AIG has appointed Ms Christine Williams as Head of Global Client and Broker Relationships, effective 1 September 2026.
The number of people killed in road accidents in Tunisia has increased by 10.3% since the beginning of the year, despite a decrease in the total number of accidents, according to statistics published by the National Road Safety Observatory.
Lockton has appointed Mr Jeremie Deschamps as Regional Head of Cyber Advisory for Asia; Mr Martin Allain as Head of Wholesale for Lockton Asia's Regional Placement Team; and Mr Michael "Mike" Griffiths as Regional Director, Healthcare, for the company's Professional and Executive Risk and Credit Team. All three are based in Singapore.
DBV Insurance Group Joint Stock Company has been fined VND200m ($7,700) by Vietnam's National Competition Commission for engaging in unfair competition practices.
China's National Medical Products Administration (NMPA) and National Healthcare Security Administration have launched joint inspections of medical institutions and pharmaceutical wholesalers in the Inner Mongolia Autonomous Region and Shanxi Province following the identification of suspicious activity through drug traceability code screening.
South Korea's Ministry of Health and Welfare announced that it will conduct a three-month investigation from August to October, targeting medical institutions identified as having a high risk of fraudulent claims, including those suspected of operating as 'manager hospitals', which are illegally operated hospitals that are effectively controlled by non-medical investors while using licensed doctors as nominal operators.
The Common Reinsurance Company of the Member States of the Inter-African Insurance Markets Conference (CICA-RE) and the West African Development Bank (BOAD) have signed a strategic partnership agreement, aimed at further integrating insurance and reinsurance mechanisms into the financing of development projects in the West African Economic and Monetary Union (UEMOA).
The captive insurance and insurance-linked securities (ILS) sectors in Singapore are forecast to see clear growth soon after the Protected Cell Company (PCC) framework is launched by the Monetary Authority of Singapore (MAS), according to Mr Simon Goh, Partner and Head of Insurance & Reinsurance Practice at the law firm Rajah and Tann Singapore.
Governments, insurers and communities can respond to rising disaster risks, increasing insurance costs and growing protection gaps by developing sustainable and inclusive support for household wellbeing, community resilience and economic stability, according to a new report by Australian Reinsurance Pool Corporation (ARPC) and The University of Queensland (UQ).