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Korea adds cyber cover to co-insurance for national security facilities — Report

June 17 2026

The move brings previously uninsured cyber risks within scope for national security institutions under an expanded co-insurance framework.

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New Zealand to review Fire and Emergency insurance levy funding model

June 17 2026

ICNZ welcomed the move, saying it was a chance to reassess whether insurance levies remain the right way to fund the emergency services.

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Thai Life Insurance premiums rise 3.45% in 2025 on health and savings demand

June 17 2026

Sector posted moderate growth in 2025 across protection, savings and investment-linked products on the back of rising healthcare costs.

Large cargo ship with blue upper hull and red bottom balanced on a thick rope, flags of Iran and the United States at each end, conveying geopolitical tension.

Some insurers ease Hormuz rates on US-Iran deal hopes, but pre-war pricing hinges on stability

June 17 2026

Early cuts of up to 40% have surfaced, though pricing stays patchy and a history of broken ceasefires leaves many insurers reluctant to move fast.

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Defne Turkes to step up as President of Liberty International Insurance from July

June 16 2026

She will lead strategic growth across commercial insurance internationally as well as retail markets in Asia.

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ICICI Lombard clarifies E20 fuel use not grounds for claim rejection

June 16 2026

India is increasing the use of ethanol-blended petrol as part of efforts to lower crude oil dependence and promote clean energy.

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India’s central bank eases non-banking financial companies insurance distribution rules

June 16 2026

RBI’s revised framework simplifies entry for NBFCs in insurance distribution while maintaining IRDAI-led approvals and customer protection requirements.

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Asian firms scrutinise cyber limits as ransomware losses climb – Willis

June 16 2026

The broker's global study of around US$1bn in insurer payments shows ransomware attacks last 25 days on average and cost US$5.3m.

UIB Asia appoints Nguyen Huy Trung, Penghua Lim to senior roles

June 16 2026

Trung joins from Cambodia-Vietnam Insurance PLC; Lim moves from J B Boda & Co.

Aerial view of Sydney Harbour showing the Opera House and the Harbour Bridge with surrounding city and water traffic. The Opera House is on the left, the Bridge spans the harbor.

APRA consults on updated governance rules to strengthen board oversight

June 16 2026

Chair John Lonsdale said the regulator has sought to lift standards without adding to the burden on insurers, super funds, and banks.

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