Policyholders of Cigna, Great Eastern, HSBC Life, Income Insurance, Singlife and Tokio Marine among those affected by the attack on the third-party administrator.
An interim resolution and a clean audit of first-half 2026 results have mitigated the downside, but the Vietnamese insurer’s risk management framework still needs further assessment.
The council is urging the next government to back resilience infrastructure, stronger land-use planning and long-term funding to reduce natural hazard risks and protect insurance affordability.
The expanded offering comes as regulators and corporates across Asia-Pacific show growing interest in captives and other alternative risk-transfer mechanisms.
The appointment follows Howden's recent expansion of its Australian sport and entertainment practice with the recruitment of multiple former Marsh executives.
The insurer expects Prudential of Japan's return to market to take up to 18 months, with sales set to resume in February 2027 under a phased reopening.
The insurers have been ordered to overhaul compensation structures, strengthen sales oversight and submit externally reviewed remediation plans by November.
