Regulatory

A crowded Indian market street with shoppers, clothing stalls, auto-rickshaws and a cycle rickshaw.

IRDAI chairman calls for rethink of insurance effectiveness metrics

October 29 2026

Seth urged insurers to expand coverage rather than deepen it among existing policyholders, while cautioning against dynamic pricing.

Open book titled “Insolvency Procedure” beside glasses, binder clips and a calculator on a desk.

South Korea proposes fast-track resolution framework for distressed insurers

October 29 2026

The proposed regime would give the FSC broad intervention powers, including contract transfers, third-party takeovers and capital reductions, while excluding reinsurers from its scope.

Kuala Lumpur's illuminated Petronas Twin Towers rise above the city skyline at night.

Emerge completes acquisition of Labuan-licensed Merlion Insurance Brokers

October 29 2026

The acquisition gives the company a direct route into international reinsurance markets for Malaysian and regional Southeast Asia risks.

A damaged black Hyundai with its front taped up sits beside a CCTV-marked pole on a South Korean street.

South Korea revokes, suspends 29 insurance practitioners over fraud involvement

October 29 2026

The enforcement action comes as regulators step up efforts to combat fraud-linked losses, particularly in motor and medical insurance.

A white autonomous-driving taxi marked with Chinese text travels along a city street.

Beijing court, regulator and insurers’ body map autonomous driving liability disputes

October 27 2026

New report models disputes over liability, accident data and subrogation, and calls for clearer policy terms and rules on data sharing

Cars and motorcycles line a street outside The Marketplace as people gather on the footpath.

NRMA hit with A$479,500 in penalties over CTP pricing, system control failures

October 27 2026

The insurer cooperated with SIRA throughout the investigation and can challenge the decision before the NSW Civil and Administrative Tribunal.

A large white rocket stands on display outdoors beside two smaller rockets under a clear blue sky.

South Korea sets US$18m liability insurance cap for Innospace’s Brazil rocket launch

October 27 2026

The Korea AeroSpace Administration's first insurance limit for a private overseas launch is well below the US$151m set for state-led rockets.

Floodwater surrounds riverside trees beneath a cloudy sky, with a bridge and dense city skyline behind.

South Korea moves to introduce state reinsurance scheme for natural catastrophes

October 25 2026

The proposed legislative amendment aims to ensure risks arising in the disaster insurance market are distributed more equitably between insurers and the state.

Close-up of a calendar page showing numbered dates including 7, 8, 9 and 13 to 16.

IRDAI extends distribution reform feedback deadline to 31 October

October 25 2026

More than 650 comments have reached the regulator so far, and it says the extra time will allow wider participation from stakeholders and the public

Steadfast shareholders to vote on A$7.7bn takeover in November

October 23 2026

An independent assessment has deemed the offer to be in shareholders’ best interests, valuing the broker’s shares at A$5.44–A$6.09.

Stack of documents secured with black binder clips on a wooden desk.

ICA submits revised general insurance code to ASIC for approval

October 23 2026

The revised code would write insurers’ obligations into consumer contracts for the first time, and insurers would have to accept any home or motor claim still undecided after 12 months because of their...

RHB Bank branch with a blue fountain outside at night and pedestrians passing by.

RHB Bank gets extension for Tokio Marine insurance talks

October 23 2026

The extension gives RHB Bank three more months, until 11 February 2027, to conclude talks with Tokio Marine Asia.

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