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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, September 23, 2026

Risk

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.
china-construction-bank-sued-over-alleged-role-in-facilitating-vesttoo-reinsurance-fraud
China Construction Bank sued over alleged role in facilitating Vesttoo reinsurance fraud
May 11 2024
US insurer Porch Group sues CCB, alleging its employees colluded with Vesttoo on fake letters of credit.
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.
australia-life-insurance-breaches-rise-for-third-year-but-impact-significantly-fewer-customers
Australian life insurance code breaches rise for third year, but impact fewer customers
April 9 2024
The Life Insurance Code Compliance Committee reports 9% rise in breaches in 2022-23, but 47% reduction in number of customers impacted.
iag-pays-au37m-in-worker-back-pay-due-to-inadequate-systems
IAG pays AU$37m in worker back-pay due to inadequate systems
April 5 2024
Insurer self-reported non-compliance and pays over AU$21m (US$13.83m) for federal wages and entitlements, while settling AU$16.2m for state and territory long service leave entitlements.
insurance-council-of-new-zealand-enhances-complaints-transparency
Insurance Council of New Zealand enhances complaints transparency
March 25 2024
ICNZ collaborates with dispute resolution services to break down complaints data by member.
strata-insurance-services-under-fire-over-alleged-overcharging-of-insurance-brokerage-fees-report
Strata Insurance Services under fire for alleged overcharging of brokerage fees - report
March 23 2024
Parent company Netstrata facing heavy scrutiny over allegations of inflated insurance brokerage fees and engaging in kickback schemes, an ABC investigation reveals.
insurance-agent-banned-for-15-months-over-for-falsifying-documents
Hong Kong Insurance agent banned for 15 months for falsifying documents
March 21 2024
Document and signature falsification results in a rescinded policy, leaving client without coverage after the life insured's death.
internal-emails-reveal-turmoil-in-greensill-case-report
Internal emails reveal turmoil in Greensill case - report
March 21 2024
Court documents obtained by Australian Financial Review reveals insights into alleged breaches and regulatory concerns.
insurance-authority-suspends-agent-for-seven-months-over-unauthorised-policy-sign-up
Insurance Authority suspends agent for seven months over unauthorised policy sign-up
March 12 2024
Insurance agent banned for seven months after taking out and paying for policy without client's approval, in a bid to climb sales rankings.
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New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September