News

australian-consumer-group-urges-govt-to-add-flood-risk-in-cyclone-reinsurance-pool-review

Australian consumer lobby urges government to add flood cover to Cyclone Reinsurance Pool

August 21 2025

ACIL’s call follows Brisbane City Council’s update to its flood map, which has seen thousands of properties reclassified as higher risk.

taiwans-mercuries-life-mulls-over-sale-overseas-partnerships-to-improve-capital-report

Taiwan's Mercuries Life mulls sale, overseas partnerships to improve capital: Report

August 20 2025

Under regulatory pressure to improve its capital adequacy, Taiwan's Mercuries Life is exploring a potential sale of the business along with other options.

premium-growth-fuels-uptick-in-penetration-rate-for-philippine-insurance-market-in-q2

13% premium growth fuels uptick in insurance penetration in the Philippines in Q2

August 20 2025

Total premium growth for the industry stood at 12.98% in Q2, with non-life leading the charge.

hdi-global-sees-strong-h125-financial-results-on-revenue-growth-resilience

HDI Global sees global insurance revenue grow 7% in H1 2025

August 19 2025

The units in Singapore and ANZ provided a strong boost to the group’s half-year results, the insurer says.

ASIC presses life insurers to lift standards in direct sales practices

August 19 2025

The regulator has highlighted ongoing concerns around cancellations, sales incentives, and complaint handling in the sector.

Mizuho Bank plans to cease hiring seconded insurance staff after data breaches

August 19 2025

The move follows regulatory scrutiny after millions of customer records were leaked from major Japanese insurers.

australian-new-zealand-cyber-insurers-tighten-requirements-amid-rising-global-rates

Australia, New Zealand cyber insurers tighten requirements

August 19 2025

Insurers in Australia and New Zealand list more cybersecurity prerequisites for coverage than the global average, a new report shows.

hong-kongs-insurance-sector-to-see-lowest-growth-rate-in-2025-projected-to-reach-us10-9b-by-2029

Hong Kong Insurance Authority, seven insurers launch AI cohort programme

August 18 2025

The AI Cohort Programme aims to build an AI Centre of Excellence in Hong Kong and promote industry-wide knowledge sharing.

generali-introduces-new-club-to-drive-mdrt-qualifiers-in-asia

Generali, UNDP launch MSME insurance challenge in Thailand

August 18 2025

The Insurance Innovation Challenge will back new solutions to improve insurance access for MSME employees in Thailand.

Japan's Kyushu flooding likely to reach economic losses in the hundreds of millions, says Aon

August 18 2025

Severe flooding across Kyushu region highlights mounting pressure on Japan's insurance market as natural disasters become more frequent and costly.

_fitch-ratings-raises-capital-strain-concern-over-potential-merger-of-3-state-reinsurers-in-indonesia

Fitch flags capital risks in planned merger of Indonesia Re, Nasional Re, and Tugure

August 18 2025

In June 2025, Indonesia's sovereign wealth agency Danantara announced a plan to merge Indonesia Re, Nasional Re, and Tugure.

capbridge-enters-insurance-distribution-through-singlife-partnership

CapBridge enters insurance distribution through SME-focused Singlife partnership

August 18 2025

The partnership will see CapBridge integrate Singlife’s insurance offerings into its existing digital investment platform for SMEs and investors.

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