Industry Segments: Regulators Page 1 / 5
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- December 23 2025
Hong Kong seeks to ‘enhance competitiveness’ of risk-based capital regime: IA
Reports this week said the Hong Kong Insurance Authority was proposing new rules to channel insurance capital into assets, including cryptocurrencies and infrastructure.
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- December 22 2025
SK Telecom facing US$1.5bn compensation payout following cyber breach: reports
South Korea's largest mobile network operator suffered the data breach in April, which impacted its 23 million users.
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- December 22 2025
Wang Fuk Court fire insurance payouts exceed US$33m: HKIA
General insurers have processed 1,038 clams with total payout of around US$26m in the three weeks since the fire, the regulator said.
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- December 19 2025
IFRS 17 timeline ‘question mark’ remains for India, Aon says
Anthony Atkins, APAC head of actuarial, says the Indian market has been 'quite slow in terms of its IFRS journey', with the deadline reported to have been extended until FY27.
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- December 17 2025
Discount rate cut lowers capital pressures on South Korean non-life insurers: AM Best
Rating agency expects strengthening of supervision on asset-liability management will enhance the industry’s stability and resilience.
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- December 16 2025
Bondi Beach attack declared terrorism incident, Australia’s Terrorism Reinsurance Pool activated
Insurance Council of Australia also declares Sunday's incident as a 'significant event'.
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- December 15 2025
ARPC asks to be notified of potential terrorism pool claims from Bondi shooting
Government-backed terrorism pool will only take effect once the minister declares a terrorist incident.
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- December 15 2025
Vietnam reduces requirements for insurance market entry
Move is part of an effort by Vietnam to reduce administrative burdens on local insurers, according to a press release by reinsurer Hanoi Re.
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- December 12 2025
Manulife successfully completes re-domiciliation from Bermuda to Hong Kong
Insurer was the second after French rival AXA’s Hong Kong and Macau arm to apply for the new company re-domiciliation regime after it was introduced in May.
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- December 8 2025
‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says
About 10,000 active life insurance policies from 35 insurers and 1,800 property policies from 35 insurers have been identified as having been issued to residents, he adds.
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- December 1 2025
Opinion: Mutually beneficial to address Hong Kong’s marine war insurance needs
Hong Kong Marine War Risks Insurance Pool will focus on providing marine war risk insurance, covering vessel loss or damage caused by acts of war, piracy, terrorist attacks, and related geopolitical incidents.
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- November 24 2025
India edges closer to 100% FDI limit in insurance: reports
Government to introduce a bill during the parliament’s winter session, which starts on Monday, seeking to increase the foreign direct investment (FDI) limit from 74%.
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- November 20 2025
Hong Kong launches marine war risk insurance pool
Initiative, announced by chief executive John Lee earlier this year, is managed by Alliance Risk Transfer and its founding members include China Taiping, PICC, CMB Wing Lung, CPIC and Asia Insurance.
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- November 19 2025
Optus Mobile fined US$500,000 for breaching anti-scam rules
Australian Communications and Media Authority (ACMA) found Optus, operating as Coles Mobile, breached anti-scam rules on 44 occasions in September and October 2024.
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- November 14 2025
Lotte Insurance to sue FSC over ‘prompt corrective action’: reports
Dispute stems from the regulator's decision to issue a management improvement recommendation to the Korean carrier.
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- November 11 2025
Seadrif, Philippines join hands to explore disaster insurance facility for public assets
Seadrif Sovereign Asset and Fiscal Empowerment facility is intended to ensure uninterrupted delivery of essential services to citizens in the aftermath of natural disasters.
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- November 5 2025
ICA expands Severe Spring Storms declaration as Queensland claims surge past 26,000
Storms have produced thousands of new claims across the state, with early industry estimates pointing to insured losses exceeding A$250 million (US$165 million).
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- November 4 2025
SIRC: London market eyeing Singapore property insurance opportunities
London market is helping to develop new solutions which will help to bridge the protection gap, says International Underwriting Association CEO Chris Jones
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- November 4 2025
SIRC: Opportunity knocks for Singapore to serve Southeast Asia’s growing protection needs
Chia Der Jiun, managing director of the Monetary Authority of Singapore (MAS), also highlights the potential role of the alternative risk transfer market in his keynote address on the opening day of the Singapore International Reinsurance Conference.
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- October 30 2025
China empowers mainland insurers to issue sidecars in Hong Kong
NFRA notice on ILS seeks to enhance catastrophe risk management capabilities of Chinese insurers and strengthen Hong Kong's position as an international risk management hub.