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Sunday, July 26, 2026

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nine-asia-pac-insurers-to-implement-ics-framework-by-end-of-2024
Nine Asia Pac insurers to implement ICS framework by end of 2024
July 11 2024
Insurers including QBE, Tokio Marine, and Prudential will be subject to the new IAIS standard which will be applied in a two stage process starting in 2026.  
bank-negara-malaysia-launches-framework-for-digital-insurers-and-takaful-operators
Bank Negara Malaysia launches framework for digital insurers and takaful operators
July 10 2024
Central bank publishes DITO framework and will lift cap of five licenses to advance digitalisation within the insurance sector.
pricing-tech-and-consortiums-key-to-capacity-crunch-as-indonesias-mandatory-tpl-looms
Pricing, tech, and consortiums key to solving capacity crunch as Indonesia's mandatory TPL looms
July 10 2024
Motor insurers are anticipating opportunities that will arise from mandatory third-party liability, but changes have the potential to reshape the market.
lic-increases-stake-in-lic-lanka-to-93-75
LIC increases stake in LIC Lanka to 93.75%
July 9 2024
Life Insurance Corporation (LIC) infuses LKR 500m (US$1.65m) into Sri Lankan subsidiary to meet statutory requirements.
india-may-raise-foreign-direct-investment-cap-further-report
India may raise foreign direct investment cap further - report
July 9 2024
Authorities reportedly considering increasing FDI cap for insurers beyond the 74% set in 2021.
risk-based-capital-regime-commences-in-hong-kong
Risk-based Capital regime commences in Hong Kong
July 1 2024
HK's RBC regime begins after nearly a decade of extensive consultations and development.
nz-updates-legislation-renames-eqc-to-natural-hazards-commission
NZ updates legislation, renames EQC to Natural Hazards Commission
July 1 2024
New Natural Hazards Insurance Act aims to modernise legislation, clarify cover entitlements, and improve claims experience.
hk-regulators-say-insurance-industry-generally-compliant-with-premium-financing-but-some-gaps-remain
IA, HKMA says insurance industry generally compliant with premium financing, but gaps remain
June 27 2024
Joint inspections by regulators show overall adherence, but improvements urged amid higher interest rates.
korean-insurers-to-prioritise-csm-friendly-products-to-help-drive-profitability-fitch
Korean insurers to prioritise CSM-friendly products to help drive profitability: Fitch
June 26 2024
Profits to stabilise following full implementation of IFRS 17, so insurers likely to prioritise protection-type and long-term products.
nsw-announces-strata-reforms-including-tightening-of-commission-for-insurance-agents
NSW announces strata reforms, including tightening of commission rules for insurance agents
June 26 2024
Reforms follow investigation into excessive brokerage fees charged by Nestrata.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August