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Emerging risks | Growth Opportunities | APAC Insurance

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Tuesday, September 1, 2026

Regulatory

sompo-to-become-first-japanese-pampc-insurer-to-adopt-ifrs-accounting-standards
Sompo to become first Japanese P&C insurer to adopt IFRS accounting standards
April 1 2025
The group will adopt international standards from FYE 2026, with a transitional period of reporting under both IFRS and Japan GAAP.
irdai-moves-to-overhaul-fraud-oversight-following-insurer-data-breaches
IRDAI mandates 6-hour cyber incident reporting for insurers and intermediaries
April 1 2025
The directive reduces the previous 24-hour reporting window.
hong-kongs-insurance-complaints-stable-in-2024-but-claims-disputes-surge
Hong Kong's insurance complaints stable in 2024, but claims disputes surge
March 31 2025
Data from the IA shows a 51% rise in claims-related complaints, but grievances related to services dropped drastically.
committee-flags-shortcomings-in-australias-cyclone-reinsurance-pool-calls-for-structural-reforms
Joint Select Committee urges changes to Cyclone Reinsurance Pool
March 28 2025
Recommendations include extension of 48-hour rule, enhanced resilience measures, and potential inclusion of marine insurance.
hong-kongs-insurance-authority-launches-campaign-to-educate-students-on-risk-management
Hong Kong Insurance Authority launches youth campaign to promote risk management
March 28 2025
The campaign helped educate tertiary students on insurance fundamentals and potential career paths.
ifsca-establishes-standing-committee-to-bolster-gift-ifscs-insurance-ambitions
IFSCA forms standing committee to boost insurance presence in India's GIFT City
March 28 2025
Panel includes former heads of major Indian insurers and senior execs from global reinsurance and consulting firms.
south-koreas-proposed-capital-changes-could-spark-insurance-industry-consolidation
Mandatory core capital requirement could spark consolidation in South Korea's insurance industry
March 27 2025
Mid-sized and smaller insurers likely to face "significant challenges" meeting proposed capital change.
koreas-fsc-signals-intensive-review-of-woori-financials-insurance-acquisition-plans
Korea's FSC signals intensive review of Woori Financial's insurance acquisition plans: Report
March 27 2025
The review follows the Financial Supervisory Service’s downgrade of Woori’s management rating to Grade 3.
south-korea-regulator-weigh-options-as-mg-non-life-faces-liquidation-reports
South Korean regulator weighing options as MG Non-Life edges closer to liquidation: Report
March 26 2025
Insurer's capital adequacy continues to deteriorate and FSC says there are limited options remaining.
iag-overhauls-reinsurance-program-to-limit-nat-cat-volatility-over-next-five-years
IAG pushes to delay A$7bn Greensill trial: Report
March 26 2025
The insurer is facing 10 claims from creditors, including Credit Suisse and US investment firm White Oak.
japanese-insurers-reduce-capacity-withdraw-favourable-terms-to-focus-on-profitability-aon
Japan's FSA orders major insurers to improve practices following seconded employee data breaches: Report
March 25 2025
Order issued after two million customer records were inappropriately shared with primary employers.
ojk-aiming-to-shake-up-indonesias-insurance-industry-with-massive-capital-hikes
OJK looks to shake up Indonesia's insurance industry with massive capital hikes
March 25 2025
Regulator's shock and awe campaign is a "significant global MCR event," says Guy Carpenter's Justin Ward.
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