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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, November 6, 2026

Distribution

Chief Distribution Officer Digit Life Insurance
Digit Life taps Bajaj Capital Insurance Broking CEO Venkatesh Naidu as chief distribution officer 
October 12 2026
Before joining Digit Life, Naidu served as CEO of Bajaj Capital Insurance Broking.
Sign for Japan’s Financial Services Agency in Japanese and English.
Japan FSA suspends Prudential Life, Gibraltar Life sales over widespread misconduct
October 9 2026
The insurers have been ordered to overhaul compensation structures, strengthen sales oversight and submit externally reviewed remediation plans by November.
Prudential Financial office building exterior with the company logo in a paved plaza.
Prudential Japan to cut more than 60% of branches after independent probe links JPY6.17bn to staff misconduct
October 8 2026
External committee linked sums to 159 current and former staff and 794 customers, and said it found structural failings in sales management, culture, and governance.
Traveler with luggage watches an airplane from an airport terminal window.
Tune Protect expands embedded travel insurance into Indonesia, Thailand and Philippines
October 8 2026
The move follows a Malaysian rollout in 2025 as Tune Protect pursues broader regional expansion through embedded travel insurance partnerships.
Insurance Brokers Association of India press meet with panelists seated at a table.
IRDAI overhaul could cut broker revenues 60–70%, put 1m jobs at risk: IBAI
October 7 2026
The brokers' body has urged the regulator to retain the existing EoM framework and conduct an impact assessment of the proposed reforms.
Nighttime cityscape with high-rise buildings, illuminated highways and heavy traffic.
Survey finds 70% of insurance buyers support IRDAI’s proposed commission caps
October 5 2026
While brokers have warned of unintended consequences, most consumers favour commission disclosure and limits aimed at curbing mis-selling.
FWD Vietnam strikes bancassurance partnership with BVBank
FWD Vietnam strikes bancassurance partnership with BVBank
October 5 2026
The deal strengthens FWD's bancassurance footprint as the insurer continues to expand distribution partnerships across Asia.
Busy Mumbai intersection with historic Gothic buildings, dense traffic, trees and high-rises in the background.
IRDAI's proposed commission caps draw sharp pushback from brokers
October 5 2026
“Judge us on outcomes, not margins,” one broker says, as intermediaries argue the regulator's draft rules could hurt policyholders and cost jobs.
South Korea FSS seeks tighter insurance ad controls as mis-selling rate triples other channels
South Korea FSS targets insurance broadcast ads over elevated mis-selling
October 2 2026
The regulator is seeking tougher advertising oversight after finding current sanction rules failed to curb problematic sales practices.
AXA XL appoints Dr. Thomas Götting as Chief Client & Distribution Officer for APAC & Europe
AXA XL appoints Thomas Götting as client and distribution officer for APAC and Europe
October 1 2026
His mandate includes strengthening broker partnerships and supporting the insurer's targeted expansion in specialty and mid-market segments.
We are pleased to announce the appointment of Ethel Hay as Market Development Lead, effective 1 October 2026.
Singapore’s MS First Capital taps Ethel Hay for newly created market development lead role 
September 28 2026
Hay will report directly to the CEO and work with broker engagement teams across MSIG Asia from 1 October.
IRDAI proposes new commission caps, lower expense limits as distribution costs outpace premium growth
IRDAI proposes commission caps and lower expense limits, rattling insurance stocks
September 24 2026
IRDAI found commissions paid to sampled general insurance brokers rose 173% between FY2023 and FY2025, while premiums grew 37%.
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