News

MAS issues transition planning guidelines to strengthen financial institutions’ climate risk management

March 6 2026

The new framework for banks, insurers, and asset managers will take effect in September 2027.

China courts see 21% rise in insurance disputes in 2025

March 6 2026

Property, life, and surety insurance disputes all saw significant changes in volume and value, official data shows.

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Mitsui Sumitomo completes 15% stake acquisition in W. R. Berkley

March 5 2026

MSI says it intends to pursue strategic opportunities with W. R. Berkley following the investment.

Hong Kong regulators expand GenAI Sandbox to cover insurance and wider financial sector

March 5 2026

GenAI Sandbox++ extends the scope of the SAR's original banking-focused AI sandbox to include insurance, asset management, and more.

ping-an-assists-corporate-clients-evacuate-from-middle-east-conflict-zones

Ping An assists corporate clients to evacuate from Middle East conflict zones

March 5 2026

Ping An’s emergency response unit issued 59 risk alerts and 23 analysis reports on Middle East tensions, responding to 52 customer enquiries since January.

south-korea-to-launch-24-hour-taskforce-to-monitor-middle-east-conflict-risks

South Korean regulator to launch 24-hour task force to monitor Middle East conflict risks

March 5 2026

South Korea’s financial authorities have pledged coordinated action, data exchange, and support measures in response to heightened geopolitical tensions in the Middle East.

Japanese insurers consider widening high-risk shipping zones near Iran conflict — Report

March 5 2026

Tokio Marine & Nichido Fire Insurance, Mitsui Sumitomo Insurance, and Sompo Japan are considering broadening their high-risk zones amid the escalating Middle East conflict.