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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, August 23, 2026

Op Risk

former-china-construction-bank-manager-charged-with-bribery-linked-to-vesttoo-related-fraud
Vesttoo creditors sue Aon, China Construction Bank
August 15 2025
The lawsuit claims Aon and CCB enabled the creation of fake LOCs that triggered Vesttoo’s bankruptcy and widespread insurance sector losses.
japans-fsa-issues-biz-improvement-order-to-fp-partner
Japan's FSA issues biz improvement order to FP Partner
August 8 2025
The regulator has also requested reports from eight life insurers suspected of providing favours to FP Partner.
markel-launches-financial-institutions-insurance-suite-in-australia
APRA hits KeyInvest with capital penalty over risk management failures
August 6 2025
The life insurer must also implement board renewal and remediation plans after independent review found serious oversight gaps.
_irdai-slams-star-health-with-nearly-us400k-fine-warning-over-cybersecurity-mishaps
IRDAI fines Star Health nearly US$400k over data breach
July 29 2025
The IRDAI tightened cybersecurity protocols for insurers and intermediaries earlier in April.
new-giaj-chairman-outlines-reforms-amid-erosion-of-trust-in-japans-insurance-industry
Incoming GIAJ chairman vows continuity and escalation of misconduct response
July 7 2025
The GIAJ’s top priority under its 10th Medium-Term Master Plan will be “efforts to restore trust from customers and society.”
sandeep-gopal-moves-to-malaysia-as-aig-chief-risk-officer-in-apac
Sandeep Gopal moves to Malaysia as AIG's Chief Risk Officer for APAC
July 3 2025
He moves from Fairfirst Insurance, Sri Lanka to take up the new role.
code-committee-penalises-aig-australia-a30000-over-delays-in-addressing-customer-complaints
Code committee penalises AIG Australia A$30,000 over delays in addressing customer complaints
June 26 2025
AIG must also undergo an independent audit by the CGC and is required to publish details of the breach on its website.
sompo-japan-confirms-possible-data-leak-after-system-breach
Sompo Japan confirms possible data leak after system breach
June 19 2025
The breach may have exposed millions of customer and agent records, according to the insurer's initial findings.
scattered-spider-shifting-focus-from-retail-to-insurance-google-warns
Scattered Spider shifting focus from retail to insurance, Google warns
June 17 2025
Google threat analysts say the group behind Marks & Spencer breach is now targeting insurers
former-china-construction-bank-manager-charged-with-bribery-linked-to-vesttoo-related-fraud
Hong Kong authorities charge former CCB employee in Vesttoo case
June 9 2025
Charges relate to alleged acceptance of over US$470,000 in cryptocurrency to supply false letters of credit.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August
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