A shift to a broad-based property charge would lower costs for most households and businesses while expanding insurance uptake, the industry body said.
Eugene Wong, Kyle Ng, Alan Sze and Jason Lam join the broker to strengthen its employee benefits, multinational clients and financial lines capabilities in the region.
Researchers say insurers, reinsurers and governments must balance competing trade-offs around risk sharing, pricing and mitigation to sustain disaster coverage.
