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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, August 24, 2026

Op Risk

hong-kong-insurance-authority-enforces-prohibition-orders-on-three-agents-for-unfit-conduct
Hong Kong Insurance Authority enforces prohibition orders on three agents for misconduct
March 4 2024
IA imposes bans due to submission of false academic certificates and impersonation to access account information.
japanese-insurance-giants-cut-executive-pay-in-wake-of-price-fixing-investigation
Four Japanese insurance giants cut executive pay in wake of price-fixing investigation
March 1 2024
130 executives face temporary salary reductions up to 50%, as insurers submit business improvement plans following investigation into co-insurance policy collusion.
japanese-non-life-insurers-to-divest-from-cross-held-shares-report
Japanese non-life insurers to divest from cross-held shares over next few years - report
February 29 2024
FSA crackdown on collusion practices prompts JPY6.5tn (US$43bn) share divestment by Japanese insurers.
sompo-japan-chairman-keiji-nishizawa-to-step-down-report
Sompo Japan Chairman Keiji Nishizawa to step down - report
February 29 2024
Nishizawa looks set to step down and would be the latest high-profile resignation in the wake of the Japanese insurance industry's Bigmotor and price-fixing scandals.
japanese-non-life-insurers-told-to-offload-cross-held-shares-in-wake-of-price-fixing-probe
Japanese insurers told to offload cross-held shares in wake of price-fixing probe - report
February 12 2024
Concerns over influence of strategic shareholdings have prompted Japan's FSA to order insurers to divest from cross-held shares.
cps-230-means-increasing-focus-on-cyber-risk-for-australian-insurers
CPS 230 means increasing focus on cyber risk for Australian insurers 
February 8 2024
Insurers will need to focus on fourth and fifth party outsourcing as part of the new APRA standard.
apra-increases-auto-general-capital-requirement-by-au50m
APRA increases Auto & General capital requirement by AU$50m
January 30 2024
Following review, regulator mandates risk remediation program and increases capital requirement by AU$50m (US$33m).
bigmotor-scandal-yet-to-dent-sompo-share-price-as-group-ceo-exits
Bigmotor scandal yet to dent Sompo share price as Group CEO exits
January 30 2024
Sompo accused of ‘valuing profits over customer interests’ by the FSA in a business improvement order.
sompo-holdings-chairman-and-group-ceo-set-to-resign-over-bigmotor-insurance-scandal
Sompo Holdings Chairman and Group CEO to resign over Bigmotor insurance fraud scandal - reports
January 23 2024
Kengo Sakurada to resign in wake of subsidiary Sompo Japan's involvement in Bigmotor insurance fraud case.
sompo-japan-to-name-koji-ishikawa-as-president-report
Sompo Japan to name Koji Ishikawa as President - report
January 22 2024
Ishikawa poised to succeed Giichi Shirakawa, who resigned in September amid questions over Sompo's handling of business partner Bigmotor Co.
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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.