News

taiwan-fsc-unveils-four-tier-solvency-framework-under-revised-insurance-capital-rules

Taiwan FSC releases draft outsourcing rules for insurers to strengthen operational oversight

October 17 2025

The draft regulations, open for a 60-day public consultation, outline new governance and contract management requirements for insurers' outsourced operations.

New Zealand’s national adaptation framework sets out 16-point climate resilience plan, backed by ICNZ

October 16 2025

The framework includes a national flood map by 2027 and will require councils to prepare 30-year adaptation plans for high-risk areas.

Thailand regulator targets climate risks, ageing society, and digital shift in new five-year plan

October 16 2025

Industry representatives raised issues such as low interest rates, healthcare costs, and insurance access during the OIC’s public consultation.

fitch-ratings-sees-tighter-commission-controls-to-push-disciplined-underwriting-in-chinas-non-motor-insurance-sector

Commission clampdown to enhance non-motor underwriting but pressure smaller insurers in China: Fitch

October 16 2025

Fitch says new NFRA rules will drive Chinese insurers to invest in data and technical pricing as non-motor lines face profitability challenges.

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APAC insurers, asset managers play catch-up on cyber insurance as adoption lags: Moody's

October 16 2025

APAC insurers also expect stable or falling cyber insurance prices, in contrast to forecasts in the Americas and EMEA.

360 Underwriting expands into crop insurance with CRU acquisition

October 16 2025

The acquisition is part of the group's target of reaching broader coverage options for regional brokers and agricultural clients.

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Philippines secures $400m ADB loan to modernise insurance sector and boost economic growth

October 15 2025

This is ADB's first dedicated insurance reform programme in the Philippines.

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Global insured catastrophe losses hit lowest Q3 level in a decade, APAC losses subdued despite severe floods: Gallagher Re

October 15 2025

Global economic losses reached about US$214bn year-to-date, while insured losses totalled roughly US$105bn.

Insurance Council of Australia pushes for civil liability law overhaul as business premiums surge 60%

October 15 2025

The industry body says procedural reform and consistent national rules are needed to tackle rising legal costs and restore public liability market stability.

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Marsh McLennan to rebrand as Marsh from 2026, launch new tech and data unit; Guy Carpenter to become Marsh Re

October 15 2025

The rebrand will see Marsh and Mercer operate under a single name, while Oliver Wyman and Guy Carpenter adopt new market identities.

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Australian court blocks Marsh’s bid to pursue English injunction in A$7bn Greensill dispute

October 15 2025

The Federal Court’s ruling halts Marsh’s efforts to seek relief in England while local Greensill insurance claims proceed toward a consolidated trial.

markel-launches-financial-institutions-insurance-suite-in-australia

Markel International restructures operations into five regional businesses

October 14 2025

Markel International’s new model introduces five regional units: Asia-Pacific, Canada, Europe, London Market, and UK operations.

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