Natural catastrophes, especially floods, displaced around 12.5m people in South Asia in 2022 according to the latest annual report of Geneva-based Internal Displacement Monitoring Centre (IDMC).
Nearly two-thirds of drivers participating in a survey in the UK were found to be worried about being able to afford timely repairs to their vehicles according to a new study by Brake, the UK road safety charity, and AXA UK.
The government has named Reynaldo Regalado as the new head of the Insurance Commission.
AIG has appointed Mr Chris Colahan as AIG Asia Pacific regional president. He will join the company in the second quarter of 2023.
Tokio Marine Life Insurance Singapore has appointed Mr Jun Tokura as deputy CEO and Ms Esther Huang as chief risk officer
Gallagher has appointed Mr Ralph Sherbahn as Asia head of financial lines. He brings over 30 years of insurance experience in both broking and underwriting.
AIA Singapore has appointed Mr Alvin Fu as chief distribution officer and Mr Kenneth Tan as chief corporate solutions officer, both with effect from May 2023.
Canopius Group has appointed Mr Sam Harrison as group chief underwriting officer. He will report to Canopius group CEO Neil Robertson and will join the group leadership team. He will lead the group's diverse portfolio of business across its three regional business units in London, the US and Bermuda and the Asia-Pacific region.
Following the appointment of Mr Sergio Ermotti as the new CEO of UBS and in light of the upcoming AGM of Swiss Re on 12 April 2023, the reinsurer's board has decided on the course of action to conduct the transition process.
bolttech has appointed Ms Le Thi Ngoc Huong as general manager for its Vietnam office, focusing on the company's technology-enabled brokerage business.