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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, October 11, 2026

Legal

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.
australian-motor-specialist-eric-insurance-enters-into-voluntary-administration
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.
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.
rhb building
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-us60m-lawsuit-in-guam-fine-in-vietnam
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.
former-china-construction-bank-manager-charged-with-bribery-linked-to-vesttoo-related-fraud
Hong Kong authorities charge former CCB employee in Vesttoo case
June 9 2025
Charges relate to alleged acceptance of over US$470,000 in cryptocurrency to supply false letters of credit.
asic-targets-insurance-misconduct-as-complaints-soar-and-climate-risks-intensify
ASIC sues Choosi for allegedly misleading customers on insurance comparisons
June 3 2025
The regulator claims Choosi only compared policies from a single insurer despite advertising broader options.
asic-targets-insurance-misconduct-as-complaints-soar-and-climate-risks-intensify
ASIC takes Hollard Insurance to court over property-related claims handling
April 11 2025
The regulator alleges insurer failed to act in utmost good faith by repeatedly delaying assessment and settlement of a claim filed after storm damage in 2021.
iag-overhauls-reinsurance-program-to-limit-nat-cat-volatility-over-next-five-years
IAG pushes to delay A$7bn Greensill trial: Report
March 26 2025
The insurer is facing 10 claims from creditors, including Credit Suisse and US investment firm White Oak.
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