BNP Paribas Cardif has appointed Mr Michael Nguyen as CEO of Asia.
Willis, a WTW business, has appointed Mr Vijay Nair as head of tax insurance for APAC. This newly created role is in Willis' M&A business within the financial, professional and executive risks specialty business.
Mergers and acquisitions (M&A) activity in the Asia-Pacific insurance industry slowed in the third quarter, according to analysis from ratings agency S&P Global.
Market research from Allianz Commercial projects that $7tn will be spent on data centres over the next five years, heightening exposures and introducing new risks for companies and insurers.
Nearly two-thirds of individuals believe that agentic artificial intelligence (AI) will play a supportive role in the insurance industry, with humans still in the background, whilst 18.4% think it will replace human agents and the remaining 17.3% believe that AI will play a minimal role and human interaction is essential.
Swiss Re Institute projects that renewable energy could generate up to $26bn in insurance premiums in underwriting year 2030 amid increasing investment in greener energy.
AIA has announced the extension of its association with Tottenham Hotspur Football Club and also becoming the club's global training partner from July 2027 through to June 2032.
Consumers who are optimistic about economic improvement are more likely to boost their insurance spending compared to those who believe the economy is deteriorating, a study by Hong Kong-headquartered global reinsurer Peak Reinsurance Company has found.
While financial security is regarded as a cornerstone for legacy planning across the region, more than half of the respondents to a survey by Sun Life Asia feared their wealth will not last beyond their children's generation, thus underscoring an urgent need for structured planning and financial literacy.
Allianz Asia Pacific has announced the expanded role of Mohit Bahoria as regional chief strategy, distribution, and customer officer.