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Gavel beside a silver toy car with an open door on a gray surface, suggesting auto law or car accident legal matters.

India's top court warns insurers over policy ambiguity, urges IRDAI to standardise cross-border motor cover

July 23 2026

“Sloppy drafting could cost you something,” the bench told insurers while stressing the importance of precise policy drafting.

Two yellow vans partially submerged in muddy floodwater on a city street, with trees, a river, and tall buildings in the background.

APAC catastrophe losses remain subdued in H1 2026 as global protection gap widens: Aon

July 22 2026

The region's costliest event was seasonal flooding in China, which generated approx. US$4.9bn in economic losses.

sompo-holdings-to-restructure-into-two-global-segments

Sompo to acquire Brazil's Fator Seguradora to boost global specialty business

July 22 2026

The deal hands the Japanese insurer a Brazilian underwriter with strength in property, surety and financial Lines.

Close-up of a world globe focusing on Southeast Asia and Australia, with red travel routes drawn over the map.

APAC insurers face capital squeeze as market, regulatory and catastrophe risks rise: S&P

July 22 2026

Flexible capital tools, reinsurance and selective investment shifts are becoming central to how insurers protect balance sheets and manage volatility.

Aerial view of a river running through a densely built city with multiple bridges and a tall skyscraper on the right, mountains in the distance under cloudy skies. (Informative cityscape)

Regulation and investment income keep South Korea's non-life outlook stable despite weaker underwriting: AM Best

July 22 2026

Claims pressure from the end of the 2024 medical strike and years of motor rate cuts is pushing the strongest insurers abroad in search of new growth.

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Canara HSBC Life's VNB rises 29% as non-par savings and protection gain share

July 22 2026

A larger contribution from non-par savings products, combined with strong protection growth, helped Canara HSBC Life deliver stronger profitability in Q1 FY2027.

Panoramic city skyline with tall glass skyscraper and apartment blocks, a rooftop pool in the foreground, and an overcast sky.

India, Malaysia drive biggest insurance deals as APAC activity cools in Q2

July 22 2026

Against a broader regional slowdown, Southeast Asia stood out as the most active deal market.

Two firefighters in full turnout gear with red helmets and breathing apparatus walk near a fire engine.

Fire at South Korea's Coupang logistics hub raises liability questions — Report

July 22 2026

A reported KRW380bn (approx. US$257m) property policy covering Coupang's Incheon logistics centre is under scrutiny as investigators work to determine liability for the fire.

City skyline with financial graphs overlay, reflecting economic growth and market analysis.

AM Best assigns B+ rating to Philippines' MAAGAP as underwriting results improve in 2025

July 22 2026

"Ongoing remedial measures" helped steady the insurer's performance after natural catastrophe and large loss events caused volatility, the ratings agency said.

Person analyzes data on a desk, using a pen under a magnifying glass with a calculator and laptop nearby

Consumer advocates warn Australia’s proposed general insurance code weakens protections

July 21 2026

Consumer groups welcomed some proposed changes, but argue that around 28% of protection clauses have been removed or weakened.

AI chip symbol representing AI expansion in P&C insurance by Ping An.

Ping An reports 80% efficiency gain as AI expands across P&C operations

July 21 2026

The insurer said automation has cut motor policy processing times, doubled underwriter capacity and strengthened risk screening.

Illustration of a mountain with a flag for 2026 and a path leading to a summit with a flag for 2028.

Indonesian insurers on track for end-2026 capital rules, but 2028 poses bigger test

July 21 2026

More than 80% of insurers have already met OJK's 2026 requirements, but experts say capital alone will not fix weak fundamentals as tougher 2028 rules loom.

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