Risks over the last two decades have evolved from a largely singular consideration into a complex, interconnected challenge requiring greater coordination and collaboration across industries and stakeholders.
Writing participating products tends to "lead to a high capital drag due to long-term guarantees and smoothing obligations required to manage such business", according to Munich Re Head of Structured Solutions, SEA, Mr Sebastien Voon.
AXA Turkiye and AXA Climate have released its climate report, focussing on the central message that climate change should be understood not as a series of isolated natural disasters, but as an interconnected system of risks affecting water, health, agriculture, infrastructure, cities and the insurance sector.
Gulf Cooperation Council (GCC) private credit, while small at present, is entering a period of rapid expansion, says Moody's Ratings in a report on the growth of private credit in the region.
The 35th General Arab Insurance Federation General Conference (GAIF35), held at the Dead Sea, Jordan, concluded yesterday with the release of eight major recommendations calling for a greater focus on emerging risks and the deployment of technology.
Thailand's regulator, the Office of Insurance Commission (OIC), is now enhancing the readiness of the insurance industry in the face of rising cyber threats, including digital attacks, the use of AI to discover vulnerabilities, attacks through external service providers and risks arising from increasingly interconnected digital ecosystems.
Hong Kong's insurance regulator, the Insurance Authority (IA), has published its latest edition of Conduct In Focus.
At a session for the Securities and Exchange Commission of Pakistan (SECP) Talk Series on 'Inclusive Insurance: Global Insights', it was mentioned that Pakistan has significant potential to expand inclusive insurance coverage.
Aon has announced two leadership appointments for Japan Global Solutions (JGS), a global that brings together the firm's integrated risk and human capital capabilities to help Japanese multinational clients respond to changes in their domestic market while continuing to expand internationally.
Carbon capture, utilisation and storage (CCUS) has emerged as a critical tool for decarbonisation, Moreover, as such projects typically operate tight margins are heavily reliant on project finance structures, making lender confidence and investment protection critical, insurance has a pivotal role to play in enhancing CCUS.