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Munich Re regains top spot in AM Best reinsurer rankings as APAC groups reshuffle

August 19 2026

A stronger euro helped the German reinsurer overtake Swiss Re, while Peak Re climbed to 12th on revenue growth and Korean Re slipped to eighth.

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Australia mandates accident insurance for gig delivery workers under new standards

August 19 2026

Under the new guidelines, platforms must provide a “reasonable minimum level of cover” for personal accident risks linked to delivery work.

Modern high-rise bank building featuring Woori Bank logos on a blue glass facade against a clear blue sky.

Woori Financial to build US$39bn life insurer through Tongyang-ABL merger

August 18 2026

Group says it aims to build a larger, technology-driven life insurer focused on profitability, operational efficiency and ageing-related insurance demand.

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Japan life insurers' unrealised bond losses surge 60% as JGB yields rise — Report

August 18 2026

Unrealised losses on domestic bonds had reached JPY30.86 trillion (US$193bn) by 30 June, according to data compiled by Nikkei.

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Japan's Kumamoto earthquake triggers over 40,000 insurance claims

August 18 2026

GIAJ data up to 31 July shows Kumamoto prefecture accounts for 37,620 of the accepted cases.

Aon launches Sidecar X with US$200m transactional risk capacity

August 18 2026

The platform offers pre-agreed underwriting and claims frameworks and a 10% premium discount, and is open only to Aon clients in the US, Canada, the UK, Europe and Asia.

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Typhoon Dolphin drives nearly 130,000 insurance claims across China

August 18 2026

Estimated losses reached CNY1.75bn (US$259.5m), with insurers having paid or prepaid CNY80m across six regions by 12 August.

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Zurich Takaful, Islamic Aid Malaysia lift water woes for 2,000 Kelantan residents

August 17 2026

Villagers relying on a gravity-fed water system now benefit from an upgraded intake structure and two 3,000-gallon storage tanks.

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China insurers face subdued growth in H2 2026 as regulatory overhaul reshapes sector — Fitch

August 17 2026

Life insurance growth remained subdued in H1, while health and non-motor business supported gains in the non-life sector amid sweeping regulatory changes.

Aerial view of a large black-and-red oil tanker sailing through calm blue sea with a yellow smokestack and white superstructure at the stern.

Japan weighs state reinsurance for Gulf tankers to safeguard oil imports — report

August 17 2026

The proposed measure would cover claims if insurers cannot secure overseas reinsurance.

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JKL weighs public sale of Lotte Non-Life as negotiations with Shinhan stall — report

August 17 2026

While JKL faces growing pressure to exit Lotte Non-Life, the bidder has little incentive to increase its offer.

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MSIG Singapore records 94% claims settlement ratio in 2025

August 17 2026

The insurer settled 92% of fast-track claims within three days.

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