Miller has appointed Mr Sailesh Divakaram as Head of Treaty Asia.
Lloyd's has promoted Ms Emma Loynes to CEO of APAC and MEA (APMEA). She will retain her current position of Singapore country manager and CEO at Lloyd's of London Asia.
In 2025, APAC experienced a sharp escalation in risks linked to political instability, armed conflict, and terrorism, with countries like Pakistan and Indonesia going through civil unrest.
Manulife Financial Corporation has reported strong results for its Asian business in 2025, which delivered record fourth-quarter core earnings of $564m, up by 24% year on year, driven by a favourable business mix and sustained demand across major markets.
Cancer has emerged as the fastest-growing condition in both insurance utilisation and cost across the Asia Pacific region over the past 18 months, according to the "2026 Global Medical Trends Report" by WTW.
A noted lack of confidence in New Zealand in the public health system is behind the shift of individuals to the private sector.
Several factors are complicating accessibility to healthcare, according to a study commissioned by Prudential plc.
Globally, the direct economic cost of Nat CAT in 2025 was estimated at $296bn, below the decadal average of $394bn (2015 to 2024) and most recent five-year average of $409bn. In APAC, the estimated economic losses were $87bn (Asia: $83bn, Oceania: $4bn), according to Guy Carpenter's "Natural Catastrophe and Climate Report", released in January 2026.
Markel Insurance has promoted Mr Phil Amlot to the position of Head of Trade Credit for Markel International.
Lockton has appointed Mr Julian Park as Head of People Solutions, South Korea and Mr Subhash Chandra as Head of Life and Health Reinsurance - People Solutions, Asia.