Lockton Sime Malaysia has appointed Mr Siva Thangavelu as COO. He brings more than 20 years of financial services experience across banking and insurance to the role.
Saudi Arabian Cooperative Insurance Company (SAICO) has appointed Mr Khalid Ali Ballow as Acting CEO, effective 21 May 2026, according to a bourse filing on the Saudi Stock Exchange (Tadawul).
Marine hull war, marine cargo war and political violence business are seeing "extreme" stress levels, driven by vessel attacks, energy facility and property attacks, premium spikes and growing uncertainty around claims development., says Howden Re Business Intelligence.
Effective 1 July 2026, HDI Global will appoint Mr Thomas Kropp as COO/CIO. He will take over from Executive Board member Dr Thomas Kuhnt, who has personally decided to step down on 30 June 2026 in order to take up a new professional opportunity outside the Talanx Group.
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.
Willis and Global Parametrics has announced that payouts of an innovative parametric policy have been distributed to coffee farmers in the Central Highlands of Vietnam who suffered losses due to high rainfall during the 2025/26 coffee growing season.
Rising geopolitical tensions have increasingly affected insurance markets across the GCC, driving stronger demand for specialty insurance products such as war-risk, marine, political risk, and cyber insurance, according to Dubai-based investment banking advisory firm Alpen Capital.
Price Forbes has announced the appointments of Mr Alvin Dye, Mr Kagiso Sephiphi and Mr Paul Jacobs to its newly formed construction team in South Africa. The appointments form part of a joint venture with Price Forbes' London construction team.
For the insurance industry, and especially the Political Violence & Terrorism (PVT) business, the war in the Middle East may lead to significant losses in some areas and new risk assessments for selected key industries and regions, according to the "Political Violence and Civil Unrest Trends 2026" report from Allianz Commercial.
Swiss Re has appointed Mr Trent Thomson as Head Global Specialty. He succeeds Ms Anne Lohbeck.