The Council proposes a 10-year A$30.15bn (US$21.50bn) Flood Defence Fund targeting 24 east-coast catchments covering 1.2 million at-risk properties, among other priorities.
The draft guidance proposes stress tests for asset-intensive reinsurance deals, including recapture events and multiple reinsurer failures, to assess impacts on solvency and reserves.
Underwriting results in Hong Kong’s general insurance sector were mixed in 2025, with property underwriting profit falling sharply due to claims from the Wang Fuk Court fire.
The inclusion of three new Russian protection and indemnity insurers, alongside approval extensions for four others, comes amid continued disruption across global shipping routes.
India's largest private sector bank has moved to bolster its life arm’s capital position after HDFC Life reported resilient premium growth and softer new business margins in FY2026.
The agency said the changes are unlikely to be meaningful enough in most cases to negatively affect insurers’ credit profiles, even if firms adjust investment, hedging and product design.
