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Emerging risks | Growth Opportunities | APAC Insurance

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Tuesday, September 8, 2026

News

Prudential
Prudential sees 1.4% decline in new business profit for 1H 2024 
August 28 2024
Group sees 9% increase in operating profit, but a drop in new business profit for the first half of th year.
zurich-malaysia-and-gxbank-agree-10-year-bancassurance-partnership
Zurich Malaysia and GXBank launch embedded cyber insurance solution
August 28 2024
Insurer and digital bank strengthen bancassurance partnership, providing GXBank's customers with up to MYR20k (US$4.6k) coverage for unauthorised electronic transactions.
apra-outlines-plan-to-close-australias-household-insurance-protection-gap
APRA outlines plan to help close Australia’s household insurance protection gap 
August 28 2024
In its 2024-2025 corporate plan, the regulator emphasises the need for collaboration to improve affordability and strengthen the insurance industry’s resilience. 
general-insurers-warned-that-unqualified-expert-opinions-are-being-used-in-claims-decisions
General insurers warned that unqualified expert opinions are being used in claims decisions
August 28 2024
Australia's Code Governance Committee report says it reveals "a landscape where external experts provide opinion outside the scope of their expertise, potentially leading to poor claims decisions, disputes...
over-2-million-customer-records-leaked-in-seconded-employee-data-breach-cases-report
Over 2 million customer records leaked in Japan seconded employee data breaches: Report
August 28 2024
Japan's non-life insurers set to report to Financial Services Agency within the week over significant unauthorised sharing of rival data.
indian-insurtech-insurancepadosi-raises-us500k-in-antler-led-funding-round
Indian's InsurancePadosi raises US$500K in Antler-led funding round 
August 27 2024
Insurtech plans to use the funds to enhance its AI-driven platform and expand its product offerings.
FWD
FWD Group report 14% year-on-year VONB growth for 1H 2024 
August 27 2024
FWD also posted US$223m in operating profits, driven by positive performance across all its geographic business segments. 
japans-motor-premiums-to-see-3-5-to-5-increase-next-year-report
Japan’s motor premiums to see 3.5% to 5% increase next year - report
August 27 2024
Amid inflation and nat cats, Japan's big four non-life insurers plan to hike premiums by 3.5% to 5% from January 2025. 
taishin-and-shin-kong-announce-merger-amid-ctbc-takeover-bid
Takeover battle for Shin Kong Financial intensifies with CTBC’s new bid 
August 26 2024
CTBC makes new offer to acquire a majority stake in Shin Kong, with a premium above rival Taishin's offer.
indonesian-government-to-disband-pt-asuransi-jiwasraya-following-years-of-trouble
Indonesian government to disband PT Asuransi Jiwasraya following years of trouble 
August 26 2024
Indonesia’s Ministry of State-Owned Enterprises will transfer policies worth IDR38 trillion (US$2.4 billion) in the “biggest restructuring ever in the history of Indonesia's insurance industry.” 
korean-insurers-reviewing-ev-policies-and-premiums-amid-fire-incidents
Korean insurers reviewing EV policies and premiums: Report
August 26 2024
Korean insurers likely to raise rates, amid general EV growth and recent high-profile incidents.
acil-calls-for-equitable-contributions-in-aprcs-cyclone-reinsurance-pool
Consumer watchdog calls for ‘equitable contributions’ in Australia's Cyclone Reinsurance Pool 
August 23 2024
ACIL has asked the Joint Select Committee to ensure residents of Northern Australia are considered during the review of the ARPC's premium rates.
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