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Emerging risks | Growth Opportunities | APAC Insurance

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Thursday, November 5, 2026

Risk

risk-based-capital-regime-commences-in-hong-kong
Risk-based Capital regime commences in Hong Kong
July 1 2024
HK's RBC regime begins after nearly a decade of extensive consultations and development.
hong-kong-insurance-authority-fines-broker-and-technical-representative-for-policy-mishandling
Hong Kong Insurance Authority fines broker and technical representative for policy mishandling
June 24 2024
HK$44,270 fine imposed for failure to manage a client's motor policy with "due care and diligence."
japans-general-insurance-industry-must-work-tirelessly-to-rebuild-trust-giaj-chairman
Japan's general insurance industry must work "tirelessly" to rebuild trust: GIAJ Chairman
June 24 2024
Keisuke Niiro stresses importance of restoring industry trust following price-fixing and fraud claims controversies.
medibank-being-sued-by-privacy-watchdog-over-2022-data-breach
Regulator blames Medibank cyberattack on lack of multi-factor authentication
June 20 2024
In a court filing, the OAIC alleges that the health insurer's lack of MFA enabled hacker to exfiltrate 520 gigabytes of data.
sompo-japan-under-fire-again-for-possible-antimonopoly-law-breach
Sompo Japan faces further heat after investigation reportedly uncovers prearranged premiums
June 17 2024
An external investigation says it found Sompo Japan prearranged premiums with other non-life insurers, affecting 385 corporate clients.
apra-finalises-guidance-for-upcoming-op-risk-standard-cps-230
APRA finalises guidance for upcoming op risk standard, CPS 230
June 13 2024
Regulator releases final cross-industry guidance to aid in the implementation of CPS 230, which will take effect from 1 July 2025.
two-philippine-non-life-insurers-placed-under-conservatorship-report
Two Philippine non-life insurers placed under conservatorship - report
June 7 2024
Insurance Commission reportedly take control of Premier Life and Trisco due to legal non-compliance.
rapid-growth-in-mga-premiums-warrant-enhanced-oversight-am-best
Rapid growth in MGA premiums warrant enhanced oversight: AM Best
June 4 2024
AM Best calls for heightened oversight amid rapid growth of MGAs and increased private equity involvement.
barbara-williams-appointed-regional-managing-director-finance-at-allianz-commercial-asia
Barbara Williams appointed Regional Managing Director Finance at Allianz Commercial Asia
May 31 2024
Williams, currently Director of Finance for Allianz Commercial Canada Branch, will move to Singapore for the new role.
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.
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