Gisella Lobo is a Reporter at (Re)in Asia, covering the senior appointments, regulatory changes and strategic moves shaping Asia Pacific's insurers. Areas of specialty include people moves across life, non-life and broking, insurance regulation and public health schemes, and insurer deals in markets including India, Singapore, Hong Kong, South Korea and Southeast Asia.
The upgrade reflects Beazley’s strategic importance to Zurich, with the combined specialty platform expected to generate around US$15bn in business volumes.
Upcoming capital reforms and tighter underwriting discipline should support earnings stability, although volatility is likely to persist in the near term.
The appointment comes as Swiss Re Corporate Solutions strengthens its international programmes capabilities in Asia, including through a recently announced partnership with Bajaj General in India.
The exercise aims to help insurers further strengthen cyber risk management frameworks and keep pace with increasingly severe and sophisticated cyber threats.
The change is expected to have a significant financial impact on lower-income older Australians, including pensioners and part-pensioners, while placing additional pressure on the public hospital syst...
