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Emerging risks | Growth Opportunities | APAC Insurance

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Tuesday, September 1, 2026

Regulatory

korea-limits-insurers-ability-to-restate-accounts-under-ifrs-17
Korea limits insurers’ ability to restate accounts under IFRS 17
August 1 2023
The FSS has restricted insurers' ability to restate profits and directed that restatements should only be used in exceptional circumstances.
australian-regulator-demands-financial-institutions-including-insurers-disclose-compensation-structures
Australian regulator demands financial institutions, including insurers, disclose compensation structures
August 1 2023
APRA made the rule change based on findings from Australia's Financial Services Royal Commission.
japanese-motor-insurers-in-the-spotlight-as-bigmotor-fraud-scandal-further-scrutinised
Major Japanese insurers in the spotlight as Bigmotor fraud scandal scruitinsed further
July 27 2023
Bigmotor submitted thousands of false insurance claims; enquiries are being made whether there’s more insurers should have done.
Going-digital-Singapore-regulator-empowers-policy-owners-with-online-beneficiary-nominations
Going digital: Singapore regulator empowers policy owners with online beneficiary nominations
July 27 2023
The Monetary Authority of Singapore (MAS) updated regulations to allow insurance policy owners to nominate beneficiaries from January 2nd 2024.
evan-greenberg-encourages-deeper-regulatory-cohesion-to-boost-growth-of-gba-insurance-sector-report
Evan Greenberg encourages deeper regulatory cohesion to boost growth of GBA insurance sector: report
July 24 2023
Chubb's CEO is optimistic about the potential of the Greater Bay Area, but revealed his take on what can be done to accelerate its development.
prudential-unveils-impact-of-ifrs-17-on-financial-performance
Prudential unveils impact of IFRS 17 on financial performance
July 20 2023
Group CFO Ben Bulmer summarised the impact has been in line with the group's preliminary guidance.
former-prudential-agent-sanctioned-by-singapore-regulator
Former Prudential agent banned by Singapore regulator
July 20 2023
The MAS banned Huang Mengting for five years after she was convicting in court for submitting 11 false invoices to assist her clients in accident injury claims.
australian-regulators-kick-off-discussions-on-new-financial-accountability-regime-far
Australian regulators kick off discussions on new Financial Accountability Regime (FAR)
July 20 2023
The new regime replaces the 2018 Banking Executive Accountability Regime (BEAR) and will expands its reach to include insurance companies and supers.
ping-an-release-2022-results-under-ifrs-17-confirm-new-accounting-standard-wont-impact-strategy
Ping An release 2022 results under IFRS 17, stating new accounting standard will not affect their strategy
July 19 2023
Revenue down, net profit up considerably, but effects on total assets and liabilities were estimated at 1%.
the-insurance-council-of-australia-backs-inquiry-into-2022-floods
The Insurance Council of Australia backs inquiry into 2022 floods
July 19 2023
The 2022 floods caused a record AU$7.17bn ($4.8bn) of insured losses and the enquiry aims to improve the industry's response to extreme NatCat events.
south-korean-insurers-to-benefit-from-regulatory-changes-on-foreign-investments-report
South Korean insurers to benefit from regulatory changes on foreign investments: Report
July 19 2023
The FSC plans to ease restrictions on overseas subsidiary investments and capital support, to stimulate global expansion from domestic financial companies.
asic-halts-sales-of-two-clearview-lifes-products-in-australia
ASIC halts sales of two Clearview Life's products in Australia
July 18 2023
ASIC made the stop order to protect consumers from acquiring life insurance that may not be suitable for their objectives, financial situation, or needs.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.