Industry Segments: Regulators Page 1 / 5
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- February 4 2026
New Zealand launches review into soaring home insurance costs
ICNZ said that it welcomes the government's review of the general insurance market
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- February 3 2026
Australia’s corporate regulator appoints Sarah Court as first female chair
Australian Securities and Investments Commission (ASIC) deputy chair will replace the retiring Joe Longo on June 1.
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- January 29 2026
South Korean financial regulator rejects Lotte’s management improvement plan, complicating sale efforts: reports
Rejection follows Financial Services Commission's prompt corrective action issued in November, which the company attempted to overturn through legal action.
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- January 29 2026
South Korea’s new core capital may present capital management challenges: Fitch
New requirements that impose stricter capital base requirement will enhance the quality of insurers’ capital and sector resilience, the rating agency said.
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- January 29 2026
Danantara Indonesia mulls insurance holding company to consolidate state-owned carriers
Sovereign wealth fund is advocating for the merger of 15 insurers to create three firms across life, general, and credit insurance.
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- January 27 2026
Philippines grants PCIC record budget allocation following reinsurance mandate
State-owned crop insurer has been allowed to engage the private sector through co-insurance, reinsurance, and risk pools since last month.
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- January 20 2026
ICA warns against Queensland councils’ mutual insurance plan, urges national pooling
Marsh’s JLT has been asked to consider a mutual insurance option amid growing frustration over a flood-driven surge in premiums.
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- January 19 2026
Thai train collapse victims to get US$32,000 in initial compensation
Lead carrier Dhipaya Insurance will provide the initial compensation, with further compensation to be considered.
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- January 14 2026
South Korean insurers to face stricter capital base requirement from 2027
Ratio of core capital, which counts paid-in capital and retained earnings, to required capital will be set at 50% or above.
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- January 8 2026
Indonesia eager for ‘continuous cooperation’ with London to open the door for Islamic insurance growth
Delegation from Indonesia’s Ministry of Finance and its financial regulator, the Indonesian Financial Services Authority (OJK), was in London last month for a meeting headed by International Underwriting Association CEO Chris Jones and Islamic insurance experts.
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- January 1 2026
Indian regulator fines Reliance General Insurance US$111,000 for violating outsourcing, commission rules
Insurance Regulatory and Development Authority of India penalised the insurer after a remote inspection uncovered improper payments, governance lapses and the use of an external agent without adequate justification.
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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.
