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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Friday, October 2, 2026

India

apra-urges-step-change-in-ai-risk-governance-as-adoption-accelerates
IRDAI to develop AI governance framework through industry working group
June 22 2026
The regulator seeks to establish guardrails for the growing use of AI in the sector.
Stacks of coins with wooden blocks spelling IPO and a red upward arrow, signaling an IPO surge.
Indian insurtech Turtlemint opens IPO with US$93m fundraise target
June 19 2026
Part of the IPO proceeds will be invested in its subsidiary, Turtlemint Insurance Broking Services, to meet working capital requirements.
Busy city street lined with tall glass buildings and trees, pedestrians walking on both sides under a blue sky and scattered clouds.
Japan and India drive surge in APAC transactional risk claims — Marsh
June 19 2026
Private equity-driven deal activity and rising use of transactional risk insurance pushed APAC claims to record levels in 2025.
Circular headshot of a man over a city skyline, with the IRDAI logo visible in the top-left corner.
LIC India's Dinesh Pant joins IRDAI as whole-time member
June 19 2026
A seasoned professional with over 35 years of insurance experience, Pant will serve the regulator for five years.
A sprawling cityscape with a wide, multi-lane highway cutting through high-rise buildings under construction under a blue sky.
IRDAI moves to enhance regulatory transparency with revised framework
June 18 2026
The draft framework introduces mandatory public consultation and standardised procedures to strengthen regulatory accountability and consistency.
Gavel resting on a black law book with the Indian flag beside it on a wooden desk, symbolizing Indian law and justice.
India’s first comprehensive MGA rulebook arrives in GIFT City
June 18 2026
The dedicated framework allows MGAs to design products and run the policy lifecycle, but restricts them from entering reinsurance or syndicate structures.
Judicial gavel resting on a stylized map of India highlighted in saffron, white, and green with the blue wheel visible in the center.
IRDAI proposes first rules for insurer mergers with non-insurance companies
June 17 2026
The draft amendments also propose lower deal fees, tighter foreign ownership rules, and new naming standards.
Portrait photo of a man with glasses centered over a cityscape at sunset, with a GIC Re logo in the top-left corner.
GIC Re announces Hitesh Joshi as Chairman and Managing Director
June 17 2026
Joshi will lead GIC Re as Chairman and Managing Director until his superannuation in September 2028.
tech-and-product-innovation-fuels-private-insurers-rise-in-indian-motor-segment-globaldata
ICICI Lombard clarifies E20 fuel use not grounds for claim rejection
June 16 2026
India is increasing the use of ethanol-blended petrol as part of efforts to lower crude oil dependence and promote clean energy.
indian-insurers-hedging-options-increase-as-rbi-allows-bond-forward-trading
India’s central bank eases non-banking financial companies insurance distribution rules
June 16 2026
RBI’s revised framework simplifies entry for NBFCs in insurance distribution while maintaining IRDAI-led approvals and customer protection requirements.
Magnifying glass over a computer screen showing the GIC Re logo and navigation (Home, About Us) on a website.",
India to divest up to 5% stake in GIC Re
June 16 2026
The planned stake sale in GIC Re forms part of the government’s broader divestment strategy, as the reinsurer reports reduced underwriting losses.
Professional headshot of a man in a circular frame overlaying a park scene with the Taj Mahal in the background, and a Howden logo in the top-left corner.
Howden India appoints Bhushan Raorane as EVP for property and risk management
June 15 2026
The insurance broking veteran joins from Mahindra Insurance Brokers, where he most recently served as deputy general manager.
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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.