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Aerial view of Sydney Harbour showing the Opera House and the Harbour Bridge with surrounding city and water traffic. The Opera House is on the left, the Bridge spans the harbor.

APRA consults on updated governance rules to strengthen board oversight

June 16 2026

Chair John Lonsdale said the regulator has sought to lift standards without adding to the burden on insurers, super funds, and banks.

Man in a navy suit and pink tie giving a speech at a blue podium labeled Insurance Authority.

Hong Kong insurers deepen AI push as regulator adds three to cohort programme

June 16 2026

The AI Cohort Symposium 2026 saw first-batch participants report gains across underwriting, claims and customer service, while newcomers Manulife, BOC Life and China Life unveiled new plans.

Tongyang Life to address investor concerns over Woori share swap

June 16 2026

Minority shareholders argue the exchange ratio undervalues Tongyang Life and are considering legal action.

australia-to-invest-a350m-on-96-projects-in-third-disaster-ready-fund-round

IAG backs Sonder to extend disaster support beyond claims response

June 16 2026

The investment, made through corporate venture arm Firemark Ventures, will give customers 24/7 mental health and safety support during natural disasters and major incidents.

City skyline with transparent pink, teal, and blue area charts overlaid to illustrate data trends across the cityscape.

Taishan P&C returns to profit on sharper underwriting in 2025 as Fitch affirms rating

June 15 2026

The Shandong government-backed insurer expects its operating results to improve further over the next two years on disciplined underwriting and a conservative investment strategy.

Storm-damaged pine forest with numerous fallen trunks and splintered branches scattered on the ground, gray sky overhead.

New Zealand Natural Hazards Commission expands catastrophe reinsurance cover by 20%

June 15 2026

The commission said it secured the NZ$12.3bn (US$7.1bn) programme on a more cost-effective basis than last year's placement.

VIG Re taps Swiss Re's Wilfrid Goh to build Asia presence

June 15 2026

The Prague-based reinsurer brings on a 20-year industry veteran to lead its representative office in Singapore.

Swiss Re appoints Torben Swart to newly created technical and operational role

June 15 2026

From August, he will assume the role of head of technical & operational excellence, APAC ex-China, as well as head of the reinsurer's HK branch.

hsbc-exploring-sale-of-singapore-insurance-arm-reports

Allianz leads bid for HSBC’s Singapore life insurance unit - Report

June 15 2026

Details of the transaction are expected to be announced soon, though other bidders remain interested in HSBC's Singaporean assets.

Aerial view of a sunlit suburban neighborhood with tree-lined streets and houses throughout the area.

ICA home insurance standardisation plan faces pushback from industry and consumer groups

June 15 2026

Industry bodies have criticised the ICA’s proposal, warning the "flawed" changes will strip away legal protections and fuel consumer confusion.

High-tech manufacturing cell with multiple robotic arms assembling a large component inside an industrial facility.

SAIC captive projects underwriting losses in start-up phase, targets profit within five years — AM Best

June 15 2026

AM Best assigned the single-parent captive an A- Financial Strength Rating and "a-" Long-Term Issuer Credit Rating, citing a balance sheet strength assessed as "very strong".

MetLife eyes stronger India presence via majority stake in PNB MetLife

June 12 2026

The insurer currently holds a 49.73% stake in PNB MetLife India and is actively eyeing a controlling stake in the JV.

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