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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, October 24, 2026

Regulatory

china-establishes-board-for-shanghai-reinsurance-trading-hub-unveils-new-rules-and-says-new-digital-trading-system-is-on-the-way
China establishes board for Shanghai reinsurance trading hub, unveils new rules and says new trading system is on the way
June 9 2023
The newly established NFRA is working swiftly to transform Shanghai into a prominent international reinsurance center.
apra-publishes-minor-updates-to-aasb-17-which-will-take-effect-from-july-1st
APRA publishes minor updates to AASB 17 which will take effect from July 1st
June 7 2023
APRA had opened up a consultation on proposed changes in May. With no responses received, the regulator went ahead and finalised the amendments.
hong-kong-liquidated-target-insurance-claims-it-is-close-to-securing-funding-of-us680m-for-new-uae-venture
Hong Kong: Liquidated Target Insurance claims it's close to securing funding of US$680m for new UAE venture
June 6 2023
While liquidators are still working to recover money from its Hong Kong business, Target announced they'd received letters of intent to fund its UAE subsidiary, Himalayas Insurance.
lic-announces-expedited-claims-settlement-to-victims-of-tragic-balasore-train-accident
IRDAI asks insurers to carry out 'suo motu' claim settlement for policies related to the Odisha train collision
June 6 2023
The Indian regulator has asked insurers to minimise paperwork and use official lists of passengers to expedite claims payments.
asic-chair-esg-is-here-to-stay-and-regulatory-change-is-coming
ASIC Chair: ESG is here to stay and regulatory change is coming
June 5 2023
Joe Longo was speaking at the AFR ESG summit in Sydney and emphasised the importance of ESG for consumers, investors, companies and the planet.
irdai-orders-transfer-of-sahara-india-life-insurances-assets-and-liabilities-to-sbi-life
IRDAI orders transfer of Sahara India Life's 200,000 policies to SBI Life
June 3 2023
This is the second time the Indian regulator has issued a business transfer order for SILIC. The first in 2017 was set aside by the Securities Appellate Tribunal.
shanghai-taking-steps-to-position-itself-as-a-global-reinsurance-hub
China makes next move in goal to make Shanghai a go-to global reinsurance hub
June 2 2023
Deputy Director Zhang Zhongning revealed the NAFR are already finalising rules for a Shanghai reinsurance trading market.
A photo of three strong pillars. The Insurance Regulatory and Development Authority of India logo in top left corner.
IRDAI: Availability, Accessibility and Affordability key to Insurance for All 2047 strategy
May 27 2023
Chairman Debasish Panda outlined the Indian regulator's efforts to remove red tape and relax regulations in order to reach the 2047 objective.
A photo of someone calculating the value of something using a calculator.
Australia's Victorian Government to abolish business insurance duty
May 24 2023
Business insurance duty in VIC is currently 10% and will be lowered by 1 percentage point each year starting from July 1st 2024.
A photo of CBIRC building.
NFRA: China's insurance industry performed well in Q1, but tighter supervision required
May 23 2023
At its first conference, China's new insurance regulator reiterated the importance of solvency ratio to protect against systemic risk.
A photo of CBIRC building.
CBIRC bids farewell as National Financial Regulatory Administration inaugurated
May 18 2023
The newly established NFRA will oversee China's insurance and banking sectors, excluding securities.
A photo of Results on a computer screen. Zurich logo in top left corner.
Zurich Q1 results: APAC sees 18% Increase in GWP, 42% surge in PVNBP
May 18 2023
The group achieved strong performance in all regions, with APAC and LATAM the standout achievers.
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.