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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Saturday, October 31, 2026

Regulatory

Motor vehicle insurance was again the most complained about general insurance product
Eric Insurance creditors to vote on restructuring plan as APRA oversight continues
September 5 2025
The general insurer has ceased writing new business since June 2024.
south-koreas-fsc-suspends-mg-non-life-ops-transfers-contracts-to-bridge-insurer
MG Non-Life contracts transferred to bridge insurer
September 5 2025
Around 1.22m policyholders will retain coverage as contracts move from MG Non-Life to Yebyeol Insurance, pending transfer to other major insurers.
india-abolishes-gst-for-life-health-insurance-policies
India abolishes GST for life, health insurance policies
September 5 2025
The GST relief is set to take place as of 22 September.
OIC tells KWI Life to submit special audit financial statements by end-October
OIC tells KWI Life to submit special audit, financial statements by end-October
September 4 2025
Regulator has kept KWI Life under close watch due to concerns about its financial stability, but notes the insurer has made progress by raising its capital.
accc-delays-decision-on-iags-proposed-rac-underwriting-takeover
ACCC raises competition concerns over IAG's proposed A$1.35bn acquisition of RAC Insurance
September 4 2025
The consumer watchdog is inviting industry feedback ahead of a final decision, which is planned for November.
global-reinsurance-capital-hits-record-us715bn-in-first-nine-months-of-2024
Fitch revises global reinsurance sector outlook to 'deteriorating' on pricing pressure, rising catastrophe losses
September 4 2025
The rating agency expects margins to weaken in 2026 as abundant capacity and softer rates erode underwriting profitability, though capitalisation will remain strong.
ica-calls-for-expanded-cyber-obligations-as-ai-attacks-threaten-small-business-resilience
ICA calls for expanded cyber obligations as AI attacks threaten small business resilience
September 3 2025
The ICA has urged greater tech provider obligations, workforce exchanges, and expanded ransomware reporting to strengthen cyber resilience.
hk-regulators-say-insurance-industry-generally-compliant-with-premium-financing-but-some-gaps-remain
Hong Kong Insurance Authority fines Tahoe Life HK$10m
September 3 2025
The fine follows earlier regulatory moves to protect 90,000 life policies amid governance and reporting concerns at the insurer.
ajay-seth-officially-takes-the-helm-as-irdai-chief
Ajay Seth officially takes the helm as IRDAI chief
September 1 2025
The former secretary of the Department of Economic Affairs, who succeeded Debasish Panda, officially began his tenure on September 1.
taiwans-fsc-begins-accepting-applications-to-set-up-digital-insurers
Taiwan’s FSC begins accepting applications for new digital insurers
September 1 2025
Taiwan’s regulator said the initiative is part of wider efforts to encourage Insurtech adoption and diversify the country’s insurance market.
etiqa-cebuana-lhuillier-launch-philippines-first-takaful-insurance-product
Philippines' Empire Insurance officially closes after two-year liquidation process
August 25 2025
Insurance Commission has completed liquidation proceedings for the non-life insurer, with a contingency fund established to handle remaining claims.
japan-fsa-plans-new-bureau-for-insurance-asset-management-oversight-reports
Japan FSA plans new bureau for insurance, asset management oversight: Reports
August 25 2025
The overhaul would be the agency’s first major restructuring since the abolition of its Inspection Bureau in 2018.
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