APAC

The renewal season reflects significant changes in market conditions compared to the previous year. 

AM Best's projected 12.2% growth in traditional reinsurance capital for 2023 may be sufficient, given potential variations based on capital deployment decisions.

Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.

Glen Browne led various roles in the region.

Charles Yim and Hui Ling Wong joined as Associate Director, Financial Lines and Regional Director, M&A, respectively.

The strong performance of collateral returns contributed to one of the best years in the market's history.

Despite challenges in regions with significant losses in 2023, pricing pressure on upper layers varied by region.

In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.

As a cautionary note, an economist said fixed annuities face potential decline as higher Interest rates shift consumer preferences.

We’re taking a short break.

Learn innovative ideas that are shaping the future of the banking & finance and insurance industries, from the region’s top leaders and executives.

Claudia Cordioli will succeed George Quinn, the current Group CFO, who has chosen to step down after a decade of service. 

Unlock the future of insurance with transformative shifts driven by technology and data analytics in today's dynamic landscape.

Federico Spagnoli will be responsible for Chubb's consumer lines across 51 countries and territories.

A search is underway to find Manjit Singh’s successor as Chief Financial Officer. 

Insurtechs offering genuinely innovative and unique solutions are likely to attract interest from capital providers.