Topics

Judicial gavel resting on a stylized map of India highlighted in saffron, white, and green with the blue wheel visible in the center.

IRDAI proposes first rules for insurer mergers with non-insurance companies

June 17 2026

The draft amendments also propose lower deal fees, tighter foreign ownership rules, and new naming standards.

Canberra's Parliament House seen from a tree-lined avenue toward the building with a flag on top.

Australian government appoints Robert McLean to ARPC board, reappoints chair and directors

June 17 2026

The reshuffle covers the board that oversees Australia's terrorism and cyclone reinsurance pools, with new and reappointed members holding terms through 2028 and 2030.

tokio-marine-life-thailand-injects-thb3-3bn-capital-rebalances-assets-under-ifrs-17

Tokio Marine targets M&A in Australia, Canada with Berkshire backing

June 17 2026

The Japanese insurer is targeting Australia and Southeast Asia for potential acquisitions as it seeks to diversify geographically.

Map of Mindanao, Philippines, labeling major cities such as Davao, General Santos, Cotabato, Zamboanga, Butuan and Surigao.

Philippine regulator orders faster claims processing after Mindanao earthquake

June 17 2026

The directive applies to regulated entities operating in areas declared under a state of calamity following the event.

Government-style building with a turquoise dome and tall columns, autumn trees in the foreground.

Korea adds cyber cover to co-insurance for national security facilities — Report

June 17 2026

The move brings previously uninsured cyber risks within scope for national security institutions under an expanded co-insurance framework.

Firefighter in full turnout gear and helmet standing beside a red fire truck with a hose connected to the pump.

New Zealand to review Fire and Emergency insurance levy funding model

June 17 2026

ICNZ welcomed the move, saying it was a chance to reassess whether insurance levies remain the right way to fund the emergency services.

GIC Re announces Hitesh Joshi as Chairman and Managing Director

June 17 2026

Joshi will lead GIC Re as Chairman and Managing Director until his superannuation in September 2028.

Sydney Opera House by Circular Quay with a city skyline behind on a sunny day.

ACCC clears Zurich’s acquisition of Beazley in Phase I review

June 17 2026

The authority found limited local market overlap between the merging parties and sufficient competition from multiple specialty insurers.

thailands-oic-sets-risk-buffer-ambition-in-5th-insurance-development-plan

Thai Life Insurance premiums rise 3.45% in 2025 on health and savings demand

June 17 2026

Sector posted moderate growth in 2025 across protection, savings and investment-linked products on the back of rising healthcare costs.

Large cargo ship with blue upper hull and red bottom balanced on a thick rope, flags of Iran and the United States at each end, conveying geopolitical tension.

Some insurers ease Hormuz rates on US-Iran deal hopes, but pre-war pricing hinges on stability

June 17 2026

Early cuts of up to 40% have surfaced, though pricing stays patchy and a history of broken ceasefires leaves many insurers reluctant to move fast.

australia-disaster-ready-fund-application-deadline-extended-following-severe-weather-events

Allianz Australia launches Event Response Centre to coordinate severe weather recovery

June 17 2026

The centre is designed to fast-track severe weather claims using real-time data and coordinated team responses.

steadfast-to-buy-envests-resilium-psc-connect-ar-networks-for-ausure

Analysts back A$7.7bn Steadfast takeover on valuation and structural rationale

June 17 2026

Strong strategic backing and softer sector valuations are supporting analyst confidence in the Steadfast takeover bid.

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