Life and Health

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FSC to extend ultimate forward rate period to 30 years

October 20 2025

The agency also said it will set K-ICS ratio regulations within the year and review surrender value reserve rules to reinforce capital quality and solvency oversight.

AIA, Prudential named Hong Kong's first Domestic Systemically Important Insurers under IA framework

October 17 2025

The Insurance Authority’s new macroprudential framework introduces enhanced oversight for insurers deemed critical to the city's financial stability.

Prudential Financial appoints Brad Hearn as CEO of Japan insurance operations

October 17 2025

Internal promotion sees COO step up to lead business in Tokyo.

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CALI to set new standards for mental health claims in Australian life insurance

October 17 2025

Insurers and experts will collaborate on a new framework amid mental health becoming the fastest-growing cause of claims.

APAC employer medical plan costs to rise 11.3% in 2026, Aon forecasts

October 17 2025

Rate of growth set to slow slightly, but chronic disease, higher healthcare use, and new technology continue to push medical costs higher across APAC.

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Taiwan FSC releases draft outsourcing rules for insurers to strengthen operational oversight

October 17 2025

The draft regulations, open for a 60-day public consultation, outline new governance and contract management requirements for insurers' outsourced operations.

Thailand regulator targets climate risks, ageing society, and digital shift in new five-year plan

October 16 2025

Industry representatives raised issues such as low interest rates, healthcare costs, and insurance access during the OIC’s public consultation.

APAC insurers race ahead on AI with new ROI avenues, tighter governance

October 15 2025

Insurers are restructuring governance and training to balance AI innovation with oversight and human expertise.

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Marsh McLennan to rebrand as Marsh from 2026, launch new tech and data unit; Guy Carpenter to become Marsh Re

October 15 2025

The rebrand will see Marsh and Mercer operate under a single name, while Oliver Wyman and Guy Carpenter adopt new market identities.

Howden acquires Omni to expand New Zealand presence

October 14 2025

The acquisition adds clients and opens access to the central North Island market.

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