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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, September 25, 2026

Non-life

korean-regulator-issues-ifrs-17-guidance-after-q1-results-1
Korean regulator issues IFRS 17 guidance after Q1 results
June 26 2023
Non-life insurers’ sale of long-dated products distorted first set of results under the new standard.
sp-global-ratings-chinese-life-insurers-poised-for-growth-but-tough-road-ahead-for-pc
S&P: Chinese Life insurers poised for growth, but tough road ahead for P&C
June 26 2023
The life market is set to benefit from the country's low penetration, but P&C insurers face challenges such as competitive pricing and rising reinsurance costs.
report-bupa-in-talks-to-raise-stake-in-indias-niva-bupa-health
Report: Bupa in talks to raise stake in India's Niva Bupa Health
June 23 2023
Bupa is in talks with PE firm True North to raise its take from 44.42% to up to 65%.
chubb-appoints-michael-odonnell-chief-operating-officer-of-global-reinsurance
Global: Chubb Appoints Michael O'Donnell as Chief Operating Officer of Global Reinsurance
June 23 2023
O'Donnell will oversee the strategic and tactical operations of Chubb Tempest Re's global operations.
chinese-regulator-urges-swift-claims-processing-for-yinchuan-gas-explosion-with-claims-expected-to-exceed-14-million-yuan-us1-95m
Claims expected to exceed 14m yuan (US$1.95m) as Chinese regulator urges swift claims processing for Yinchuan gas explosion
June 23 2023
At least 13 insurers are working swiftly to settle claims for families and victims of the tragedy.
am-best-united-overseas-insurance-looking-to-expand-in-the-region
AM Best: United Overseas Insurance looking to expand in the region
June 23 2023
AM Best affirmed UOI's financial strength and credit ratings and believes the Singaporean insurer has a stable outlook.
korean-insurance-research-institute-shortage-of-skills-and-internal-expertise-is-biggest-obstacle-to-digital-transformation
Korean Insurance Research Institute: shortage of skills and internal expertise is biggest obstacle to digital transformation
June 23 2023
Korean insurers appear to be making progress on digital transformation in the post-Covid 19 era, but barriers remain.
fusion-specialty-promotes-katherine-simmonds-to-chief-executive-international
Fusion Specialty promotes Katherine Simmonds to Chief Executive, International
June 23 2023
In her new role, Simmonds will be responsible for developing Fusion's presence in APAC, UK, and EMEA.
asic-orders-pc-insurers-to-repay-au815m-to-5-6-million-consumers-due-to-systemic-pricing-failures
Australian P&C insurers to repay AU$815m (US$551m) due to systemic pricing failures
June 23 2023
ASIC says IAG is expected to pay AU$447.2m, RACQ AU$222m, and QBE AU$90.4m due to a failure to deliver on pricing promises.
picc-hk-maintains-excellent-ratings-with-am-best
AM Best: PICC HK maintains excellent financial strength and credit ratings
June 23 2023
The (re)insurer is developing its inward reinsurance portfolio and with its expansion to Macau can now provide motor policies which cover the greater bay area.
eight-chinese-insurers-receive-collective-fine-of-13m-yuan-us1-65m-for-price-fixing-student-insurance
Eight Chinese insurers receive collective fine of 11.8m yuan (US$1.65m) for price-fixing student insurance
June 22 2023
China’s State Administration for Market Regulation ruled the insurers created a monopoly to control the market and fix prices.
tokio-marine-newa-insurance-receives-fourth-capital-injection-to-meet-minimum-capital-requirements-after-surge-of-covid-19-payouts
Taiwan: Tokio Marine Newa receives fourth capital injection to help meet regulatory capital requirements in wake of Covid-19 claims
June 22 2023
TMNI needed to increase its risk-based capital ratio above 50% or risk being taken over by Taiwan's Financial Supervisory Commission.
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25 September