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Colorful Philippine jeepneys and other vehicles line a busy city street, with pedestrians and a cyclist crossing nearby.

Philippine court upholds IC authority to expand public transport insurance pools

June 9 2026

The ruling clears the way for a third insurance pool to operate under the Passenger Personal Accident Insurance system.

gift-city-insurance-offices-double-in-fy2026-as-gwp-expands-sharply

GIFT City insurance GWP doubles in FY2026 as reinsurers expand fourfold

June 9 2026

Health and personal accident drove premium growth, as (re)insurers overtook intermediaries as the main source of premiums transacted in the hub.

echo-re-opens-first-india-office-with-gift-city-branch

IGI secures approval to open reinsurance branch in India's GIFT City

June 9 2026

The move adds IGI to a growing list of global (re)insurers at GIFT City, where gross written premiums nearly doubled to US$1.13bn in FY2026.

Panoramic view of Hong Kong's skyline over Victoria Harbour with distant mountains and trees in the foreground.

Hong Kong life insurers to face pressure as cross-border monitoring tightens — S&P Global

June 9 2026

While direct impact remains limited, tighter cross-border monitoring could weigh on insurers' distribution and sales.

Aerial view of a flooded urban street with muddy water, cars and motorcycles navigating choked intersections, storefronts with large billboards nearby, and people wading through the water.

Thailand OIC presses insurers on group capital rules, disaster playbook at CEO roundtable

June 9 2026

The regulator also set a 2026 target to cut disputes and complaints by at least 15%.

tokio-marine-life-thailand-injects-thb3-3bn-capital-rebalances-assets-under-ifrs-17

Tokio Marine CEO targets global expansion backed by Berkshire alliance

June 8 2026

The Berkshire Hathaway partnership will help the Japanese insurer pursue overseas deals and expand its solutions business, CEO says.

canara-hsbc-life-insurance-faces-us0-5m-gst-demand-over-input-tax-credit-claims

ICICI Prudential Life faces US$1.7m GST demand over FY2024 filings

June 8 2026

The latest tax demand adds to the insurer’s growing exposure, marking the fifth such order issued since February this year.

Calculator surrounded by banknotes and scattered coins with a jar of coins on the right, depicting budgeting or savings.

IRDAI hosts technical workshop to support Ind AS rollout

June 8 2026

Insurers have been urged to closely follow the monthly implementation roadmap and collaborate between finance and actuarial functions.

Facade of the United India building with tall columns and beige stone, banners on top, and a busy street with motorcycles and auto rickshaws in the foreground

LIC seeks more long-term investment instruments as annuity liabilities grow

June 8 2026

The insurer said it is engaging with IRDAI, RBI and SEBI as rising annuity inflows increase demand for long-duration assets.

southern-philippines-hit-with-7-4-magnitude-earthquake-triggers-tsunami-warnings

Magnitude 7.8 earthquake kills dozens in Philippines, triggers tsunami warnings

June 8 2026

The quake, the strongest to strike the Philippines this year, was centered at sea off Mindanao.

Cargo ship docked at a busy port with cranes and city skyline, overlaid by colorful translucent data waves indicating shipping analytics.

AM Best revises Korea P&I outlook to stable on reinsurance restructure

June 8 2026

The ratings agency also affirmed the insurer's B++ financial strength rating and “bbb+” issuer credit rating.

AXA bets on one-stop-shop model, specialty expertise to crack Asia's HNW insurance market

June 8 2026

AXA Global Private is banking on its group-wide specialty capabilities to carve out a niche in a segment where rival carriers are already fiercely competing for wallet share.

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