Regulatory

Insurance Brokers Association of India press meet with panelists seated at a table.

IRDAI overhaul could cut broker revenues 60–70%, put 1m jobs at risk: IBAI

October 7 2026

The brokers' body has urged the regulator to retain the existing EoM framework and conduct an impact assessment of the proposed reforms.

Crowded medical waiting room with people seated in rows beneath digital screens.

South Korea detects US$15m in improper health claims in first nine months of 2026

October 6 2026

Traditional Korean medicine hospitals emerged as a key focus for regulators after the number of improper claims detected surpassed the full-year 2025 total within nine months.

Marina Bay Sands and the ArtScience Museum illuminated beside Singapore’s waterfront at dusk.

MAS considers adding insurance policies to investment list for single-family offices

October 6 2026

The move would expand the range of tax-efficient investment options available to family offices operating from Singapore.

Busy Indian street with auto-rickshaws, a cycle rickshaw, scooters, pedestrians and market signs.

India's GI Council weighs proposal for 10% mandatory co-payment on retail health policies — report

October 6 2026

The industry proposal aims to curb medical inflation and overbilling, while offering lower premiums.

Nighttime cityscape with high-rise buildings, illuminated highways and heavy traffic.

Survey finds 70% of insurance buyers support IRDAI’s proposed commission caps

October 5 2026

While brokers have warned of unintended consequences, most consumers favour commission disclosure and limits aimed at curbing mis-selling.

Busy Mumbai intersection with historic Gothic buildings, dense traffic, trees and high-rises in the background.

IRDAI's proposed commission caps draw sharp pushback from brokers

October 5 2026

“Judge us on outcomes, not margins,” one broker says, as intermediaries argue the regulator's draft rules could hurt policyholders and cost jobs.

Crowds carrying umbrellas gather at a busy Japanese city intersection lined with brightly lit shops and signs.

Japan regulator set to suspend new sales at Prudential Life — report

October 5 2026

The insurer has voluntarily stopped writing new business since February, but the FSA is planning a formal order after employees improperly obtained ¥3.1bn (US$19.7m) from about 500 customers.

China pushes wider domestic trade credit insurance coverage

China bats for wider domestic trade credit insurance coverage

October 5 2026

Insurers are encouraged to use co-insurance to meet large credit exposures in semiconductors, computing power and new-energy vehicles.

The #IA welcomes the appointment of Wynnie Yeung, Associate Director, Group-Wide Supervision, Long Term Business of the #IA, as the Vice Chair of Implementation Assessment Committee (#IAC) at the IAIS

Hong Kong IA’s Wynnie Yeung appointed vice chair of implementation assessment committee at IAIS

October 2 2026

She currently serves as associate director for group-wide supervision of long-term business.

South Korea FSS seeks tighter insurance ad controls as mis-selling rate triples other channels

South Korea FSS targets insurance broadcast ads over elevated mis-selling

October 2 2026

The regulator is seeking tougher advertising oversight after finding current sanction rules failed to curb problematic sales practices.

Hong Kong insurance complaints rise 10% in H1 over operational and claims issues

October 2 2026

The IA described the figure as modest relative to premium growth, which reached 32% in the first quarter.

Vietnam considers mandatory social insurance for 700,000+ ride-hailing drivers

Vietnam considers bringing 700,000-plus ride-hailing drivers into social insurance scheme

October 1 2026

Lawmakers propose a three-way model under which drivers, platform companies and the state would all pay into the fund.

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