Thursday, July 10, 2025
9:00 AM - 9:05 AM
9:00 AM - 9:05 AM
 
 
9:05 AM - 9:30 AM
9:05 AM - 9:30 AM

Political instability has become one of the biggest risks for businesses in 2025. Ongoing wars, conflicts, terrorism and political unrest, and tariffs and trade wars are bringing uncertainly and risk to multinational business. All of which is creating a more challenging environment for doing business globally. How will growing political tensions and political unrest, as well as supply chain disruption, potential trade wars and increasing reliance on technology affect global programmes?

  • How is the global economic and political situation affecting corporate risks?
  • Where are the hotspots and major concerns?
  • What insurance covers are becoming increasingly important for businesses globally?
  • Does the political and economic stability make it harder to run global programmes?
  • What impact are changing tariffs having on the insurance market globally and in Asia?
Robert Hunziker, Swiss Re Corporate Solutions
9:30 AM - 10:30 AM
9:30 AM - 10:30 AM

This session will look specifically at Asian risks and the need for global insurance programmes. It will look at how such programmes are best structured and what can be included and how. Should a global programme focus on core property, business interruption, and liability lines, or include risks such as cyber, employee benefits and trade credit.

  • Why create a global programme – why not leave it up to local operations to organise locally? What are the core benefits?
  • What kind of company is a global programme designed for – multinationals only? What are the costs involved? How does fronting work and when is this needed or not needed?
  • How should a global programme with Asian risks be structured? What lines to include and which to leave out?
  • Is there adequate capacity in the region to cover the major lines or do you still need to use London or other international centres?
  • Could you and should you include Australian risks or Chinese risks in the programme or do these need to be dealt with separately?
  • Crucial areas for a successful global programme include premium allocation and the setting of retention levels. What needs to be considered when allocating premium? How much flexibility is there? What tax and regulatory requirements are there? It is vital to avoid conflict with local operations and this requires dialogue and clear communication of benefits.
Andrew Chan, Institute of Internal Auditors Hong Kong
Rinnah Roque, HDI Global
Rahul Kumar, Cushman & Wakefield
Vanessa Priede, Swiss Re Corporate Solutions
Evelyn Pang, AXA XL
Gautam Iyer, Marsh (Singapore) Pte. Ltd.
10:30 AM - 11:00 AM
10:30 AM - 11:00 AM
 
 
11:00 AM - 11:45 AM
11:00 AM - 11:45 AM

In this interactive session, Toby Nabarro will explore how brokers, policyholders and insurers can navigate insurance coverage disputes while preserving long-term commercial relationships. Drawing on real-world examples, the session will encourage you to challenge the assumption that disputes must be adversarial. Key themes include the strategic use of tone and timing in communications, the broker’s dual role as advocate and intermediary, and how to assert legal rights without undermining goodwill. Attendees will gain practical insights into achieving resolution without escalation—balancing legal strategy with commercial diplomacy.

Toby Nabarro, Fenchurch Law
11:45 AM - 12:30 PM
11:45 AM - 12:30 PM

As political and economic instability grows, there is an increasing risk of political violence and terrorism globally. Terrorism incidents, riots, political violence around elections, and civil disturbances are becoming increasingly common, impacting global business operations.

  • What insurance covers are available to corporates in this area?
  • Is the market expanding? Is capacity available? What is the pricing outlook?
  • What are the key developments in wordings and exclusions?
  • What is covered under standard property policies?

 

Carrie Huang, AXA XL
12:30 PM - 2:00 PM
12:30 PM - 2:00 PM
 
 
2:00 PM - 2:45 PM
2:00 PM - 2:45 PM

Climate-related risks are on the increase as climate change brings record-breaking temperatures, increased flooding, devastating wildfires and more powerful storms. Total catastrophic losses in the Asia-Pacific region and Africa reached around $91bn last year, up significantly on the previous year of $66bn, according to Munich Re.

Adapting to the new climate “norms” is crucial, and the key is building resilience.

  • What is happening in the nat cat re/insurance market?
  • Where is the current market in terms of covers, pricing, T&Cs and availability of insurance for extreme weather?
  • How is the insurance industry looking to help Asian corporates improve their resilience?
  • What is the role of parametric covers and captives in financing climate risks?
Graeme Riddell, Marsh
Puneet Panchal, Cube Highways
Guillaume Parard, AXA XL
2:45 PM - 3:30 PM
2:45 PM - 3:30 PM

Many multinationals with global programmes will also have a captive insurer. A captive’s involvement in the setting and funding of retentions can be vital to a multinational programme. A captive is the one of the most cost-efficient ways to fill the gap between the group retention and the local retention levels. In addition, a captive can facilitate the ability to allocate premium to subsidiaries and operating units and thereby improve loss control and risk management.

Captives are growing in importance in Asia and this session will examine the captive potential and its role in a global insurance programme.

  • How important is a captive to a global insurance programme?
  • Is there a central role to be played, especially around retention levels and co-ordinating the different covers of subsidiaries around the world?
  • How can a captive be used in a global programme – as a primary insurer, reinsurer, or excess insurer?
  • How does using a captive help achieve consistency, certainty and compliance?
  • Why does it make sense to create a captive in Singapore to cover your Asia Pacific risks?
Soni Srivastava, Deutsche Bank
Lawrence Bird, Marsh Advisory Asia
Steve Tunstall, PARIMA
3:30 PM - 4:00 PM
3:30 PM - 4:00 PM
 
 
4:00 PM - 4:45 PM
4:00 PM - 4:45 PM

Latest analysis from the leading brokers shows that risk and insurance managers in Asia are enjoying the same relaxing terms and conditions as elsewhere in the world.

During this session we will investigate the likely direction of the market pricing and capacity in coming renewals and ask what risk managers need to do to secure the best possible outcome working with their broker.

 

Steve Tunstall, PARIMA
Brent Clawson, Marsh
Suchitra Narayanan, Revantage Asia, and Board Member, PARIMA
4:45 PM - 6:30 PM
4:45 PM - 6:30 PM
 
 

Agenda is subject to change