Leadership Shifts and Market Pressures Shape Asia Insurance Sector

Recent developments in the Asia insurance sector highlight key leadership changes, technological advancements, and underwriting pressures in the property and casualty (P&C) market. Allianz Malaysia Berhad appointed Giulio Slavich as CEO of its life insurance subsidiary, Allianz Life Insurance Malaysia Berhad. Slavich, who previously served as Allianz Malaysia's CFO and led life insurance segments within Allianz SE Group and Allianz Italy, brings extensive industry expertise to the role. Similarly, Ben Quah was appointed CEO of Labuan IBFC Inc., bringing over 20 years of experience across financial technology, digital marketing, and business development sectors in Asia.