The Global Insurance Market Index indicates that composite insurance pricing in Asia has remained unchanged, with a 2% rise in property insurance and 2% decrease in casualty.
Singapore Deputy PM and MAS chief Lawrence Wong says pilot will help insurers become more familiar with infrastructure investments and encourage them to allocate more of their portfolios to promising decarbonisation...
Insurers should take advantage of automation to leverage the data the new standard will produce, said Martyn van Wensveen, a senior management consultant at EY.
At the 2023 Global Insurance Forum, senior executives said the industry can do more for sustainability, with the chair of Zurich commenting, “We can contribute to a lot of solutions.”
Underwriting discipline, climate change and gen AI all featured prominently on the agenda as industry gathered for Asia’s largest (re)insurance conference.
Tadmoury has been with the commercial property insurer for over three decades and will take over from James R. Galloway, who retires on 31 Dec after 37 years of service.
