VIG Re has appointed Mr Wilfrid Goh as Chief Representative APAC, for its proposed Representative Office in Singapore, effective 1 July 2026 and subject to the approval of the Monetary Authority of Singapore (MAS).
Many insurers in the Asia-Pacific region now favour capital-light product strategies and are shifting to products that are less sensitive to interest rates, particularly protection products linked to mortality and morbidity risk, says Fitch Ratings.
Lioner International Group, an Asian fully integrated insurance, trust and family office consortium, has launched its newest office in Zurich, Switzerland, marking its first overseas presence outside Asia.
Asia-Pacific insurers and reinsurers are facing a new set of potential macroeconomic shocks, triggered by trade and geopolitical uncertainties that are affecting business growth and investments, says S&P Global Ratings (S&P).
Coface has appointed Mr James Yau as Head of Commercial, Southeast Asia (SEA) and Head of Mid-Market, APAC.
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.
Munich Re has announced that its cyber businesses in APAC and Africa will be led by a newly appointed management team.
The Institute of Risk Management (IRM) and the Risk and Insurance Management Association of Singapore (RIMAS) have entered into a new strategic collaboration designed to advance professional development, knowledge sharing and organisational resilience across Singapore.
Climatic conditions this year suggest that conditions are conducive to the formation of typhoons in the Northwest Pacific, which are more likely to hit Japan, the Greater China region or South Korea.
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) of Asian Reinsurance Corporation (Asian Re) (Thailand). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has assigned the Thailand National Scale Rating (NSR) of aa+.TH (Superior) to Asian Re. The outlook assigned to the NSR is stable.