Willis, a business of WTW, has announced the establishment of a dedicated Data Centre Industry Practice for Asia, which will deliver a customer-centric proposition, bringing together expertise from all lines of business.
MDRT (Million Dollar Round Table), The Premier Association of Financial Professionals®, was proud to sponsor the Asia Insurance Review's 29th Asia Insurance Industry Awards' (AIIA) "Life Insurance Company of the Year" category, which was awarded to HSBC Life (International) Limited on 3 November at the Awards Ceremony at Marina Bay Sands Expo & Convention Centre, Singapore.
Zurich Insurance Group has appointed Ms Megan Shao as chief claims officer, APAC, effective 1 February 2026.
Cyber attacks and data breaches remains the number one risk across Asia. However, in 2025 "Increasing Competition" and "Exchange Rate Fluctuation" have risen sharply, reflecting the region's dynamic markets and heightened exposure to global financial volatility according to a new survey by Aon.
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.