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Emerging risks | Growth Opportunities | APAC Insurance

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Tuesday, November 3, 2026

News

A scooter rider navigates a flooded street in heavy rain in China.
China’s nat cat economic losses near US$30bn in first nine months of 2026
October 23 2026
Floods and typhoons generated nearly 90% of economic losses, with disaster impacts concentrated in Southwest, South and East China.
Insurers back Victoria's mandatory flood planning rules - Insurance Council of Australia
Victoria moves to keep new homes off highest-risk floodplains
October 23 2026
New controls tied to a five-tier risk rating won backing from the Insurance Council of Australia, which had lobbied for mandatory rules.
Edward Moncreiffe, AIA regional chief executive, pictured over a city skyline bearing the AIA logo.
AIA taps former HSBC insurance chief Edward Moncreiffe as regional chief executive
October 23 2026
He will take charge of India, Sri Lanka, Australia and New Zealand from 2 November, joining the Group Executive Committee and reporting to Lee Yuan Siong.
Kasikornbank headquarters with Thai and green flags outside.
PVI Insurance partners with KBank, eyes APAC expansion opportunities
October 23 2026
Backed by double-digit revenue growth in 2026, PVI Insurance is partnering with one of Thailand's largest banks to support its expansion across Asia Pacific.
Hong Kong skyline and Victoria Harbour viewed from above, featuring dense high-rise buildings and the Bank of China Tower.
Asia commercial property rate cuts deepen to 7% in Q3
October 23 2026
Overall commercial insurance rates fell 6% for the region, according to Marsh, marking the region’s 11th consecutive quarter of decline amid ample capacity and strong insurer competition.
Seoul commercial buildings bearing Kyobo and Lifeplanet signs against a partly cloudy sky.
South Korea's premium growth to halve to 3.5% in 2027 amid regulatory pressures
October 22 2026
Life premiums are expected to rise 2.3%, while non-life premiums could grow 4.5%, driven by protection products, according to KIRI.
Sompo Japan sign outside a tall office building beneath a bright blue sky.
Sompo Japan taps CyberCube tools to expand cyber insurance growth
October 22 2026
The agreement expands CyberCube’s Asian client base, following recent partnerships in the Philippines, Singapore and India.
A city skyline with high-rise buildings, a historic station and rail tracks beside a river at sunset.
Pacific extends run of double-digit commercial rate falls in Q3
October 22 2026
Marsh data shows that property and financial lines rate declines eased, but casualty and cyber pricing continued to soften as capacity remained abundant.
A city skyline and illuminated Ferris wheel overlook a river at dusk.
China Life Insurance plans to sell stake in pension unit for US$621.2m 
October 22 2026
The divestment is expected to provide the pension unit with broader resources while allowing China Life Insurance to retain a 37.01% stake.
Storm clouds loom over a high-rise coastal city as rough waves batter an eroding beach.
ARPC cyclone pool premium adequacy slips below cost-neutral level despite operating surplus
October 22 2026
Going forward, ARPC expects pricing adjustments and investment income to support the pool's return to long-term cost neutrality.
People gather to survey mud and debris covering a residential street.
APAC avoids major insured-loss event despite elevated catastrophe activity: Gallagher Re
October 21 2026
Gallagher Re warned that a potentially record-strength El Niño could reshape catastrophe risk patterns and loss activity across the region in 2027.
Adelaide skyline and convention centre beside the River Torrens, viewed across surrounding parkland.
AUB Group to acquire One Underwriting Australia from Aon 
October 21 2026
The acquisition of the specialist insurance MGA comes as AUB continues to build scale across its agencies portfolio while expanding its insurer and market partnerships.
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