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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, October 24, 2026

News

irdais-new-draft-regulations-look-to-reduce-compliance-burden-while-increasing-policyholder-protection
IRDAI's new draft regulations look to reduce compliance burden while increasing policyholder protection
February 15 2024
Latest draft regulations propose impactful industry changes, including longer 'free-look' period and relaxation of approval to open foreign branches.
apra-chair-highlights-importance-of-insurance-affordability-and-accessibility-amid-rising-risks
APRA Chair highlights importance of insurance affordability and accessibility amid rising risks
February 15 2024
John Lonsdale was speaking to the Senate Economics Legislation Committee about APRA's interim supervision and policy priorities.
tasmania-maintains-insurance-tax-as-fire-services-levy-reform-put-on-ice
Tasmania maintains 'insurance tax' as Fire Services Levy reform put on ice
February 14 2024
Fire Services Levy reform hits standstill, leaving state as Australia's last to tax insurance for emergency services funding.
perils-pegs-initial-loss-of-australias-2023-christmas-storms-at-au1-4bn
PERILS pegs initial loss estimate of Australia's 2023 Christmas Storms at AU$1.4bn
February 14 2024
PERILS's first insurance loss estimate, for storms, that hit QLD, VIC, and NSW between 23 and 29 Dec, is AU$1.4bn (US$900m).
irdai-unveils-draft-regulations-for-indias-new-electronic-insurance-marketplace-bima-sugam
IRDAI unveils draft regulations for India's upcoming digital insurance marketplace, Bima Sugam
February 14 2024
The ambitious marketplace is being developed as a 'one stop shop' to improve insurance penetration in the country.
skuld-issues-notice-of-cancellation-for-red-sea-war-risk-cover
Skuld issues notice of cancellation for Red Sea War Risk cover
February 14 2024
Skuld announces cancellation of certain war risks after it received notice of cancellations from reinsurers.
wtw-and-solomon-agency-partner-on-north-american-exposure-of-south-korean-and-vietnamese-firms
WTW and Solomon Agency Corp partner on North American exposure of Asian businesses
February 14 2024
Strategic co-brokerage agreement aims to deliver tailored insurance solutions to South Korean and Vietnamese companies operating in North America.
japanese-non-life-insurers-told-to-offload-cross-held-shares-in-wake-of-price-fixing-probe
Japanese insurers told to offload cross-held shares in wake of price-fixing probe - report
February 12 2024
Concerns over influence of strategic shareholdings have prompted Japan's FSA to order insurers to divest from cross-held shares.
eka-lloyds-outlook-dowgraded-despite-90-cor-and-surge-in-gwp
Indonesia: Eka Lloyd's outlook dowgraded despite surge in GWP and 90% COR
February 9 2024
Fitch maintains ratings but revises outlook to negative, due to declining RBC ratio and concerns around challenges to meet new OJK equity requirements from 2026.
pacific-prime-expands-to-australia
Pacific Prime expands to Australia
February 9 2024
Days after acquiring a Malaysian broker, Pacific Prime reaffirmed its commitment to APAC growth by announcing it had opened shop in Australia through key hire of Michael Atta.
chinese-ships-secure-lower-insurance-rates-in-red-sea-amid-houthi-attacks-report
Chinese vessels gain access to reduced Red Sea rates amid Houthi strikes - report
February 8 2024
Chinese ships are benefiting from lower rates amid targeted Houthi attacks on Western vessels.
agricultural-insurance-company-of-india-launches-crop-insurance-pilot-for-small-tea-growers
Agricultural Insurance Company of India launches crop insurance pilot for small tea growers
February 8 2024
AICIL launches pilot scheme targeting small tea producers in three key regions, with plans for national expansion based on initial success.
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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.