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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, October 24, 2026

News

hsbc-life-breaks-world-record-with-us250m-life-insurance-policy
HSBC Life breaks world record with US$250m life insurance policy
February 29 2024
New Guinness World Record set in Hong Kong as US$250m individual life insurance policy eclipses previous US$201m record certified in California.
japanese-non-life-insurers-to-divest-from-cross-held-shares-report
Japanese non-life insurers to divest from cross-held shares over next few years - report
February 29 2024
FSA crackdown on collusion practices prompts JPY6.5tn (US$43bn) share divestment by Japanese insurers.
sompo-japan-chairman-keiji-nishizawa-to-step-down-report
Sompo Japan Chairman Keiji Nishizawa to step down - report
February 29 2024
Nishizawa looks set to step down and would be the latest high-profile resignation in the wake of the Japanese insurance industry's Bigmotor and price-fixing scandals.
hong-kong-earmarks-ils-and-captives-in-2024-25-budget
Hong Kong earmarks ILS and captives in 2024-25 budget
February 28 2024
ILS and captives key measures among other insurance-relevant plan and align with Insurance Authority's 2024-25 twin priorities.
bandhan-financial-holdings-finalises-acquisition-of-aegon-life
Bandhan Financial Holdings finalises acquisition of Aegon Life
February 27 2024
The acquisition, first announced in July 2023, has been finalised, marking BFHL strategic entry into insurance.
allianz-asia-pacific-reports-33-growth-in-operating-profit
Allianz Asia Pacific reports 33% operating profit growth in 2023
February 26 2024
Allianz APAC's Life & Health business saw operating profits grow 35%, while P&C business grew 26%.
irdai-maintains-obligatory-cession-rate-at-4-for-2024-25
IRDAI maintains obligatory cession rate at 4% for 2024-25
February 25 2024
Insurers to continue ceding 4% of GI business to GIC Re, excluding terrorism and nuclear pool premiums.
zurich-opts-for-70-upfront-stake-purchase-of-kotak-general
Zurich opts for 70% upfront stake purchase of Kotak General
February 23 2024
Kotak Mahindra Bank announced Zurich's revised plan to acquire 70% stake in single transaction, altering the initial phased acquisition strategy.
zurich-asia-pacifics-operating-profit-surge-18-to-record-us565-million
Zurich Asia Pacific’s operating profits surge 18% to record US$565 million
February 23 2024
APAC P&C gross written premiums up 11%, while life insurance business surge 88%.
manulife-completes-landmark-us9-64bn-ltc-reinsurance-deal-with-global-atlantic
Manulife completes landmark LTC reinsurance deal with Global Atlantic
February 23 2024
Landmark deal was first announced in December and includes two Japanese whole life product blocks.
nsw-launches-first-state-disaster-mitigation-plan-to-combat-rising-nat-cat-costs
NSW launches Australia's first State Disaster Mitigation Plan to help combat rising nat cat costs
February 23 2024
Plan promises a proactive approach to disaster risk reduction including improved early warning systems and reviews of building codes and insurance levy arrangements.
irdai-proposes-new-collateral-requirements-for-cross-border-reinsurance-deals
Indian cedents likely to face new collateral requirements for cross-border reinsurance transactions
February 22 2024
IRDAI issues draft guidelines mandating new collateral requirements from FY 2025-26.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.