AM Best maintained its stable outlook for Indonesia's non-life insurance market, citing steady economic conditions, expanding premiums and new initiatives designed to fortify the sector's financial health.
Al Buhaira National Insurance Company (ABNIC) has appointed Mr Ahmed Khalifa as CEO, following the Central Bank of UAE's non-objection, according to a company disclosure filed with the Abu Dhabi Exchange.
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.
Mitsui Bussan Pana Harrison has announced the appointment of Ms Alice Lim as Head of General Insurance.
Coface has promoted Mr Zach Spencer to the role of Head of Risk Underwriting, APAC. He leads the company's risk underwriting teams across the region.
Everest Group has promoted Ms Nandini Mani to the role of Senior Vice President, Group Chief Claims Officer.
As the conflict in the Middle East continues into 4Q2026, it will cause a prolonged disruption that will have broader implications for trade in APAC.
Aon has promoted Ms Jane Drummond to the role of Global Chief Commercial Officer (CCO), effective 1 January 2027. She will report to Mr Andy Marcell, Deputy CEO and SEVP, Risk Capital and Human Capital for Aon, and will serve as a member of the Aon Executive Committee.
ZEP-RE (PTA Reinsurance Company) and African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to build professional and institutional capacity in trade, insurance, reinsurance, risk management and trade facilitation across Africa.