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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, September 25, 2026

Non-life

no-policies-written-under-us-hormuz-insurance-facility-since-march-launch-report
No policies written under US Hormuz insurance facility since March launch — report
May 18 2026
The absence of a US naval escort has rendered the DFC's US$40bn maritime reinsurance facility unworkable so far, brokers say.
australian-high-court-rejects-shipowner-bid-to-limit-liability-in-wreck-removal-claims
Standard Club faces higher exposure after Australia court rejects liability cap on wreck claims
May 18 2026
Australia's High Court ruled that wreck removal claims excluded under Australia's maritime reservations cannot be capped by reclassifying them as property damage.
thailand-oic-pushes-real-time-reporting-e-policies-for-compulsory-motor-cover
Thailand OIC pushes real-time reporting, e-policies for compulsory motor cover
May 18 2026
Draft registrar orders would tighten cancellation rules and align compulsory cover with annual vehicle tax renewals.
Swiss_Re_Asia_appoints_Daniel_Neo_to_its_Board_of_Directors
Daniel Neo joins Swiss Re Asia‘s Board of Directors
May 15 2026
He has over 20 years of C-suite level board and governance experience across multiple Asia markets.
marsh-announces-acquisition-of-eneos-insurance-to-expand-japan-commercial-lines-presence
Marsh to acquire ENEOS insurance units in Japan
May 15 2026
The broker will acquire ENEOS Insurance Service and ENEOS Material Trading from the Japanese energy group, with closing expected in Q3 2026.
santam-names-hemant-gulati-as-country-head-for-gift-city-india-branch
Santam names Hemant Gulati as country head for GIFT City India branch
May 15 2026
He moves to the South Africa-based (re)insurer after over 17 years at Unison Insurance Broking Services.
delta-insurance-hires-petr-dorofeev-as-technology-and-cyber-product-lead
Delta NZ hires Petr Dorofeev as technology and cyber product lead
May 15 2026
He moves from Suncorp New Zealand, where he most recently served as portfolio manager.
south-korea-tightens-aviation-insurance-protections-for-accident-victims
South Korea to ban seizure and transfer of aviation insurance payouts from June
May 15 2026
The amendments also bar insurers from refusing mandatory cover for light aircraft and drone operators without valid grounds.
jio-financial-targets-life-and-general-insurance-launch-in-2026
Jio Financial, Allianz incorporate India general insurance joint venture
May 14 2026
The Indian JV partner will invest ₹49.5m (US$517,060) for a 50% stake in its general insurance joint venture with Allianz.
samsung-fire-marines-net-income-grows-4-3-on-higher-sales-in-q1
Samsung Fire & Marine's net income grows 4.3% on higher sales in Q1
May 14 2026
Following weaker bottom-line results in FY2025, the South Korean insurer posted net income growth of KRW635.2bn (US$426.1m) in the first quarter, supported by higher sales.
us100000-drought-payout-in-nepal-signals-growing-insurance-role-in-climate-resilience-finance
Global Parametrics-developed insurance policy delivers US$100,000 payout to Nepal communities
May 14 2026
The payout marks Nepal’s first use of a parametric drought insurance policy, stakeholders said, with funds supporting food aid and farming tools in Bajura district.
gic-re-receives-us37-6m-income-tax-demand-for-fy2024-assessment-year
GIC Re commits US$43m in capacity to India’s maritime insurance pool
May 14 2026
State-owned reinsurer is contributing ₹4bn of the ₹9.27bn (approx. US$100m) total capacity, with the balance from other domestic insurers.
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25 September