Regulatory

IRDAI weighs cap on health insurance premium hikes, consultation paper expected soon: Reports

August 22 2025

IRDAI is considering caps on annual health insurance premium hikes amid concerns over steep price increases for policyholders.

apra-targets-reinsurance-costs-and-regulatory-burden-in-2025-26-plan

APRA targets easing reinsurance costs, easing of regulatory burden in 2025-26 plan

August 22 2025

Australia's prudential regulator has outlined measures to address rising reinsurance costs and reduce regulatory compliance burdens for insurers as part of its latest corporate strategy.

indian-panel-of-ministers-proposes-to-exempt-health-life-insurance-from-gst

India panel of ministers pushes GST relief on life and health insurance to council stage

August 21 2025

The final decision is expected to be made at an upcoming council meeting in September or October.

australian-consumer-group-urges-govt-to-add-flood-risk-in-cyclone-reinsurance-pool-review

Australian consumer lobby urges government to add flood cover to Cyclone Reinsurance Pool

August 21 2025

ACIL’s call follows Brisbane City Council’s update to its flood map, which has seen thousands of properties reclassified as higher risk.

taiwans-mercuries-life-mulls-over-sale-overseas-partnerships-to-improve-capital-report

Taiwan's Mercuries Life mulls sale, overseas partnerships to improve capital: Report

August 20 2025

Under regulatory pressure to improve its capital adequacy, Taiwan's Mercuries Life is exploring a potential sale of the business along with other options.

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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-kongs-insurance-sector-to-see-lowest-growth-rate-in-2025-projected-to-reach-us10-9b-by-2029

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.

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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.

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