19 June 2026 –– The Pan-Asia Risk and Insurance Management Association (PARIMA) successfully concluded its Regional Conference on 12 June 2026 in Mumbai, bringing together risk leaders, insurance professionals, and industry experts from across India and the Asia-Pacific region to explore the evolving challenges shaping today’s risk landscape.
The event opened with a welcome address by PARIMA, setting the stage for a day of thought-provoking conversations on how organisations can build resilience amid increasing volatility and interconnected risks.
The discussion continued with the session titled “From Risk to Resilience: Securing the Energy Transition,” where experts examined the opportunities and challenges associated with the global energy transition. The session highlighted the importance of balancing sustainability ambitions with operational resilience and long-term business objectives.
“India’s renewable energy transition is accelerating at unprecedented scale, but climate risk is already reshaping how these assets perform. Building resilience into design, siting and operations now is essential to protect infrastructure, sustain growth and ensure the transition delivers long-term, reliable energy security,” said Sean Walker, Head of Commercial, Insurance & Chief Technical Officer at APAC Zurich.
Attendees then explored climate-related challenges through the session “Understanding Evolving Natural Hazard Risk in Fast Growing Markets,” which highlighted the increasing frequency and severity of natural catastrophes. The session underscored the need for organisations to strengthen risk assessment capabilities, enhance preparedness, and invest in forward-looking resilience strategies.
Running concurrently, the session “Building a Resilient Surety Market in India: Global Lessons, Local Realities, and Future Pathways” brought together industry experts to explore the evolving role of surety solutions in supporting infrastructure development and economic growth, while highlighting opportunities to further strengthen India’s surety ecosystem.
Following a networking lunch, participants reconvened for the session “Inclusion in the Age of AI,” which explored how organisations can embrace artificial intelligence while fostering inclusive workplaces, maintaining ethical governance, and ensuring the responsible adoption of emerging technologies.
Alongside this, the session “Managing Transaction Risk in M&A: The Role and Limits of Transactional Liability Insurance” examined the growing use of transactional liability insurance in facilitating mergers and acquisitions, while outlining its benefits, limitations, and role within broader risk management strategies.
A recurring theme throughout the conference was the growing influence of geopolitics on business decision-making. This was explored in depth during the session “Risk Without Borders: When Geopolitics Rewrites Economics,” where speakers discussed how geopolitical developments continue to reshape trade, investment, supply chains, and organisational resilience strategies.
“In today’s evolving risk landscape, risk managers must move beyond insurance purchasing to becoming strategic business partners. The real differentiator lies in leveraging data, technology, and predictive insights to anticipate risks, strengthen resilience, and create measurable value for the organisation,” said Jayesh Gadekar, Chief Strategy Officer at JB Boda Group.
The conference concluded with the final plenary session, “When Risks Converge: Using Analytics to Build Resilience and Growth in a Volatile World,” which highlighted how organisations can leverage data and analytics to better understand interconnected risks, support informed decision-making, and identify opportunities amid uncertainty.
“We’re operating in a more volatile and interconnected risk environment than ever before. Risk and insurance are now C-Suite concerns. Data and analytics help organisations cut through complexity and make smarter decisions about risk and insurance,” said Joe Peiser, Chief Executive Officer, Risk Capital at Aon.
“The strong participation at this year’s Mumbai Conference underscores how critical the role of risk management has become in today’s evolving landscape. As risks grow more interconnected, risk professionals must move beyond traditional approaches and take on a more strategic role in guiding organisations through uncertainty and change,” said Annacel A. Natividad, President of PARIMA.
The conference was supported by leading industry partners, including Platinum Partners –– Aon, JB Boda Group, and Zurich; Gold Partners –– FM, ICICI Lombard, and QBE Asia; and Silver Partners –– AIA, Marsh, and Prudent.
Next-Gen Risk Takers Continues in Mumbai
The conference also featured the Next-Gen Risk Takers challenge, where emerging risk professionals presented their ideas to a panel of judges and a live audience.
The three finalists who took centre stage were:
- Bhaumik Pandya, Global Manager – Sustainability & ESG at DKSH Holding AG
- Kritika Bajaj, Senior Manager – Insurance at Cube Highways Transportation Assets and Advisors Private Limited
- Dr. Poonam B. Gilani, Head – Group Insurance at Airtel
After a compelling round of presentations, the judges deliberated and crowned Kritika Bajaj as the winner of the Next-Gen Risk Takers – Mumbai Edition.
Next-Gen Risk Takers is a public speaking challenge for emerging risk professionals to share their risk-related learnings and stories to a live audience at the PARIMA Masterclass and Mumbai Conference stops.
Winners of each stop will be awarded a subsidised trip to take part in the inaugural Grand Final on 14 October, held during the PARIMA Singapore Masterclass Day.
For more information on upcoming PARIMA Conferences and events, visit https://parima.org/
ABOUT PARIMA
The Pan-Asia Risk and Insurance Management Association (PARIMA) is a not-for-profit organisation dedicated to advancing the risk management profession across Asia-Pacific. Through its events, partnerships, and educational initiatives, PARIMA empowers risk professionals with resources, connections, and knowledge to navigate today’s complex risk landscape. With more than 2,600 members representing over 1,300 companies, PARIMA collaborates with 32 partners to foster resilience, growth, and dialogue within the APAC risk management community.
Media Contact:
Louisa Seow
Content Journalist
PARIMA
louisa.seow@parima.org
+65 8013 0740
