Regulatory

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APRA tells insurers to strengthen readiness for geopolitical shocks

June 18 2026

Larger exposed entities will be asked to assess gaps in crisis preparedness, personnel risk and political risk.

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.

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.

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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.

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.

indian-insurers-hedging-options-increase-as-rbi-allows-bond-forward-trading

India’s central bank eases non-banking financial companies insurance distribution rules

June 16 2026

RBI’s revised framework simplifies entry for NBFCs in insurance distribution while maintaining IRDAI-led approvals and customer protection requirements.

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.

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.

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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