According to the latest Directors and Officers Liability Insurance Survey by Willis in collaboration with Clyde & Co, 75% of the participating directors and officers in Asia view the risk of regulatory breaches as very important or extremely important to their organisations.
Sun Life has appointed Mr Bennet Li as senior vice president and CFO for Asia.
Howden Private Wealth has appointed Mr Bryan Pee as CEO of Singapore and Malaysia and Ms Shirley Sy as deputy CEO of Hong Kong.
Manulife has appointed Mr Phil Witherington as president and CEO of Manulife and Mr Steve Finch as president and CEO of Manulife Asia, Both appointments are effective 9 May 2025. Mr Finch also succeeds Mr Witherington.
Markel Group has appointed Mr Simon Wilson as CEO of Markel Insurance, which consists of Markel Specialty, Markel International and Markel Global Reinsurance. He is currently president of Markel International.
Prudential Hong Kong has appointed Mr Abhishek Kumar as CRO and Ms Grace Lee as general counsel. They will also be members of the Hong Kong Executive Committee.
AXA XL Insurance has appointed Ms Sylvie Gleises as regional CEO, Asia, effective 24 March 2025. In her new role, she will oversee AXA XL's strategic direction and operations across the region, reinforcing the company's commitment to one of the world's most dynamic commercial insurance markets.
QBE Asia has appointed Mr Ronak Shah as CEO of wholesale markets Asia.
Labuan Re has appointed Cik Melissa Karim as acting head of underwriting and Encik Zaid Aziz as CEO and principal officer.
Swiss Re has appointed Ms Kera McDonald as group CUO and member of the Group Executive Committee, subject to regulatory approval and Ms Katie McGrath as CUO. Both appointments are effective 1 June 2025.