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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Friday, September 25, 2026

Financial lines

A photo of someone calculating the value of something using a calculator.
Australia's Victorian Government to abolish business insurance duty
May 24 2023
Business insurance duty in VIC is currently 10% and will be lowered by 1 percentage point each year starting from July 1st 2024.
A photo of hackers in a basement.
Report: Russian hackers infiltrate Insurance Information Bureau of India and demand US$250,000 ransom
May 24 2023
The ransom has not been paid, however the full extent of the attack - which took place in early April - is still not known.
axa-xl-continue-to-strengthen-apac-cyber-offering-with-3-new-australian-hires
AXA XL continue to strengthen APAC cyber offering with 3 Australian hires
May 16 2023
The (re)insurer added a total of ten underwriters, three in Australia and seven in Europe, demonstrating their conviction for further opportunities within cyber.
A photo of a small paint bucket being poured into a larger paint bucket. Gallgher logo in top left corner.
Gallagher adds Western Australian broker Mavco to their mix
May 16 2023
The Oz broker has expertise in construction, health, engineering, mining, and financial services.
A coloured sketch of a group of business people speaking in a formal setting. Medibank logo in top left corner.
Medibank faces third class action lawsuit over October 2022 cyber breach
May 8 2023
The class-action from Slater & Gordon follows Baker & McKenzie's in February and Quinn Emanuel Urquhart & Sullivan's in March.
A black and white photo of a church steeple.
Report: Australia's Catholic Church Insurance on the brink amid surge in abuse cases
May 8 2023
The bailout of AU$170 million two years ago has proven to be insufficient for The Catholic Church's insurer.
A photo of Korea at night time. Korean Re logo in top left corner.
Double-digit GWP growth for Korean Re thanks to new financial solutions product
May 3 2023
Despite large commercial and natural disaster losses, strong results achieved thanks to new coinsurance product along with global market hardening.
A photo of A cybersecruity war room. MAS logo in top left corner.
MAS and US Treasury conduct cybersecurity exercises
May 2 2023
The latest cyber collaboration between the two countries is likely to influence future policy.
Photo of toy figure in suits inspecting computer board.
Medibank coy on findings of cyber attack
April 28 2023
Deloitte has been conducting a review of Medibank's systems - the findings are understandably opaque
axa-xl-promotes-from-within-to-fill-position-of-cyber-apac-europe-leader
AXA XL promotes from within to fill position of Cyber APAC & Europe Leader
April 27 2023
Carlos Rodriguez Sanz has worked at AXA XL for nearly 3 years and was previously the Cyber Product Manager for APAC & Europe
Photo of helicotper in the sky.
PVI to pay US$1.57m for hull insurance coverage related to fatal North Vietnamese Helicopter crash
April 26 2023
The Vietnamese insurer also confirmed they remain in discussions with families' of the pilot and four passengers
Photo of Indian man using multiple computer screens.
IRDAI issues revised Information and Cyber Security Guidelines
April 26 2023
The guidelines have been issued in response to the adoption of new technologies and rise of cybersecurity incidents
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25 September