A new study by Aon has revealed that transaction risk products, including warranty and indemnity (W&I) insurance and standalone tax liability insurance, continue to be a key consideration in Asia dealmaking.
The Korea Federation of Small and Medium Enterprises (KFSME) will offer a 5% discount on premiums for product liability (PL) insurance and mutual aid products to small and mid-sized manufacturers that have built smart factories, reported the ChosunBiz.
Automakers and intelligent driving solution providers have introduced intelligent driving protection benefits to provide risk protection to alleviate car owners' concerns as intelligent assisted driving features become more widespread in China.
The intelligent driving protection services offered by automakers or smart driving solution providers are an extension of product warranties and after-sales service by these businesses, with the primary goal of reducing consumer concerns about intelligent driving safety. They represent manufacturers voluntarily expanding their own liability for product defects.
MENA RE Underwriters (MENA Re), a wholly owned subsidiary of Doha Insurance Group based in the DIFC, has announced the promotion of Mr Tareq Hussein to CEO cum Senior Executive Officer, effective July 2026.
Saudi Arabia's 151-member Shura Council or Consultative Assembly has called on the Insurance Authority to study the challenges faced by the elderly in obtaining adequate insurance coverage. The call was made during a recent regular session of the Council.
The South Korean government will cover premiums for high-payout liability insurance so that medical staff in essential fields do not bear excessive compensation burdens in the event of medical accidents, reported the ChosunBiz.
Generali Group has revealed its new brand for its global Care platform, named Redion. The brand brings together the activities of Europ Assistance and Generali Employee Benefits (GEB) under a single identity and offering.
Al Ain Ahlia Insurance Company (Al Ain Ahlia) has announced the conclusion of Mr Mohd Mazhar Hamadeh's tenure as CEO, effective 11 June 2026. The announcement was made in a company statement disclosed on the Abu Dhabi Securities Exchange (ADX).
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.