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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Thursday, October 1, 2026

News

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Blackstone and former HDFC ERGO chief move ahead with India general insurer plan — Report
July 23 2026
The proposed venture could become the first new insurer with 90% foreign ownership since India liberalised its insurance sector's FDI limits.
Empty modern conference room with a long wooden table and black leather chairs, large windows with blurred city lights in the background.
Asia D&O rate cuts slow as board scrutiny intensifies: Howden
July 23 2026
Buyers still hold the advantage, particularly on excess layers, but underwriting discipline is returning after years of soft conditions.
Gavel beside a silver toy car with an open door on a gray surface, suggesting auto law or car accident legal matters.
India's top court warns insurers over policy ambiguity, urges IRDAI to standardise cross-border motor cover
July 23 2026
“Sloppy drafting could cost you something,” the bench told insurers while stressing the importance of precise policy drafting.
Two yellow vans partially submerged in muddy floodwater on a city street, with trees, a river, and tall buildings in the background.
APAC catastrophe losses remain subdued in H1 2026 as global protection gap widens: Aon
July 22 2026
The region's costliest event was seasonal flooding in China, which generated approx. US$4.9bn in economic losses.
sompo-holdings-to-restructure-into-two-global-segments
Sompo to acquire Brazil's Fator Seguradora to boost global specialty business
July 22 2026
The deal hands the Japanese insurer a Brazilian underwriter with strength in property, surety and financial Lines.
Aerial view of a river running through a densely built city with multiple bridges and a tall skyscraper on the right, mountains in the distance under cloudy skies. (Informative cityscape)
Regulation and investment income keep South Korea's non-life outlook stable despite weaker underwriting: AM Best
July 22 2026
Claims pressure from the end of the 2024 medical strike and years of motor rate cuts is pushing the strongest insurers abroad in search of new growth.
Panoramic city skyline with tall office towers and residential buildings surrounded by trees on a hazy day
Canara HSBC Life's VNB rises 29% as non-par savings and protection gain share
July 22 2026
A larger contribution from non-par savings products, combined with strong protection growth, helped Canara HSBC Life deliver stronger profitability in Q1 FY2027.
Panoramic city skyline with tall glass skyscraper and apartment blocks, a rooftop pool in the foreground, and an overcast sky.
India, Malaysia drive biggest insurance deals as APAC activity cools in Q2
July 22 2026
Against a broader regional slowdown, Southeast Asia stood out as the most active deal market.
Two firefighters in full turnout gear with red helmets and breathing apparatus walk near a fire engine.
Fire at South Korea's Coupang logistics hub raises liability questions — Report
July 22 2026
A reported KRW380bn (approx. US$257m) property policy covering Coupang's Incheon logistics centre is under scrutiny as investigators work to determine liability for the fire.
City skyline with financial graphs overlay, reflecting economic growth and market analysis.
AM Best assigns B+ rating to Philippines' MAAGAP as underwriting results improve in 2025
July 22 2026
"Ongoing remedial measures" helped steady the insurer's performance after natural catastrophe and large loss events caused volatility, the ratings agency said.
Person analyzes data on a desk, using a pen under a magnifying glass with a calculator and laptop nearby
Consumer advocates warn Australia’s proposed general insurance code weakens protections
July 21 2026
Consumer groups welcomed some proposed changes, but argue that around 28% of protection clauses have been removed or weakened.
AI chip symbol representing AI expansion in P&C insurance by Ping An.
Ping An reports 80% efficiency gain as AI expands across P&C operations
July 21 2026
The insurer said automation has cut motor policy processing times, doubled underwriter capacity and strengthened risk screening.
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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.