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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, November 6, 2026

Insurtech

The entrance to the hong kong mercantile authority.
HKMA to expand fintech initiative to include insurers
August 25 2023
The Hong Kong Monetary Authority has announced it will expand its Fintech 2025 plan beyond banking to include insurance, wealth management, and capital markets.
onedegree-bets-on-apac-cyber-market
OneDegree bets on APAC cyber market
August 22 2023
Co-founder Alex Leung spoke to (Re)in Asia about OneDegree’s evolving strategy, including the launch of Cymetrics - a SaaS cybersecurity product.
indian-insurtech-square-insurance-secures-1m-funding-from-recur-club
Indian insurtech Square Insurance secures $1M funding
August 22 2023
The digital broker plans to use the capital injection on technology and expansion.
vesttoo-situation-underlines-importance-of-managing-counterparty-risk-am-best
Vesttoo situation underlines importance of managing counterparty risk: AM Best
August 18 2023
An AM Best report shows letters of credit account for 22% of total collateral held, emphasising the need for rigorous due diligence.
perils-third-industry-loss-estimate-for-nzs-cyclone-gabrielle-surpasses-nz-2bn
PERILS releases third loss estimate for Cyclone Gabrielle, surpassing NZ$2bn
August 17 2023
The industry loss estimate for the February Nat Cat has increased to NZ$2.018bn (US$1.19bn).
vesttoo-files-for-chapter-11-new-ceo-pledges-to-fight-scandal
Vesttoo files for Chapter 11, Interim CEO pledges to fight scandal
August 15 2023
The insurtech has pledged to preserve the company and pursue legal action relating to its fraudulent letters of credit scandal.
ami-barlev-steps-in-as-interim-ceo-at-vesttoo-in-an-attempt-to-avert-crisis-and-lead-recovery
Ami Barlev steps in as Interim CEO at Vesttoo in an attempt to avert crisis and lead recovery
August 10 2023
Interim CEO signals that the company is determination to navigate through fraudulent collateral scandal.
korean-insurtech-carrot-general-insurance-appoints-ex-apple-ai-expert-as-cto-report
Korean Insurtech Carrot Insurance appoints ex-Apple AI expert as CTO: report
August 8 2023
The Korea Herald reports that Jinho Lee has joined with the firm looking to expand beyond vehicle insurance using data-driven solutions.
PERILS-releases-third-loss-estimate-for-Auckland-Anniversary-floods
PERILS releases third loss estimate for Auckland Anniversary floods
August 4 2023
PERILS's latest estimate puts the New Zealand flood loss figure at NZ$2bn.
insurtech-qoala-trims-80-jobs-four-months-after-us7-5m-series-b-round-report
Insurtech Qoala trims 80 jobs four months after US$7.5m Series B round: report
August 3 2023
The Indonesian insurtech said that the lays offs were made following a post-funding assessment, citing the need to improve internal synergies for better future sustainability.
insurtech-vesttoo-cuts-staff-by-75-shuts-down-asian-operations-following-fake-letters-of-credit-crisis-report
Insurtech Vesttoo cuts staff by 75%, shuts down Asian operations following fake letters of credit crisis: report
August 2 2023
In the wake of the US$4bn credit letter scandal, the insurtech said it was taking measures to reduce costs and focus on core services.
taiwans-msig-mingtai-to-use-moodys-rms-solutions-to-enhance-disaster-risk-analytics
Taiwan's MSIG Mingtai to use Moody's RMS solutions to enhance disaster risk analytics
July 31 2023
MSIG Mingtai has adopted Moody's RMS solutions to enhance their earthquake and typhoon risk analytics models,.
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