Global insurance premiums are set to grow by 2.3% in real terms in...
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Everest Grp appoints Gary Haase as EVP&CEO of Legacy operation
Everest Group, announced the appointment of Gary Haase as Executive...
India Risk Report 2025: Resilience in the age of AI & shifting geopolitics
``While cyber, legal and technoligical risk remain top concern, the...
Willis launches Data Centre Practice in Asia
The Data Centre sector in Asia is experiencing unprecedented growth, with the region likely to be the fastest growing one for data centre colocation over the next five years.According to Global Data, the pipeline of data centre construction projects is estimated to be...
Super Typhoon Fung-wong slams into Philippines, two dead
The typhoon could cover two-thirds of the Southeast Asian archipelago with its 1,800-kilometre-wide rain and wind band, forecasters said. It approached from the Pacific while the Philippines was still dealing with the devastation wrought by Typhoon Kalmaegi, which...
Data Centers: AI and cloud computing drive global construction boom
According to market research, up to $7 trillion will be spent on data centers by 2030 – a huge sum driven largely by technology companies in the US and China, while Europe lags a few paces behind. The tech industry’s big three, Amazon, Microsoft and Google Cloud,...
Willis appoints Vijay Nair as Head of Tax Insurance, Asia Pacific
Willis, a WTW business, appointed Vijay Nair as Head of Tax Insurance for Asia Pacific (APAC), based in Singapore. In this newly created role, Vijay will lead the growth of Willis’ tax insurance business across APAC, drive the execution of its M&A tax strategy and...
Changing Asian Risks: Increasing Competition,Economic Slowdown and Cyber Threats reshape business landscape
“Cyber Attacks/Data Breach” remains the number one risk across Asia. However, in 2025 “Increasing Competition” and “Exchange Rate Fluctuation” have risen sharply, reflecting the region’s dynamic markets and heightened exposure to global financial volatility, finds out...
FSIB advertises GIC Re CMD post for both PSU and pvt sector candidates, last date for application is Dec 01
The applicant should have minimum 45 years of age and two years of residual service [treating 60 years as the date of superannuation] as on the date of vacancy of the post i.e. October 01, 2025. New Delhi: For the first time the FSIB, the government's head hunting...
Marsh appoints Andrea Bono as CEO of India, Middle East, and Africa
Andrea Bono, CEO=designate, India, Middle East, and Africa (IMEA), Marsh McLennan Bono will report to Flavio Piccolomini, CEO, Marsh McLennan, International, and will be based in Dubai FROM Jan 2026.All the CEOs from IMEA regions including Sajay Kedia, who is heading...
Hurricane Melissa to trigger Jamaican Cat Bond, reinsurance losses
Hurricane Melissa will trigger the $150 million, International Bank for Reconstruction and Development (IBRD) Capital-at-Risk (CAR) Jamaica 2024 parametric catastrophe (cat) bond. New York: Fitch Ratings expects minimal disruption to the global (re)insurance sector...
Allianz Trade extends geographical footprint to new location Vietnam
Despite potentially facing higher US tariffs than its ASEAN peers, Vietnam's strengthening position in global trade and global supply chains is expected to continue to underpin broader economic growth in the medium-term, fuelled by exports (especially in the...
Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best
In its Best’s Commentary, “Jamaica's Insured Losses From Hurricane Melissa Likely to Fall to Reinsurers,” AM Best notes thatinsurance penetration in Jamaica is low as only a small portion of property is insured on the island, which will limit insured losses. OLDWICK,...