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Regulatory
13% premium growth fuels uptick in insurance penetration in the Philippines in Q2
August 20 2025
Total premium growth for the industry stood at 12.98% in Q2, with non-life leading the charge.
China Re maintains top-five spot in global list of reinsurers, but FX swings weigh on some in APAC: AM Best
August 20 2025
Swiss Re’s adoption of IFRS 17 saw it top AM Best's global IFRS 17 reinsurer rankings, as rate softening in Japan marked a year of change for Asia’s largest reinsurers.
ASIC presses life insurers to lift standards in direct sales practices
August 19 2025
The regulator has highlighted ongoing concerns around cancellations, sales incentives, and complaint handling in the sector.
Mizuho Bank plans to cease hiring seconded insurance staff after data breaches
August 19 2025
The move follows regulatory scrutiny after millions of customer records were leaked from major Japanese insurers.
Hong Kong Insurance Authority, seven insurers launch AI cohort programme
August 18 2025
The AI Cohort Programme aims to build an AI Centre of Excellence in Hong Kong and promote industry-wide knowledge sharing.
Fitch flags capital risks in planned merger of Indonesia Re, Nasional Re, and Tugure
August 18 2025
In June 2025, Indonesia's sovereign wealth agency Danantara announced a plan to merge Indonesia Re, Nasional Re, and Tugure.
Australian motor specialist Eric Insurance enters into voluntary administration
August 15 2025
APRA's Shaun Fraser and McGrathNicol's Kathy Sozou were appointed administrators of the insurer.
Hong Kong Insurance Authority's draft rules on RBC gain broad support from insurers, professional bodies
August 11 2025
The final version of the draft rules will be submitted to the Hong Kong Legislative Council and is expected to take effect in 2026.
Hong Kong continues captive insurer momentum with approval of SAIC Motor Insurance
August 11 2025
SAIC Motor Insurance is the second captive insurer approved in 2025 and the sixth overall for Hong Kong.
Taiwanese insurers report US$650m losses in H1 2025
August 11 2025
Life insurers saw a near 100% decline in pre-tax profits, while non-life insurers moderately increased by 4.6%.
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