Asia continues to set the pace of the global energy transition, accounting for 74.2% of global new renewable capacity additions in 2025 and increasing installed renewable capacity by 513.3 GW to 2,891 GW, or 56.1% of global renewable capacity, according to the Renewable Energy Market Review 2026 published by Willis.
The Indian insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI), has set up a working group on adoption, governance, and oversight of AI technologies in the Indian insurance industry.
A new Lloyd's market consortium designed to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz was launched last week.
Zurich Insurance (Hong Kong) has partnered with YAS Insurance to offer embedded insurance for robots, aiming to accelerate AI and robotics adoption across Hong Kong industries. Under the collaboration, Zurich will design bespoke micro-insurance products embedded directly into YAS's robotics sales and service offerings.
Willis Re has appointed Mr Jim Summers as CEO, Global Specialties. In his new role, he leads the strategic direction and drives growth across all specialty classes globally.
Al Ain Ahlia Insurance Company (Al Ain Ahlia) has announced the conclusion of Mr Mohd Mazhar Hamadeh's tenure as CEO, effective 11 June 2026. The announcement was made in a company statement disclosed on the Abu Dhabi Securities Exchange (ADX).
The Middle East war has added volatility, in particular, to specialty lines' 2026 earnings, according to S&P Global Ratings (S&P).
Abu Dhabi National Insurance Company (ADNIC) has announced the appointment of Mr Jugal Madaan as Acting CEO.
On Coral Triangle Day, the Insure Our Future coalition said most of the world's largest insurers and reinsurers have not ruled out providing support for liquefied natural gas (LNG) expansion in the Coral Triangle, despite concerns over the environmental risks posed by fossil fuel development in the region.
Africa Specialty Risks (ASR), a developing markets-focused (re)insurance group, has entered into an agreement for a strategic investment by London-headquartered Vitruvian Partners, an international investment firm, which will be ASR's new lead investor.