Two decades of growth in insurance capacity have failed to close Asia-Pacific's insurance protection gap because many of the region's largest losses now arise through concentrations and dependencies that create interconnected risks, rather than the individual assets insurers have traditionally underwritten, according to a new report by Tokio Marine Kiln (TMK).
Global insured losses from natural disasters reached an estimated $91bn during the first nine months of 2026, according to "Aon's Global Catastrophe Recap: Third Quarter of 2026."
The General Insurance Association of Japan (GIAJ) will host the International Union of Marine Insurance (IUMI) 2027 Conference in Yokohama, Japan.
HDI Global has appointed Ms Sheena Williams as Global Head of Sport, Leisure and Entertainment (SLE).
Geopolitical tensions continued to shape the marine insurance market in 2025 and 2026, according to the International Union of Marine Insurance (IUMI).
Chubb Life has appointed Mr Abhishek Sharma as Global Head of Data, AI and Analytics.
With an unprecedented El Niño strengthening across the Pacific and raising the risk of another severe heat season across South Asia, the four South Asian neighbours, India, Nepal, Bangladesh and Bhutan will work together to meet its impacts.
Coface has downgraded Saudi Arabia, the United Arab Emirates (UAE) and Qatar amid escalating geopolitical tensions in the Middle East, which it estimates could reduce global economic growth by 0.5 percentage points in 2026 and 2027. In its country and sector risk assessment released on 13 October, the trade credit insurer also reported three country downgrades and four upgrades, alongside 20 changes to sector assessments, including 12 downgrades and eight upgrades. Coface forecast global economic growth of 2.5% in 2026, down from 2.8% in 2025, before a slight recovery to 2.6% in 2027.