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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Friday, October 16, 2026

Risk

nz-financial-markets-authority-files-proceedings-against-tower-insurance-over-discount-failures
NZ FMA files civil proceedings against Tower Insurance over discount failures
March 8 2024
Financial Markets Authority alleges Tower overcharged customers NZ$9.5m (US$5.87m) by failing to apply multi policy discounts.
icac-charges-ex-insurance-authority-director-over-coercive-hiring-allegations
ICAC charges ex-Insurance Authority director over coercive hiring allegations
March 8 2024
Hong Kong's corruption watchdog charges Hui Mei-ying and daughter-in-law with misconduct in Prudential hiring case, with both granted bail.
irdai-bans-international-broker-confiance-for-two-years
IRDAI bans international broker Confiance for two years
March 6 2024
Regulator bans foreign reinsurance broker for 'serious and grave' violations, including failure to secure reinsurance and involvement in forged reinsurance slips.
insurance-brokers-must-improve-reporting-practices-warns-australian-compliance-committee
Insurance brokers must improve reporting practices warns Australian compliance committee
March 6 2024
Insurance brokers face intensified scrutiny from the IBCCC for inaccuracies in reporting, with new guidance issued to improve compliance.
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.
transitional-measures-give-korean-insurers-time-to-strengthen-balance-sheets
Transitional measures give Korean insurers time to strengthen balance sheets
February 14 2024
Korean insurers capital ratios are 20% stronger thanks to transitional measures introduced by regulators, but these have a limited timespan.
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.
xavier-lo-promoted-to-director-role-at-axa-hong-kong-and-macau
Xavier Lo promoted to Director role at AXA Hong Kong and Macau
February 2 2024
Lo takes up new position as Operational, Information Risk Management and Internal Control Director at AXA.
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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.