Malaysia is expected to expand its data centre capacity more than tenfold, ranking alongside India and Japan among the region’s fastest-growing AI infrastructure markets.
With more than 30 years of experience serving Korean and Asian shipping clients, Kim will lead the club's efforts to expand its membership base in Korea.
The Labuan-based reinsurer plans to deploy additional capital to fill capacity gaps left by competitors retreating from certain countries and regions amid a softening market.
The product provides protection against economic losses caused by navigation system disruption, including port-entry bans, vessel detention and delayed departures.
Insurance could help reduce uncertainty around accident and performance risks, but KIRI says many early-stage technologies remain difficult to underwrite.
Property, cyber and D&O buyers benefited from softer pricing in Q2, while underwriters applied greater scrutiny to casualty, auto and catastrophe-prone risks.
