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asic-targets-insurance-misconduct-as-complaints-soar-and-climate-risks-intensify

ASIC cancels CAIP Services broker's licence over inactivity

July 13 2026

The former general and life risk insurance adviser held its licence for 13 years before ASIC found it had stopped trading and struck it off.

City skyline overlaid with multicolored translucent line graphs representing data trends.

AM Best assigns A- rating to Ping An Hong Kong as underwriting margin improves

July 13 2026

The Hong Kong subsidiary swung back to profit in 2024, with the ratings agency also pointing to the importance of its cross-border role linking mainland China and Hong Kong.

19-global-insurers-tapped-to-back-ifcs-6bn-credit-risk-transfer-facility-for-emerging-markets

Brown & Brown and Howden climb AM Best global broker top 10

July 10 2026

Acquisition-led growth propelled several brokers up AM Best's latest global rankings, with Marsh retaining its top spot for a 16th consecutive year.

japan-post-insurance-to-shift-bond-portfolio-as-rate-hikes-loom-report

Japan Post, SCOR sign MOU for reinsurance vehicle, ceding of life policies

July 10 2026

The Japanese insurer plans to hold less than 50% of the voting rights in the SCOR-run structure, which would pool and diversify risks from both firms.

Map showing China in yellow surrounded by neighboring countries in pink and purple, including India, Mongolia, Korea, and Japan on a globe-like projection

China's July floods drive 320,000 claims, US$323m in payouts so far

July 10 2026

Reservoir breaches from Typhoon Maysak drove much of the loss, with insurers bracing for more as Typhoon Bavi approaches.

Lockton names Mike Griffiths as regional director, healthcare for Asia

July 10 2026

His move comes amid a run of leadership hires at the broker's Asia business over the last month.

Lockton taps Martin Allain as head of wholesale for Asia placement team

July 10 2026

Former THB and Howden executive joins the broker's regional placement team after returning from retirement.

Echo Re taps Ankur Sharma as principal officer of India GIFT City branch

July 10 2026

The hire marks the latest step in the reinsurer's push into the Indian subcontinent, following its GIFT City licence approval in March.

Lloyd's Asia premiums flat in 2025 after four years of growth

July 10 2026

A first fall in offshore business since 2020 offset continued onshore growth, while inward reinsurance set a new high.

Map of China with a small Chinese flag pinned to mark a location on the country outline and surrounding regions nearby in orange and blue seas.

China's insurers fast-track claims after deadly Guangxi floods, Hubei tornadoes

July 10 2026

Ping An P&C alone has reported more than 10,000 claims worth an estimated CNY110m (US$16.17m).

White Tesla Model X with falcon wing doors raised, a man sits in the driver’s seat inside a showroom.

ICA calls on government to require carmakers to sell parts to independent repairers

July 10 2026

Industry body says broader Right to Repair reforms would help curb repair costs and reduce upward pressure on motor insurance premiums.

Four girls and a supervising adult at a cafeteria table, chatting and eating lunch items like fruit, bread, and vegetables.

AIA names winners of Healthiest Schools competition, expands programme to Myanmar and New Zealand

July 10 2026

The insurer awarded US$100,000 to schools across Asia Pacific as it broadens the initiative's regional footprint for 2026/27.

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