Legal – (Re)in Asia

Legal

Law firm probes class action over alleged pricing misconduct claims against Suncorp

August 29 2025

Initial findings allege Suncorp created a "loyalty tax" that charged long-term customers more than new ones without their knowledge.

etiqa-cebuana-lhuillier-launch-philippines-first-takaful-insurance-product

Philippines' Empire Insurance officially closes after two-year liquidation process

August 25 2025

Insurance Commission has completed liquidation proceedings for the non-life insurer, with a contingency fund established to handle remaining claims.

Australian motor specialist Eric Insurance enters into voluntary administration

August 15 2025

APRA's Shaun Fraser and McGrathNicol's Kathy Sozou were appointed administrators of the insurer.

former-china-construction-bank-manager-charged-with-bribery-linked-to-vesttoo-related-fraud

Vesttoo creditors sue Aon, China Construction Bank

August 15 2025

The lawsuit claims Aon and CCB enabled the creation of fake LOCs that triggered Vesttoo’s bankruptcy and widespread insurance sector losses.

chinese-lessor-secures-us23m-insurance-payout-for-aircrafts-stranded-in-russia

Chinese lessor secures US$23m insurance payout for aircraft stranded in Russia

August 12 2025

The Liberty-led consortium agreed to a settlement after three aircraft were left stranded in Russia following the 2022 invasion of Ukraine.

Tokio Marine, RHB sign new 20-year bancassurance deal in Malaysia

August 4 2025

The RM1.6 billion (US$377.67 million) agreement settles a legal dispute between the two firms and includes a separate arrangement with Takaful Malaysia.

prudential-settles-us83m-in-dividend-dispute-with-malaysian-partner

Prudential settles dividend dispute with Detik Ria over Malaysian insurance unit

August 1 2025

Prudential will pay US$83m and waive US$33m in debt owed by Detik Ria to settle all legal claims between the businesses.

DB Insurance facing US$60m lawsuit in Guam, fine in Vietnam: Report

July 4 2025

Insurer is being sued over unpaid typhoon claims in Guam.

War risk insurers liable for jets seized in Russia UK High Court rules

War risk insurers liable for jets stranded in Russia, UK High Court rules

June 12 2025

Global (re)insurers are facing billions in payouts, with the judgment likely to have wide-ranging implications.

australian-federal-court-rules-in-favour-of-auto-general-in-asic-legal-battle-over-policy-terms

Australian court dismisses ASIC appeal against Auto & General’s ‘unfair’ insurance clause

June 9 2025

Decision follows regulator's claims that policy wording placed unclear obligations on customers across several major insurance brands.

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