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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, August 31, 2026

Life and Health

am-best-assigns-first-ratings-to-hong-kongs-well-link-life
AM Best assigns first ratings to Hong Kong's Well Link Life
February 9 2024
The growing life insurer receives 'B+' Financial Strength Rating and "bbb-" Long-Term Issuer Credit Rating with a stable outlook.
pacific-prime-expands-to-australia
Pacific Prime expands to Australia
February 9 2024
Days after acquiring a Malaysian broker, Pacific Prime reaffirmed its commitment to APAC growth by announcing it had opened shop in Australia through key hire of Michael Atta.
fosun-renews-efforts-to-sell-majority-stake-in-peak-re-report
Fosun renews efforts to sell stake in Peak Re - report
February 8 2024
Bloomberg reports that Fosun International is reviving plans to sell its majority stake in the Hong Kong-based reinsurer, aiming for a US$1bn valuation.
tong-yang-lifes-capitalisation-remains-robust-under-new-k-ics-and-ifrs-17-standards
Tong Yang Life's capitalisation remains robust under new K-ICS and IFRS 17 standards
February 8 2024
Despite reduced profits in 2022, Tong Yang Life Insurance maintains A- rating with stable outlook from Fitch.
cps-230-means-increasing-focus-on-cyber-risk-for-australian-insurers
CPS 230 means increasing focus on cyber risk for Australian insurers 
February 8 2024
Insurers will need to focus on fourth and fifth party outsourcing as part of the new APRA standard.
bandhan-gets-final-nod-for-aegon-life-acquisition-report
Bandhan gets final nod for Aegon Life acquisition - report
February 7 2024
Final regulatory approval clears the path for Bandhan Financial Holdings to enter life market for the first time.
india-braces-for-new-entrants-to-its-onshore-reinsurance-market
India braces for new entrants to its onshore reinsurance market
February 7 2024
Regulators have been travelling overseas to tout the country's strengths as a fast-growing place to do business.
indonesias-insurance-sector-set-for-consolidation-due-to-upcoming-minimum-capital-requirements
New capital requirements to drive consolidation in Indonesia's insurance market
February 6 2024
OJK will raise minimum requirements in 2026 and again in 2028, creating a leaner but more robust industry, Fitch said.
india-expands-support-for-flagship-crop-insurance-programme
India expands support for flagship crop insurance programme 
February 5 2024
Latest budget sees modest increase to 146bn rupees (US$200m), however life and health insurance tax reforms left unaddressed.
mas-proposal-looks-to-simplify-purchase-of-life-and-critical-illness-policies
MAS proposal looks to simplify purchase of life and critical illness policies
February 2 2024
MAS seeks feedback on proposal to reduce information required for insureds to obtain coverage.
fwd-group-trims-workforce-by-50-in-push-toward-profitability-report
FWD Group trims workforce by 50 in push toward profitability - report
February 2 2024
Anonymous sources told Reuters that workforce has been trimmed by 50, primarily affecting its Hong Kong and Singapore operations.
vc-technology-and-adaption-key-to-continued-insurance-expansion-in-gba-experts-say
VC, technology, and adaption key to continued expansion in GBA, experts say
February 2 2024
At the InsureTech Connect Asia Roadshow in Hong Kong, industry leaders discussed the potential and challenges of further tapping into the Greater Bay Area's insurance market.
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