Howden Specialty has announced the appointment of Surya Wijaya to its growing natural resources division in Asia Pacific. This appointment adds further strength to Howden Specialty's capabilities across the power and energy sectors both regionally and globally. Mr Wijaya joins as a divisional director and will be based in Singapore, reporting to head of natural resources, Asia Pacific Matt Savitt.
Beginning in 2022 the UK general insurance industry will have a new fraud detection system powered by AI to detect and prevent organised insurance fraud.
Increasing frequency and severity of extreme environmental conditions will test the limits of risk diversification over the coming decade according to a new report by Fitch Ratings.
Almost all the world's glaciers are becoming thinner and losing mass and these changes are picking up pace according to an international research team.
COVID-19 will create fresh supply-chain risks for businesses in 2021 after disrupting the global flow of operations when the pandemic broke in 2020 according to business standards group The British Standards Institution (BSI).
Ed, the global reinsurance, wholesale and specialty broker, has announced the appointment of Christina Ong as chairman of Ed Asia. Based in Singapore, Ms Ong assumes her role with immediate effect.
Berkshire Hathaway Specialty Insurance (BHSI) has announced that it has appointed Daniel Thieviasingham as senior underwriter, transactional liability, Asia Middle East.
Eight states, particularly in the eastern part of India, are highly vulnerable to climate change and require prioritisation of adaptation interventions according to a new report by government of India.
Cyber attack, data loss, regulation, health and safety and employment claims are the top five risks facing global directors and officers (D&Os) in 2021 according to a new survey by Willis Towers Watson (WTW) and Clyde & Co.
In 2020 world's top 23 reinsurers recorded 70% less profit and the lowest since 2008. The reinsurers booked a combined net profit of $5.4bn in 2020. They were, however, partially saved by a recovery in capital markets after the first quarter according to a new report by Aon.