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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, August 24, 2026

Op Risk

japans-general-insurance-industry-must-work-tirelessly-to-rebuild-trust-giaj-chairman
Japan's general insurance industry must work "tirelessly" to rebuild trust: GIAJ Chairman
June 24 2024
Keisuke Niiro stresses importance of restoring industry trust following price-fixing and fraud claims controversies.
medibank-being-sued-by-privacy-watchdog-over-2022-data-breach
Regulator blames Medibank cyberattack on lack of multi-factor authentication
June 20 2024
In a court filing, the OAIC alleges that the health insurer's lack of MFA enabled hacker to exfiltrate 520 gigabytes of data.
sompo-japan-under-fire-again-for-possible-antimonopoly-law-breach
Sompo Japan faces further heat after investigation reportedly uncovers prearranged premiums
June 17 2024
An external investigation says it found Sompo Japan prearranged premiums with other non-life insurers, affecting 385 corporate clients.
apra-finalises-guidance-for-upcoming-op-risk-standard-cps-230
APRA finalises guidance for upcoming op risk standard, CPS 230
June 13 2024
Regulator releases final cross-industry guidance to aid in the implementation of CPS 230, which will take effect from 1 July 2025.
two-philippine-non-life-insurers-placed-under-conservatorship-report
Two Philippine non-life insurers placed under conservatorship - report
June 7 2024
Insurance Commission reportedly take control of Premier Life and Trisco due to legal non-compliance.
rapid-growth-in-mga-premiums-warrant-enhanced-oversight-am-best
Rapid growth in MGA premiums warrant enhanced oversight: AM Best
June 4 2024
AM Best calls for heightened oversight amid rapid growth of MGAs and increased private equity involvement.
australian-consumers-insurance-lobby-calls-for-reforms-to-gi-code-of-conduct
Australian Consumers Insurance Lobby calls for reforms to GI Code of Conduct
May 29 2024
ACIL proposes 52 recommendations to Code of Conduct, aiming to close loopholes and improve consumer protections in light of increasing disputes.
major-japanese-insurers-admit-to-sharing-customer-data-report
Major Japanese insurers admit to sharing motor customer data - report
May 24 2024
Insurers admit to sharing of policy information, marking the latest in a series of industry compliance issues in Japan over the last year.
mitsui-sumitomo-insurance-aiming-to-offload-all-cross-held-shares-within-two-years-report
Mitsui Sumitomo Insurance aiming to offload all cross-held shares within two years - report
May 7 2024
Incoming head pledges rapid divestment as part of response to price-fixing scandal that hit major Japanese insurers.
new-ai-platforms-require-tighter-focus-on-governance
New AI platforms require tighter focus on governance
May 2 2024
APAC insurers' traditional business models and legacy architecture could make it harder for them to tackle new risks.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August
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.