Indonesia health, credit lines remain pressure points as AM Best keeps non-life outlook stable
Upcoming capital reforms and tighter underwriting discipline should support earnings stability, although volatility is likely to persist in the near term.
MAS sets AI risk management rules for financial institutions, flags underwriting and third-party use
Insurers will face higher transparency expectations under the guidelines taking effect from October 2027.
Thailand OIC tests cyber resilience through industry-wide exercise
The exercise aims to help insurers further strengthen cyber risk management frameworks and keep pace with increasingly severe and sophisticated cyber threats.
Tune Protect expands embedded travel insurance into Indonesia, Thailand and Philippines
The move follows a Malaysian rollout in 2025 as Tune Protect pursues broader regional expansion through embedded travel insurance partnerships.
LINA Life injects US$37m into sales subsidiary LINA One
The latest injection takes total capital support to about US$108m, as the unit continues to face losses and tighter commission rules.
IAG, RAC challenge ACCC’s A$1.35bn deal block at tribunal
The companies argue the regulator failed to assess the acquisition as part of their broader strategic alliance, including distribution and brand licensing arrangements.
Thailand disaster insurance scheme faces first claims after northern floods
The OIC is coordinating with 11 participating insurers to accelerate claims assessment and payments.
Chhattisgarh blacklists Oriental Insurance over helicopter claim; insurer cites AAIB delay
The state acted after the insurer rejected the claim more than four years after the crash, while the insurer cited operational violations.
Australian Greens, Coalition oppose proposal to cut private health insurance rebates for over-65s
The change is expected to have a significant financial impact on lower-income older Australians, including pensioners and part-pensioners, while placing additional pressure on the public hospital system.
Singapore to review critical illness definitions in 2027
Any changes to critical illness definitions could reshape coverage triggers, claims experience and premiums for future policyholders.
Hong Kong brokers face growing pressure over AML due diligence
IA’s actions point to greater scrutiny when onboarding customers.
APAC medical cost growth to slow to 9.7% in 2027, Aon forecasts
Slower growth in China and India drives the easing, while Singapore and Indonesia head the other way at 14.7% and 17.3%, adding to pressure on health insurance affordability.