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.
Life & Health reinsurance business emerged as an increasingly important earnings driver in the first half, as the group posted higher profits and appointed a new division chief.
The appointment adds a regional head to a practice the broker has been looking to expand since creating a global chief executive for the line 12 months ago.
Regional losses of US$8.7bn in H1 came in at about a quarter of the 10-year average, but the reinsurer says strengthening El Niño conditions leave Japan, Korea, Greater China and Australia exposed through...