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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, September 30, 2026

Industry associations

ica-releases-industry-action-plan-addressing-flood-inquiry-code-review
ICA releases insurance industry action plan addressing flood inquiry, code review
March 18 2025
Plan focuses on improving customer outcomes, supporting vulnerable policyholders, updating policies to prevent financial abuse, and enhancing claims handling.
ica-calls-for-a30bn-flood-defence-fund-to-curb-insurance-risks
ICA calls for A$30bn flood defence fund to curb insurance risks
February 26 2025
Council warns that escalating flood risks are driving up claims costs and making insurance increasingly unaffordable.
australias-niba-names-steadfasts-nick-cook-as-new-president
Australia's NIBA names Steadfast's Nick Cook as new President
February 25 2025
Cook succeeds Gary Okely as President of the National Insurance Brokers Association.
CycloneGabrielle_AucklandFloods
NZ insurers call for better data sharing after record North Island disasters
February 14 2025
ICNZ report highlights need for legislative changes to enhance information flow and access to disaster sites.
heavy-rainfall-floods-prompts-evacuations-in-north-queensland
Heavy rainfall, flooding prompts evacuations in North Queensland
February 3 2025
The Insurance Council of Australia on Sunday declared the North Queensland floods a ‘significant event’.
acil-calls-for-cyclone-resilience-plan-using-surplus-funds-from-cyclone-pool
ACIL calls for surplus funds from cyclone pool to be used for resilience programme
January 23 2025
Consumer lobby calls for Government to allocate AU$100m (US$62.8m) in cyclone resilience funding from upcoming budget.
thai-gi-industry-to-reach-gwp-of-approximately-us8-5bn-in-2025-gia
Thai GI industry to reach GWP of approximately US$8.5bn in 2025: GIA
January 2 2025
Thai General Insurance Association forecasts GWP growth of up to 2.5% in 2025 despite challenges from economic headwinds.
ica-backs-78-recommendations-from-australias-gi-code-review-and-flood-inquiry
ICA backs 78 recommendations from Australia's GI code review and flood inquiry
December 19 2024
Standardised policy clauses and a focus on vulnerable customers are key priorities for the industry, says the Insurance Council of Australia.
half-of-australian-insurers-have-now-set-2030-operational-net-zero-ica
Half of Australian insurers have now set 2030 operational net-zero targets: ICA
December 13 2024
Figure represents a 10% increase from 2023, however a significant number are yet to set targets for their claims supply chain, underwriting, and investments.
iccsc-unveils-new-action-plan-to-help-build-trust-in-singapores-insurance-sector
Singapore insurance conduct body unveils plan to help enhance trust in sector
November 14 2024
ICCSC plan includes initiatives to increase consumer awareness, improve policy literacy, and refine claims process.   
malaysia-takaful-association-unveils-new-strategic-framework
Malaysia Takaful Association unveils new strategic framework  
November 11 2024
Launch of Hijrah27 framework comes as Malaysia’s Takaful sector achieves a 20% penetration rate, driven by increased demand and digital adoption. 
new-sra-chair-outlines-vision-for-sustainable-reinsurance-industry
New SRA Chair outlines vision for sustainable reinsurance industry
November 7 2024
Kenrick Law says reinsurance must focus on collaboration and talent development to ensure resilience and adaptability in a rapidly changing market.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.