Asia's construction and infrastructure markets are entering a period of significant investment and transformation through a number of major residential, commercial and civil engineering projects and the rapid expansion of Data Centres, but growth is being accompanied by an increasingly complex and volatile risk environment. Major projects face growing delays and exposure to supply-chain disruption, geopolitical tensions, inflation and cost escalation, labour and skills shortages, natural catastrophe, climate-related risks, cyber threats and increasingly complex project interfaces.

This panel will examine how these changing risks are affecting construction and infrastructure projects across Asia and how the region compares with other major global markets. Bringing together the perspectives of an insurance buyer, Singapore's Building and Construction Authority, and regional and global insurance carriers, the discussion will explore how the risk profile of construction is evolving, where Asia is developing innovative approaches to resilience and risk management and what lessons can be learned by and from other markets.

The panel will then consider what these developments mean for insurance buyers and the insurance market – from underwriting appetite and capacity to coverage, risk allocation, deductibles and programme structure. It will explore whether traditional construction insurance programmes are keeping pace with the changing nature of risk, where potential protection gaps may emerge, and how closer collaboration between project owners, contractors, risk managers and insurers can help protect project capital and strengthen resilience.