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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, August 24, 2026

Op Risk

over-2-million-customer-records-leaked-in-seconded-employee-data-breach-cases-report
Over 2 million customer records leaked in Japan seconded employee data breaches: Report
August 28 2024
Japan's non-life insurers set to report to Financial Services Agency within the week over significant unauthorised sharing of rival data.
asic-targets-insurance-misconduct-as-complaints-soar-and-climate-risks-intensify
ASIC targets insurance misconduct as complaints soar and climate risks intensify
August 23 2024
The watchdog names insurance misconduct as a priority for the year ahead.
fsa-directs-major-japanese-insurers-to-report-on-data-breaches-by-on-loan-employees
FSA orders major Japanese insurers to report on data breaches involving seconded employees
July 24 2024
Japan's non-life insurers again facing scrutiny after employees on loan to agencies share policyholder information with their primary employers.
japans-major-non-life-insurers-identify-65000-fraudulent-claims-made-by-bigmotor-report
Japan's major non-life insurers identify 65,000 fraudulent Bigmotor claims - report
July 23 2024
Four major non-life insurers review claims spanning eight years, reportedly finding 30% of 236,000 claims to be fraudulent.
irdai-may-adopt-risk-based-supervision-model-for-insurance-sector-report
IRDAI may adopt risk-based supervision model for insurance sector - report
July 16 2024
At HDFC Life's AGM, Chairman Keki Mistry suggested the regulator might consider adopting the model.
thailands-syn-mun-kong-insurance-loses-non-life-license
Thailand's Syn Mun Kong Insurance loses non-life license
July 15 2024
SMK had become insolvent following substantial losses due to COVID-19 policies.
tokio-marine-reportedly-suffers-data-breach
Tokio Marine reportedly suffers data breach
July 12 2024
Attack on an outsourced firm's server may have compromised the personal data of 63,200 policyholders.
price-fixing-controversies-fail-to-hinder-profit-surge-for-japans-non-life-insurers
Japan's big 3 non-life insurers see FY23 profits surge despite year of probes and controversies
July 11 2024
Reduced cat losses, overseas performance contribute to profit results, but GIA Chairman says changes are needed on industry fundamentals.
japan-ftc-to-issue-cease-and-desists-to-non-life-insurers-for-premium-collusion
Japan FTC to issue cease-and-desists to non-life insurers for premium collusion - report
July 5 2024
Fair Trade Commission found four major insurers engaged in unfair trade practices, but has decided not to impose fines.
hong-kong-insurance-authority-fines-broker-and-technical-representative-for-policy-mishandling
Hong Kong Insurance Authority fines broker and technical representative for policy mishandling
June 24 2024
HK$44,270 fine imposed for failure to manage a client's motor policy with "due care and diligence."
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28 August
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