The conflict in the Middle East is creating two second-order risks for life insurers in Asia, according to HSBC CEO for Insurance Edward Moncreiffe in an interview with Asia Insurance Review. He noted that while the impact on life insurers is not direct, there are still significant knock-on effects for life insurers.
Aon has appointed Mr Jeffrey Alpaugh as Chief Commercial Officer, Risk Capital. He will continue 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.
The past few years have seen growing trade flows into Asia of chemicals, pharmaceuticals, and oil and gas, according to the "QBE Marine Insurance Risk Outlook for Asia 2026" report.
Insurers today are dealing with overlapping shocks: pandemic after-effects, cyber accumulation, climate volatility, supply-chain fragility and geopolitical spillovers. They encounter 'permacrisis' cycles where the next event begins before the data from the last one emerges.
The global financial system is confronting the ongoing war in the Middle East, potential inflationary pressures, rising risks of further tightening in financial conditions, and several channels through which market turmoil could escalate into financial instability, said the International Monetary Fund (IMF).
Shareholders of Swiss Re have approved an ordinary dividend of $8 per share for FY2025. The dividend will be paid in Swiss francs, converted from USD, out of voluntary profit reserves, with distribution from 16 April 2026 onwards.
HDI Global has appointed Mr Philip Beblo as Global Head of Property Underwriting, effective 1 May 2026.
The Board of Directors of MAPFRE Re has approved the appointment of Mr Fernando Utrilla Agüero as CFO, as part of the succession process following Mr Daniel Quermia's upcoming retirement.