One pressing reality that continues to affect all of us is medical inflation.
Mr Achim Bosch has taken over the position of CEO of Deutsche Rückversicherung (Deutsche Rück). The Supervisory Board of Deutsche Rück appointed him CEO on 18 November 2024. Mr Bosch joined Deutsche Rück in 2019 and has been a member of the Board of Executive Directors since.
Allianz Asia Pacific has appointed Mr Vojtech Pivný as regional CFO.
Africa Specialty Risks has appointed Mr Eric Malterre as CUO. In this newly created role, he will be responsible for developing underwriting strategies, driving profitability and ensuring underwriting standards are aligned with the company's risk appetite and objectives.
Acenda and Resolution Life Australasia have appointed Mr Chris de Bruin as future group CEO, subject to the completion of the transaction between Nippon Life and Resolution Life. The transaction is expected to occur in 2H2025 and is also subject to regulatory approvals
Gulf General Cooperative Insurance Company has announced the appointment of Mr Mazen Hani Altamimi as its chairman and Mr Taher Mohammed Omar Agueel as vice chairman, according to a statement lodged by the insurer with the Saudi Exchange.
As populations across Asia continue to age rapidly-particularly in markets like Hong Kong, Singapore, Japan, Korea and even in mainland China-the insurance industry finds itself at a critical juncture. A recent roundtable hosted by Verisk gathered industry experts to examine the multifaceted impacts of ageing and rising chronic illnesses on healthcare and insurance, and how these challenges could reshape the sector in the next decade.
AmMetLife Takaful announced that Mr Nazrulhisham Abdul Hamid has been appointed CEO.
Hanwha Group has appointed Mr Kwon Hyuk-woong, former vice chairman of Hanwha Ocean and Mr Lee Kyung-geun, president of Hanwha Life Financial Services as individual representatives of Hanwha Life Insurance, according to Maeil Business Newspaper. The article also noted that Mr Yeo Seung-joo, Hanwha Life Insurance vice chairman, was appointed head of Hanwha Group's management support office.