Legal

korean-insurers-face-ifrs-17-pressure-from-interest-rate-cuts

Former Meritz Fire & Marine CEO, executives under investigation for alleged insider trading scheme: Reports

September 26 2025

The investigation focuses on alleged share purchases made just before major merger announcement in 2022.

asic-chair-joe-longo-confirms-departure-at-end-of-term

ASIC takes RACQ to court over 570,000 misleading insurance renewal notices

September 23 2025

Australia's corporate regulator alleges the Queensland insurer misled customers about premium increases for over five years.

IUMI urges marine insurers to tackle sexual misconduct against women seafarers

September 9 2025

While women account only 1% of the global seafaring workforce, one in four have reported experiencing sexual misconduct at sea.

indias-star-health-takes-legal-action-against-telegram-over-data-leak-report

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.

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