Regulatory

ICA activates senior committee to manage Middle East conflict impacts on Australia's insurers

April 1 2026

Committee will lead industry-wide coordination, support hardship assistance, and advise small businesses on policy coverage.

APRA grants general insurance licence to Europ Assistance Australia

April 1 2026

The licence shifts Generali‑owned travel insurer from a distribution‑only model to a full‑fledged insurer in the Australian market.

Singapore’s new IP rider rules may lower premiums but are no ‘silver bullet’ for medical inflation

April 1 2026

The new rules will trim IP rider prices by about 30% on average, but insurers still face mounting pressure to manage claims and risk‑pool shifts in a high‑inflation environment.

apra-finalises-capital-reforms-introduces-illiquidity-option-to-boost-retirement-outcomes

APRA sets 1 July start for AILP in longevity product capital rules

April 1 2026

The regulator is maintaining the 45% floor for the advanced illiquidity premium risk allowance to ensure that settings remain aligned with risk levels.

singapores-central-bank-to-label-investment-linked-policies-complex-as-it-sharpens-fair-dealing-push

MAS to classify investment-linked policies as complex products

March 31 2026

New requirements for ILP disclosures and enhanced oversight of claims handling are part of MAS’s broader review of life insurance conduct.

irdai-mandates-ind-as-reporting-for-insurers-from-1-april-2026

IRDAI confirms 1 April Ind AS rollout for insurers

March 31 2026

All (re)insurers must conduct parallel reporting for two years, with one-year transition forbearance, according to the amended framework.

irdai-cancels-volante-india-reinsurance-licence-after-non-launch-decision

Volante U-turns on India operations launch

March 31 2026

Following a strategic review of its global footprint, Volante has opted not to start operations in India.

hong-kong-ia-spotlights-intermediary-conduct-as-2025-complaints-climb-19-9

Hong Kong's Insurance Authority spotlights intermediary conduct as 2025 complaints climb 19.9%

March 31 2026

The regulator received 1,173 complaints in 2025, up from 978 in 2024.

south-african-sanlam-completes-acquisition-of-14-7-stake-in-shriram-life

Sanlam completes 14.72% stake acquisition in India's Shriram Life

March 30 2026

The deal marks the South African group’s latest step to expand its footprint in India’s fast-growing insurance market.

bombay-high-court-stays-us6-5m-gst-demand-against-icici-lombard

Bombay High Court grants stay on US$6.5m GST demand against ICICI Lombard

March 30 2026

The interim relief for ICICI Lombard halting a 623.6m rupees GST demand comes just as sector-wide tax disputes continue to mount.

jio-financial-targets-life-and-general-insurance-launch-in-2026

Allianz Jio targets 2026 launch for primary life and general insurance operations — report

March 30 2026

With reinsurance operations already approved, Allianz Jio is setting its sights on direct insurance underwriting.

lic-faces-us1-1bn-tax-demand-for-fy2023-24

LIC faces US$1.1bn tax demand for FY2024 as industry-wide disputes widen

March 30 2026

LIC has received its second major tax demand in days, as tax disputes against Indian insurers continue to mount.

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