Lockton Sime Malaysia has appointed Mr Siva Thangavelu as COO. He brings more than 20 years of financial services experience across banking and insurance to the role.
Willis latest D&O liability insurance survey 2026 revealed that data loss and cyberattacks remain top concerns for directors and officers in Asia.
Saudi Arabian Cooperative Insurance Company (SAICO) has appointed Mr Khalid Ali Ballow as Acting CEO, effective 21 May 2026, according to a bourse filing on the Saudi Stock Exchange (Tadawul).
New Zealand plans to amend the country's climate law to prohibit liability arising from climate change damages. The Government has clarified that these amendments will provide businesses with certainty around their obligations.
Most property insurance companies are experiencing difficulties in their work safety liability insurance or safety production liability insurance lines, with underwriting losses becoming the norm.
Emirates Insurance Company has announced the appointment of Mr Jean Claus as CFO, effective 1 May 2026. His appointment followed the retirement of Mr Aart Lehmkuhl on 30 April 2026.
The Financial Regulatory Authority (FRA) has issued a new decision to regulate the practices of risk assessment experts and loss adjusters in the insurance sector.
The AIG Board of Directors has announced that effective 1 June 2026, Mr Eric Andersen will become President and CEO of AIG and join the AIG Board of Directors, and Mr Peter Zaffino will become Executive Chair of the AIG Board of Directors, marking the successful conclusion of the company's previously announced leadership transition plan.
The Beijing branch of China Pacific Property Insurance, a subsidiary of listed China Pacific Insurance (Group), has officially delivered its first comprehensive liability insurance policy for low-altitude unmanned aerial vehicles of logistics enterprises, the first such product in the country.