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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, October 14, 2026

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Air India tragedy: IRDAI issues urgent directives, insurers ease documentation to fast-track settlements
June 16 2025
The incident, expected to be India’s largest ever aviation insurance payout, has triggered the creation of a joint claims cell and expedited claims processing.
singapore-reinsurance-corporation-secures-gift-city-reinsurance-licence
Sing Re secures GIFT City licence
June 14 2025
Entry into GIFT City follows recent moves by other international industry players.
taiwan-fsc-introduces-interim-relief-measures-for-life-insurers-amid-market-volatility
FSC introduces interim relief measures for Taiwanese life insurers amid market volatility
June 13 2025
Under the interim measures, life insurers can use a six-month average exchange rate to calculate equity and risk capital for specific financial assets.
fitch-assigns-a-rating-to-transglobe-life-but-warns-of-weaker-earnings-in-2025
Fitch assigns 'A' rating to TransGlobe Life, but warns of weaker earnings in 2025
June 13 2025
Fitch has assigned ratings to the Taiwanese insurer but placed them on Rating Watch Negative, citing FX risks.
suncorp-launches-generative-ai-tool-to-streamline-claims-processing
Suncorp launches gen AI tool to streamline claims processing
June 13 2025
Australian insurer says the tool cuts processing time by five to 30 minutes per claim.
giaj-reports-progress-in-addressing-conduct-risks-plaguing-japans-insurance-industry
GIAJ launches new initiative to help address conduct risks plaguing Japan's insurance industry
June 13 2025
Japan’s insurance industry steps up reforms with new guidelines and a council to support third-party reviews of agency practices.
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Markel strengthens insurtech sector offering with new InsurtechRisk+ policy
June 13 2025
Policy provides coverage limits up to £10m (US$13.6m) for insurtechs based in Australia, Asia, Canada, and Europe.
air-india-flight-ai171-crashes-in-ahmedabad-with-242-on-board
Air India flight crashes with 242 on board; early insurance loss estimates at US$120m-US$150m
June 12 2025
Tata AIG-led insurance consortium and global reinsurers face significant claims after Air India flight AI171 crashed, leaving only one survivor.
insurance-losses-from-cyclone-alfred-total-a2-25bn-says-perils
PERILS lowers Cyclone Alfred loss estimate to A$2.25bn for Australian insurers
June 12 2025
The industry data provider's initial loss estimate has been revised downward by 12%.
qbe-enters-us1-6bn-reserve-deal-with-riverstone-and-enstar-to-de-risk-exposure
QBE Asia partners with IFC to promote property insurance resilience in Asia Pacific
June 12 2025
QBE becomes the first insurer to join the BRI program.
accc-clears-allianz-australias-acquisition-of-raa-insurance-business
ACCC clears Allianz Australia’s acquisition of RAA insurance business
June 12 2025
The watchdog says the deal isn’t expected to reduce competition in the market.
War risk insurers liable for jets seized in Russia UK High Court rules
War risk insurers liable for jets stranded in Russia, UK High Court rules
June 12 2025
Global (re)insurers are facing billions in payouts, with the judgment likely to have wide-ranging implications.
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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.