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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, October 14, 2026

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Japan life sector data incidents affect nearly 29,000 people
LIAJ, Prudential disclose new data incidents as Japan governance concerns deepen
September 16 2026
However, both entities said they found no evidence that the information had been misused.
Asia's space growth outpaces local capacity as insurers rebuild after heavy losses
Asia's space growth outpaces local capacity as insurers rebuild after heavy losses
September 16 2026
Asia's commercial space sector is expanding faster than local insurance capacity, leaving operators reliant on overseas reinsurers as orbital congestion emerges as a new underwriting risk.
Kyobo Life to integrate digital insurer Lifeplanet
Kyobo Life to integrate digital insurance arm Lifeplanet
September 16 2026
The merger is intended to enhance Kyobo Life's digital insurance capabilities by combining Lifeplanet's online platform with its broader life insurance franchise.
South Korea's FSS flags claims handling concerns amid rising complaints
South Korea's FSS flags claims handling concerns amid rising complaints
September 16 2026
The regulator plans closer oversight of claims assessment practices, with a particular focus on claims leakage, dispute trends and potential on-site reviews.
Australia moves to cut private health insurance rebates for over-65s from April 2027
Australia moves to cut private health insurance rebates for over-65s from April 2027
September 16 2026
The change is expected to increase the cost of cover for around 3.2 million older Australians.
MB Insurance takes prestige motor underwriting into New Zealand
MB Insurance takes prestige motor underwriting platform into New Zealand
September 16 2026
The 35-year-old Australian MGA is writing prestige, luxury, high-performance and classic motor risks for New Zealand brokers on MS Amlin capacity at Lloyd's.
Zurich's US$10.9bn Beazley acquisition secures regulatory approvals, targets October 1 completion
Zurich's US$10.9bn Beazley acquisition secures regulatory approvals, targets 1 October completion
September 15 2026
A court hearing on 22 September is the last substantive hurdle before the mega deal is completed.
“We are disrupting ourselves”: Peak3 announces new end-to-end AI-driven delivery lifecycle for insurance systems
Peak3 announces new end-to-end AI-driven delivery lifecycle for insurance systems 
September 15 2026
The system has cut end-to-end feature development and core implementation costs by 50%, with client availability planned within six to 12 months.
Miller enters Malaysia via Labuan reinsurance platform
Miller enters Malaysia via Labuan reinsurance platform
September 15 2026
The new operation is anchored by treaty reinsurance specialists Jo Garnett and Hui Sin Low, with additional talent expected to join later this year.
South Korea motor insurers swing to H1 underwriting loss as combined ratio hits 101.9%
Korea motor insurers post first H1 underwriting loss in 6 years as combined ratio hits 101.9%
September 15 2026
Rate increases and a larger insured vehicle pool helped lift premiums in H1 2026, although worsening claims costs weighed on the segment.
Eureka Underwriting launches in Australia with Lloyd’s backing
Eureka Underwriting launches Lloyd's-backed financial lines agency in Australia
September 15 2026
Led by former Swiss Re Corporate Solutions and AIG executive Giuseppe Carone, the Lloyd's-backed MGA will focus on professional indemnity, cyber and management liability risks.
ICICI Prudential Life to challenge US$391K tax demand after appeal rejection
ICICI Prudential Life to challenge US$391K tax demand after appeal rejection
September 15 2026
The GST demand and penalty relate to alleged non-payment of tax on certain outward supplies between 2017 and 2019.
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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.