Regulatory

wtw-and-solomon-agency-partner-on-north-american-exposure-of-south-korean-and-vietnamese-firms

South Korea life insurance market to grow 4.5% annually through 2030 on reforms, ageing population

September 29 2025

GlobalData estimates direct written premiums will expand to KRW234.3 trillion (US$167bn) in 2030.

rising-demand-for-core-businesses-steers-premium-surge-in-vietnams-non-life-sector-despite-market-pressures-am-best

PVI boosts charter capital as regulatory rules drive sector-wide capital increases

September 29 2025

Hanoi-based non-life insurer said the capital injection will support its ability to underwrite larger and more complex projects and follows similar moves across Vietnam's insurance sector.

doha-insurance-group-opens-branch-in-india

New IRDAI chief warns high distributor commissions driving up policy costs, proposes mutual fund-style model: Report

September 29 2025

Chairman Ajay Seth has proposed insurers explore mutual fund-style distribution models as the regulator prepares to form a panel on reducing costs.

mas-releases-guidelines-for-financial-institutions-to-prevent-misleading-financial-information-online

MAS issues guidelines for financial institutions to prevent misleading online finance content

September 27 2025

The new framework, effective March 2026, outlines safeguards for banks, insurers and other firms, and follows MAS’ warnings to influencers over unlicensed financial advice.

korean-insurers-face-ifrs-17-pressure-from-interest-rate-cuts

Former Meritz Fire & Marine CEO, executives under investigation for alleged insider trading scheme: Reports

September 26 2025

The investigation focuses on alleged share purchases made just before major merger announcement in 2022.

Hong Kong insurance regulator launches TV drama series to spotlight industry misconduct

September 24 2025

The four-part series draws from real enforcement cases to educate intermediaries and the public on regulatory standards.

asic-chair-joe-longo-confirms-departure-at-end-of-term

ASIC takes RACQ to court over 570,000 misleading insurance renewal notices

September 23 2025

Australia's corporate regulator alleges the Queensland insurer misled customers about premium increases for over five years.

GIAJ Chairman puts forward measures to improve sales standards in Japan's insurance sector

September 23 2025

The chairman also highlighted the rising natural catastrophe risks in Japan.

mas-fines-singlife-financial-advisers-sg93750-over-improper-recruitment-practices

MAS fines Singlife Financial Advisers S$93,750 over improper recruitment practices

September 22 2025

The breaches occurred prior to the merger of Aviva Ltd and Singapore Life in 2022.

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South Korean insurers' capital adequacy ratio rises to 206.8% at end-June

September 22 2025

FSS data shows life insurers posted a solvency ratio of 200.9%, compared to 214.7% for non-life firms.

ASIC Chair Joe Longo confirms departure at end of term

September 19 2025

He will be stepping down on May 2026, having overseen the regulator’s biggest restructure in 15 years, a doubling of investigations, and a 20% rise in civil proceedings.

India takes next step toward Bima Sugam marketplace as website goes live

September 19 2025

The platform, launched in Hyderabad with IRDAI Chairman Ajay Seth officiating, marks the first step in India’s “Insurance for All by 2047” strategy and is expected to enable transactions by December 2...

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25 September