23 May 2025 –– PARIMA concluded its second Masterclass of the year in Kuala Lumpur, Malaysia, on 22 May 2025, at the Sheraton Imperial Kuala Lumpur Hotel, covering three new topics from the previous Bangkok Masterclass.
The event featured five insightful sessions, including an exclusive session hosted by PARIMA’s board members for PARIMA members only. The remaining four sessions were led by our valued partners –– Aon, FM, Marsh and Swiss Re Corporate Solutions.
Aon’s session, “The Role of Risk Management in the Age of Artificial Intelligence,” explored how AI is reshaping the risk landscape. The discussion emphasised the growing need for risk leaders to understand their organisation’s liability and exposure profile in an era of rapid technological advancement.
“Competitive forces are demanding that businesses continue investing in their artificial intelligence agenda. This is transforming the enterprise risk landscape and presenting new challenges that risk leaders must actively address. Aon is delighted to share insights on the latest losses, exposures, and risk capital opportunities that businesses should be evaluating as they navigate this new technological era,” said Adam Peckman, Head of Risk Consulting & Cyber Solutions, Asia Pacific and Global Head of Cyber Risk Consulting of Aon.
Concurrently, FM hosted the session “Tomorrow’s Climate Risks –– When Insurance Alone isn’t Enough,” highlighting how intensifying climate change is rendering some exposure –– particularly in flood-prone Asia.
“Climate risks are evolving every day — causing more frequent & severe impacts. Hence insurance alone is not enough; uninsurable risks like market share loss, missed growth and negative investor confidence can harm businesses. Investing in resilience through protection and robust business continuity is the most reliable way to mitigate exposures,” said Jeffrey Toh, Senior Business Risk Consultant (Asia) of FM.
Following this, Swiss Re Corporate Solutions conducted the session “Assessing Physical Climate Risk: A Practical Guide for Risk Managers.” The session explored the growing impacts of climate change and highlighted how risk managers can take the lead in guiding their organisations through both tactical responses and long-term strategic planning.
“Asia is on the frontlines of physical climate risks — from rising sea levels and extreme heat to intensified typhoons and flooding. These hazards not only threaten infrastructure and supply chains but also amplify financial vulnerabilities for businesses across the region. However, with a data-driven approach to climate risk assessment, and investment in resilient infrastructure at high-risk locations, these risks can be better understood, mitigated, and managed,” said by Naika Meili, Climate Risk Specialist of Swiss Re Corporate Solutions.
Over in the next room, Marsh hosted the session “Supply Chain Resilience: Taking Control of the Risks You Never Knew You Always Had.” The session addressed growing threats to supply chains –– from geopolitics to flooding and regular compliance, highlighting the need for risk managers to identify exposures, plan contingencies, and consider risk transfer.
“In a rapidly changing landscape, supply chains face unprecedented disruptions that challenge predictability. To thrive, organisations must achieve deep visibility into their supply chains, understanding both risks and their operational impacts. By adopting innovative strategies and building enterprise resilience, your business can turn challenges into opportunities, emerging stronger and more agile,” said by Felix Titherley, Asia Crisis Management Lead of Marsh.
The Masterclass concluded with PARIMA’s second edition of the Next-Gen Risk Takers, with Muhammad Uzair Abd Rais as the winner –– speaking challenge for emerging Risk Professionals to share their risk-related learning and stories to a live audience. Winners of the challenge will be awarded with a subsidised trip and an opportunity to speak at the PARIMA Conference in Singapore, from 29 to 30 October 2025.
For more information on upcoming PARIMA Masterclasses 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 31 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
