From 1 November, the revised rules require insurers to set up product committees led by their principal executive, conduct regular product reviews and strengthen accountability for product failures.
The partnership adds Lloyd's Asia to GAIP's growing network as the platform seeks to address regional protection gaps through greater industry collaboration.
(Re)in Summary
Single hyperscale AI campuses can carry total insurable values of US$20bn–50bn, beyond what one insurance placement can absorb, Howden says.
Underwriters are pricing the largest sites...
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 deal adds broker-distributed home and contents cover to Canopius' Australian business, which accounted for more than 40% of its Asia-Pacific book in late 2025.