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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, September 26, 2026

Non-life

202406-SouthernChinaFloods
Insurance claims for June floods in southern China reach US$440m: NFRA
July 12 2024
Insurers have received 95,000 claims, with 1.1bn yuan (US$151m) in payments and pre-payments isssued so far, says regulator.
price-fixing-controversies-fail-to-hinder-profit-surge-for-japans-non-life-insurers
Japan's big 3 non-life insurers see FY23 profits surge despite year of probes and controversies
July 11 2024
Reduced cat losses, overseas performance contribute to profit results, but GIA Chairman says changes are needed on industry fundamentals.
australian-regulators-issue-final-rules-for-financial-accountability-regime
Australian regulators issue final rules for Financial Accountability Regime
July 11 2024
ASIC and APRA release final update for the FAR, which is will go live for insurers from 15 March 2025.
sbi-general-welcomes-udayan-joshi-as-chief-technical-and-claims-officer
SBI General welcomes Udayan Joshi as Chief Technical and Claims Officer
July 11 2024
Joshi joins after ten years with Liberty General Insurance.
sompo-taps-aigs-bill-zhang-as-president-consumer-lines-for-asia-pacific
Sompo taps AIG's Bill Zhang as President, Consumer Lines for APAC
July 11 2024
Zhang moves after 12 years with AIG and will relocate to Singapore for the new role.
nine-asia-pac-insurers-to-implement-ics-framework-by-end-of-2024
Nine Asia Pac insurers to implement ICS framework by end of 2024
July 11 2024
Insurers including QBE, Tokio Marine, and Prudential will be subject to the new IAIS standard which will be applied in a two stage process starting in 2026.  
cysurance-partners-with-sophos-and-howden-to-launch-cyber-insurance-down-under
Cysurance partners with Sophos and Howden to launch cyber product down under
July 11 2024
Backed by Lloyd's syndicate carriers, insurer launches its "inclusive and affordable" cyber products in Australia.
bank-negara-malaysia-launches-framework-for-digital-insurers-and-takaful-operators
Bank Negara Malaysia launches framework for digital insurers and takaful operators
July 10 2024
Central bank publishes DITO framework and will lift cap of five licenses to advance digitalisation within the insurance sector.
one-in-200-year-rainfall-hits-south-korea-causing-landslides-and-flash-floods
One in 200 year downpours hit South Korea, causing landslides and flash floods
July 10 2024
Torrential rains in South Korea's southern regions lead to the deaths of five people, thousands evacuated, and widespread disruption.
aon-promotes-marguerita-silitonga-to-president-director-of-reinsurance-solutions-for-indonesia
Aon promotes Marguerita Silitonga to President Director of Reinsurance Solutions for Indonesia
July 10 2024
Silitonga is elevated from her role as Senior Relationship Manager and Treaty Broker.
noel-maccarthy-hangs-up-boots-after-25-years-with-liberty
Noel MacCarthy retires after 25 years with Liberty Mutual
July 10 2024
McCarthy was one of Liberty's first employees in APAC and signficantly shaped the company's casualty insurance business in the region.
pricing-tech-and-consortiums-key-to-capacity-crunch-as-indonesias-mandatory-tpl-looms
Pricing, tech, and consortiums key to solving capacity crunch as Indonesia's mandatory TPL looms
July 10 2024
Motor insurers are anticipating opportunities that will arise from mandatory third-party liability, but changes have the potential to reshape the market.
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