.
Zurich Insurance has announced the promotions of Mr Giles Crowley and Mr Kin Lee to its APAC commercial insurance business. Mr Crowley has been promoted to Head of Customer and Distribution Management (CDM), APAC, and Mr Lee to Head of Energy, APAC.
The Insurance Council of Australia (ICA) has called for targeted structural reform of the Compensation Scheme of Last Resort (CSLR), warning that funding fixes alone will not deliver the sustainable scheme that consumers and industry need.
Munich Re has announced the retirement of Mr Daniel Cossette, who has decided to conclude his tenure after 19 years. He is succeeded by Mr Gavin Maistry as Chief Executive for Life and Health APAC and MEA.
The Insurance Regulator of Cambodia (IRC) and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) have signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation and building professional capacity within Cambodia's insurance sector.
The Australian financial system, including Australian Prudential Regulation Authority (APRA) regulated banks, insurers and superannuation funds, remains resilient in an increasingly volatile and interconnected world, according to the latest edition of APRA's System Risk Outlook report.
Anxiety disorders are the single largest driver of wellbeing loss in Australia, with an average of 45% of years lived with disability (YLD), according to a Zurich Insurance report.
National return to work (RTW) trends in Australia reflect the greater recovery complexity and longer work absence associated with psychological injuries, reinforcing the need for earlier, more structured and clinically supported workplace intervention to prevent long-term disengagement from work.
The Australian Reinsurance Pool Corporation (ARPC) has released its latest premium assessment, confirming the Cyclone Reinsurance Pool is continuing to improve insurance affordability and availability in Australia's highest cyclone risk regions.