Op Risk

irdai-proposes-new-collateral-requirements-for-cross-border-reinsurance-deals

Reliance General Insurance slapped with penalty for regulatory violations

December 31 2025

IRDAI has fined insurer 10m rupees (about US$120K) for breaches related to commission payments and outsourcing.

overseas-premiums-fuel-growth-for-japans-top-3-non-life-insurers-in-fiscal-q1

GIAJ chairman pushes initiatives on restoring public trust, disaster resilience, sales reform for Japan insurers

December 29 2025

Shinichiro Funabiki has asked insurers to reinforce their role as social infrastructure for a stable economy and a “safe and secure society”.

cgc-reports-progress-on-insurers-oversight-of-external-experts

Australia's GI code committee flags industry progress, but gaps remain in external expert oversight

December 11 2025

The follow-up report said eight insurers now prevent external experts from recommending claim outcomes.

HKEX censures Target Insurance and six directors over misleading UAE business claims

November 25 2025

The Exchange found Target Insurance's statements about a UAE insurer and planned bond issue were inaccurate and incomplete.

australias-cbus-fined-a23-5m-for-systemic-failings-in-death-and-disability-claims-handling

Cbus fined A$23.5m for systemic delays in death and TPD insurance claims

November 25 2025

Australia's Federal Court found that thousands of Cbus members faced lengthy delays in receiving death and disability benefits, with some claims remaining unresolved for over a year.

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Lloyd’s probes possible conduct breaches by ex-CEO John Neal

November 20 2025

Confirmation of the independent investigation, which commenced last month, comes amid Neal’s withdrawal from AIG President role he was due to commence in December.