Economic losses from natural disasters in APAC reached at least $76bn in 2025, driven largely by the devastating Myanmar earthquake, widespread flooding in China and South and southeast Asia, and a series of high-impact cyclones.
Niyam Group has received Lloyd's approval for its Syndicate 2047. The group has also announced the appointment of Mr Devesh Srivastava as its Chairman
Cyber risk has taken on a new threat level, with attackers now following a fast "smash and grab" approach, meaning they do not linger or spy for long. Instead, they typically launch ransomware and cause disruption in about a day, Beazley Security points out.
Safety concerns, frequent disruption and rising expectations of employer support are reshaping how employees experience travel for work, and how they judge the companies they work for, according to global insurer Zurich.
The Middle East conflict is taking a major toll on global shipping and trade, leading to growing interest in alternative maritime routes, including the Arctic corridor.
Gallagher Re's latest Natural Catastrophe and Climate Report reveals that the total Q1 insured losses worldwide was $20bn.
MS Amlin, the Lloyd's global specialist (re)insurer, has launched a new sub-syndicate to target innovative growth opportunities and provide greater flexibility and capacity for brokers.
Risks related to the environment, manpower, technology, economics, geopolitics, cargo and supply chain will be very relevant challenges for the maritime business in Asia during 2026, according to new insights by QBE Asia.
Aon has appointed Mr Jeffrey Alpaugh as Chief Commercial Officer, Risk Capital. He continues to serve as President of North America alongside his new role.
Generali Global Corporate and Commercial (GC&C) has announced that Mr Nuno Antunes will join the company on 20 April, in the context of a planned leadership transition within its Client and Broker Relationship Management (C&BRM) function.