China's financial regulator has proposed new cybersecurity rules for insurers and banks that would strengthen executive accountability, tighten risk monitoring requirements and impose stricter penalties for failures in cyber incident management.
NZI, a brand of IAG, has announced the appointments of Mr Kent Chaplin as Head of Liability, effective September; and Mr Troy Sexton as Executive Manager, Portfolio Performance and Strategy, effective 20 July 2026.
Allianz Partners has promoted Mr Carsten Staat to the role of Regional Managing Director for MEA, effective 1 August 2026.
AIG has appointed Ms Christine Williams as Head of Global Client and Broker Relationships, effective 1 September 2026.
Allianz Partners has promoted Mr Carsten Staat to the role of Regional Managing Director for APAC, effective 1 August 2026.
Lockton has appointed Mr Jeremie Deschamps as Regional Head of Cyber Advisory for Asia; Mr Martin Allain as Head of Wholesale for Lockton Asia's Regional Placement Team; and Mr Michael "Mike" Griffiths as Regional Director, Healthcare, for the company's Professional and Executive Risk and Credit Team. All three are based in Singapore.
AI12, a specialist (re)insurance broker, has appointed Mr Alfie Langley as Head of Cyber.
The global insurance sector has remained financially stable at the end of 2025 despite increasing geopolitical tensions, inflationary pressures and elevated sovereign debt levels, according to the International Association of Insurance Supervisors' (IAIS) mid-year Global Insurance Market Report 2026.