Political risks driven by economic policy still outweigh those from international conflict, according to the ninth annual Political Risk Survey Report by Willis.
The hostilities in the Middle East have triggered a surge in discussions and notifications regarding Constructive Total Loss (CTL), but these have not yet translated into a material rise in accepted claims. The industry is seeing a trend where assets remain physically undamaged but are effectively "trapped" in conflict zones.
AIA New Zealand has announced that NZ Executive Committee members Mr Alex Kühnast and Mr Ben Lovelock have swapped roles.
Lockton has announced the appointments of Mr Jaideep "Jay" Sharma as CEO of Lockton India, subject to regulatory approval, and Mr Nicholas "Nick" Lee as CEO Designate of Malaysia, of Lockton Sime.
Mr Kevin Rethual has been appointed CEO of Munich Re Retakaful, effective 1 June 2026. He will be based in Malaysia and report to Owais Ansari, Head of Regional Market Reinsurance MEA Munich Re.
Emirates Insurance Company has announced the appointment of Mr Jean Claus as CFO, effective 1 May 2026. His appointment followed the retirement of Mr Aart Lehmkuhl on 30 April 2026.
The Hong Kong Federation of Insurers (HKFI) has announced the constitution of its Governing Committee for the term 2026 - 2027.
The Ardonagh Group has appointed Mr Andrew Minnitt as CEO of its Asia business, subject to regulatory approval.
Watania International Holding has appointed Mr Anuj Agarwal as CEO, effective 20 April 2026.