Coface has promoted Mr Zach Spencer to the role of Head of Risk Underwriting, APAC. He leads the company's risk underwriting teams across the region.
Even as demand for AI accelerates rapidly, resilience is struggling to keep pace.
Businesses across Asia and the Middle East respond quickly when crises strike, while far fewer remain involved in the long-term recovery and resilience-building that follows.
Traditionally, the trade-off in underwriting is often between speed and quality. But through AI, technology is allowing (re)insurers to improve both, according to Swiss Re Head of Underwriting, Life & Health, Hong Kong & Taiwan and Global High Net Worth, Hazel Etherington-Squires.
Passing on wealth has been found to be easier than preparing heirs to manage it, according to a survey report by Sun Life Asia.
As the conflict in the Middle East continues into 4Q2026, it will cause a prolonged disruption that will have broader implications for trade in APAC.
The Financial Supervisory Service (FSS) has reported a 9.1% rise in insurance fraud, specifically in motor and long-term insurance, over the same period in 2025, reported the Chosunbiz.
The biggest threat to preserving wealth across generations may not be market volatility or family conflict, but whether beneficiaries are ready to manage what they inherit, according to new research by Sun Life Asia.
Marine insurers will need to place greater emphasis on loss prevention as risks become more complex and costly to insure, according to International Union of Marine Insurance (IUMI).
Prudential plc has announced the appointment of Mr Naveed Irshad as Regional CEO for Indonesia and the Philippines, effective 26 October 2026. He will also take enterprise-wide responsibility for the health and product businesses and will join Prudential's Group Executive Committee.