A new framework designed to transform the cyber reinsurance landscape in the Asia Pacific (APAC) region has been launched by global reinsurance brokerage and risk management firm Gallagher Re. The new initiative aims to align the growing demand for cyber reinsurance in APAC with global capacity, offering a flexible and comprehensive solution to meet the region's unique needs.
Global investment and insurance organisation Starr Insurance Holdings has acquired IQUW Group in a bid to expand the latter's classes of business that Starr underwrites, positioning the combined company for growth across a broader range of global market segments.
Huntington Advisory, an independent strategic advisory firm headquartered in Singapore, is pleased to announce the appointment of Mr David Battman as partner, with responsibility for leading the firm's operations in the UK and Europe.
Mitsui Sumitomo Insurance and MSIG Asia (MSIG) has appointed Mr Eric Schaap as senior vice president and global broker engagement manager, a newly established role.
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has appointed Mr Andrew Aldwinckle as international casualty CUO, effective 1 February 2026.
Insurers may see greater demand for cyber insurance coverage as AI-driven mobile attacks rise. According to the Verizon 2025 Mobile Security Index (MSI), 85% of organisations reported an increase in mobile attacks, as more employees use generative AI (genAI) tools for work.
A new survey across five key APAC markets has revealed that insurers in APAC are using AI extensively and reaping benefits, yet they are also facing challenges in employing the technology.
Governments and regulators have fallen short in appreciating the role of the specialty broker, according to Mr Christopher Croft , chief executive of the London & International Insurance Brokers' Association (LIIBA).
QBE Insurance Group has appointed Mr Chris Killourhy as group CFO, effective 1 January 2026 and subject to regulatory approvals.
Everest Group has appointed Mr Anthony Vidovich as executive vice president and general counsel, effective 5 January 2026. He joins the Executive Leadership Team.