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Cover Notesby(Re)in Asia
Monday 5 October 2026Published 9am HKT
Main stories 5 stories
  1. APAC insurers take ‘wait and watch’ approach to prediction markets

    A (Re)in Asia feature finds APAC insurers view prediction markets as potential sources of weather-risk data and narrow hedges, not yet as established tools or competitive threats. The region’s exposure to typhoons, floods and droughts, coupled with just 14% of disaster losses being insured, gives both applications potential relevance. However, regulatory barriers, disputed settlements and concerns over data integrity still stand between insurers and wider use of prediction markets. PremiumFull story

  2. IRDAI’s proposed commission caps draw sharp pushback from brokers

    The Insurance Brokers Association of India, representing 798 licensed brokers, opposed IRDAI’s proposal to restore line-by-line commission caps. Intermediaries warned that the proposed caps could hurt policyholders and shrink distribution reach, while the association said both brokers and insurers could lose jobs. IRDAI’s chairman has defended the changes, saying the proposed reforms aim to improve affordability and narrow the information gap between insurance sellers and buyers. PremiumFull story

  3. China bats for wider domestic trade credit insurance coverage

    China’s NFRA and the Ministry of Commerce called for wider domestic trade credit insurance coverage, encouraging co-insurance for large emerging-industry exposures and greater reinsurance support. A nine-task notice seeks to support domestic demand while pairing wider cover with stronger underwriting, shared credit data and industry-wide exposure monitoring. Local commerce authorities have also been encouraged to share business lists with insurers, with leading companies used to promote domestic trade credit coverage across supply chains. PremiumFull story

  4. Gallagher acquires New Zealand broker Albany Insurance

    Arthur J. Gallagher & Co. has acquired Albany Insurance Services, its second Pacific retail broking deal this year. The New Zealand broker serves commercial and personal lines clients in Auckland and Canterbury, extending Gallagher’s retail footprint in the country. Albany’s team will join Gallagher’s New Zealand operations, reporting to the head of its local retail business. PremiumFull story

  5. South Korea FSS targets insurance broadcast ads over elevated mis-selling

    South Korea’s Financial Supervisory Service called for stronger controls on insurance broadcast advertising after policies sold through the channel recorded three times the mis-selling rate of other channels in 2025. The FSS said industry self-regulation had failed to stop repeated provocative or exaggerated advertising by insurers and home-shopping general agencies. Insurance associations say they will refine advertising review standards and develop disclosure criteria following industry consultation, potentially covering insurers’ broadcast frequency and airtime. PremiumFull story

Then 2 appointments and 6 other stories

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FeatureAPAC insurers take ‘wait and watch’ approach to prediction markets

A (Re)in Asia feature finds APAC insurers view prediction markets as potential sources of weather-risk data and narrow hedges, not yet as established tools or competitive threats. The region’s exposure to typhoons, floods and droughts, coupled with just 14% of disaster losses being insured, gives both applications potential relevance. However, regulatory barriers, disputed settlements and concerns over data integrity still stand between insurers and wider use of prediction markets. PremiumFull story

  • The news.Know what moved, at a glance.
  • The numbers.Judge in a second whether it touches your book.
  • The catch.Understand what stands in the way.
  • What comes next.Know what to watch for.
The newsKnow what moved, at a glance.
The numbersJudge in a second whether it touches your book.
The catchUnderstand what stands in the way.
What comes nextKnow what to watch for.

DistributionIRDAI’s proposed commission caps draw sharp pushback from brokers

The Insurance Brokers Association of India, representing 798 licensed brokers, opposed IRDAI’s proposal to restore line-by-line commission caps. Intermediaries warned that the proposed caps could hurt policyholders and shrink distribution reach, while the association said both brokers and insurers could lose jobs. IRDAI’s chairman has defended the changes, saying the proposed reforms aim to improve affordability and narrow the information gap between insurance sellers and buyers. PremiumFull story

  • The pushback.Know who is challenging the proposal.
  • The impact.See what could change for customers.
  • The stakes.Understand the consequences for the industry.
  • The response.Hear the regulator’s case for reform.
The pushbackKnow who is challenging the proposal.
The impactSee what could change for customers.
The stakesUnderstand the consequences for the industry.
The responseHear the regulator’s case for reform.

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Cover Notesby(Re)in Asia

Monday 5 October 2026

Published 9am HKT

Main stories 5 stories

Storm cloud over a coastal city with a hanging tag reading ‘YES 65¢, NO 35¢’

A (Re)in Asia feature finds APAC insurers view prediction markets as potential sources of weather-risk data and narrow hedges, not yet as established tools or competitive threats. The region’s exposure to typhoons, floods and droughts, coupled with just 14% of disaster losses being insured, gives both applications potential relevance. However, regulatory barriers, disputed settlements and concerns over data integrity still stand between insurers and wider use of prediction markets. PremiumFull story

The Insurance Brokers Association of India, representing 798 licensed brokers, opposed IRDAI’s proposal to restore line-by-line commission caps. Intermediaries warned that the proposed caps could hurt policyholders and shrink distribution reach, while the association said both brokers and insurers could lose jobs. IRDAI’s chairman has defended the changes, saying the proposed reforms aim to improve affordability and narrow the information gap between insurance sellers and buyers. PremiumFull story

China’s NFRA and the Ministry of Commerce called for wider domestic trade credit insurance coverage, encouraging co-insurance for large emerging-industry exposures and greater reinsurance support. A nine-task notice seeks to support domestic demand while pairing wider cover with stronger underwriting, shared credit data and industry-wide exposure monitoring. Local commerce authorities have also been encouraged to share business lists with insurers, with leading companies used to promote domestic trade credit coverage across supply chains. PremiumFull story

Arthur J. Gallagher & Co. has acquired Albany Insurance Services, its second Pacific retail broking deal this year. The New Zealand broker serves commercial and personal lines clients in Auckland and Canterbury, extending Gallagher’s retail footprint in the country. Albany’s team will join Gallagher’s New Zealand operations, reporting to the head of its local retail business. PremiumFull story

South Korea’s Financial Supervisory Service called for stronger controls on insurance broadcast advertising after policies sold through the channel recorded three times the mis-selling rate of other channels in 2025. The FSS said industry self-regulation had failed to stop repeated provocative or exaggerated advertising by insurers and home-shopping general agencies. Insurance associations say they will refine advertising review standards and develop disclosure criteria following industry consultation, potentially covering insurers’ broadcast frequency and airtime. PremiumFull story

Appointments 2 appointments

Other stories 6 stories

‹ Fri 2 OctTue 6 Oct ›

For the chief executive, before the board meeting.

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