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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, October 11, 2026

Legal

prudential-hong-kong-appoints-abhishek-kumar-as-cro-and-grace-lee-as-general-counsel
Prudential Hong Kong appoints Abhishek Kumar as CRO and Grace Lee as general counsel
March 14 2025
Both appointees will report to CEO Lawrence Lam and join the Hong Kong Executive Committee.
Suncorp
Suncorp to settle class action over add-on insurance sales
February 28 2025
In an exchange announcement, the insurer denied any wrongdoing but confirmed it has decided to settle case.
allianz-australia-awp-australia-fined-a16-8m-for-misleading-travel-insurance-advertising
Supreme Court of NSW fines Allianz, AWP A$16.8m for misleading travel insurance advertising
February 28 2025
The court found both companies misrepresented policy features and coverage levels online between 2016 and 2018.
IAG
IAG to release AU$200m from BI provision as class action ends
January 31 2025
Actuarial estimate comes after Federal Court rules that COVID-19 business interruption class action against subsidiary IAL will not proceed.
alllianz-set-to-pay-au170m-in-compensation-after-settling-car-add-on-insurance-class-action
Alllianz set to pay AU$170m in compensation after settling car add-on insurance class action
January 20 2025
ASIC has been criticising Australian insurer's car add-on insurance sales practices since 2016.
rhb-bank-appeals-high-court-ruling-in-bancassurance-dispute-with-tokio-marine-life-malaysia
RHB Bank appeals high court ruling in bancassurance dispute with Tokio Marine Life Malaysia
December 20 2024
The dispute centres on Tokio Marine Life’s right of first refusal under a bancassurance agreement, potentially influencing the bank's search for new partners.
iag-to-defend-class-action-over-nrma-insurance-loyalty-offers
IAG to defend class action over NRMA insurance loyalty offers
December 10 2024
The recent class action lawsuit is the newest in a series of legal challenges filed against IAG’s insurance units.
australian-federal-court-rules-in-favour-of-auto-general-in-asic-legal-battle-over-policy-terms
Australia's Federal court rules HCF Life's policy term could mislead consumers
October 28 2024
Justice Jackman says pre-existing condition clause is misleading, but not an unfair contract term under the ASIC Act of 2021.
australian-federal-court-rules-in-favour-of-auto-general-in-asic-legal-battle-over-policy-terms
ASIC starts legal action against QBE over misleading pricing
October 23 2024
Customers were promised discounts for their loyalty when renewing their policies, ‘which they didn't receive’ alleges the regulator.
aa-insurance-new-zealand-fined-nz6-175m-due-to-discount-failures
AA Insurance New Zealand fined NZ$6.175m due to discount failures
October 7 2024
New Zealand's High Court fines insurer NZ$6.175m (US$3.8m) for failing to apply discounts and bonuses, leading to overcharges.
indias-star-health-takes-legal-action-against-telegram-over-data-leak-report
India’s Star Health takes legal action against telegram over data leak - report
September 27 2024
The lawsuit also listed software firm Cloudfare as a defendant, as its services were used to host websites that spread stolen information. 
australian-federal-court-rules-in-favour-of-auto-general-in-asic-legal-battle-over-policy-terms
Australia’s federal court rules against class actions for COVID-19 business interruption claims 
September 24 2024
With the decision, affected policyholders will have to file individual claims instead.  
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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.