Industry Segments: Regulators Page 1 / 4
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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.
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- October 27 2025
Hong Kong insurers’ H1 GWP at US$7.5bn, underwriting profit at US$180m: HKIA
The industry reported gross claims of US$3.3bn, while overall operating profit stood at US$840m, the regulator said.
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- October 23 2025
Australia’s proposed reinsurance overhaul to turbo-charge ILS sector
Changes would see a wide-ranging liberalisation of the reinsurance market, including an adjustment to reinstatement requirements, and a more light-touch approach.
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- October 16 2025
New Zealand adaptation framework will develop national flood map, strengthen climate change legislation
ICNZ has welcomed the framework as an important and necessary first step towards building the country's climate resilience and keeping insurance accessible.
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- October 16 2025
Australia’s cyclone pool delivers 37% premium cut in highest-risk areas: ARPC
Premiums and quote success rates improve across cyclone-prone regions, with SME policies seeing further reductions.
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- October 16 2025
‘On the cusp of transformation’: AI creates a need for ‘product evolution’ in cyber insurance
The insurance industry has a key role to play in responding to the rapidly evolving threat of AI enabled cyber attacks, says Singapore's Cyber Security Agency's Veronica Tan.
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- October 15 2025
Australian insurers demand review of ‘outdated’ public liability laws to ease cost pressure
Insurance Council of Australia has made recommendations for state and territory governments to modernise and unify public liability laws that haven’t been reviewed in almost 25 years.
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- October 15 2025
ADB approves US$400m loan to strengthen Philippines insurance sector
The development bank's first dedicated insurance reform program will creat an enabling environment for broader participation in the sector.
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- October 14 2025
Lawmakers to question major Korean carriers over high disaster insurance premiums, margins: report
- Insurers
- South Korea
- DB Insurance
- Hanwha General Insurance
- Hyundai Insurance
- KB Insurance
- Meritz Fire & Marine Insurance
- Samsung Fire & Marine
The National Assembly has summoned chief executives of Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, Hanwha General Insurance, Meritz Fire & Marine and NH NongHyup Property & Casualty Insurance.
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- October 14 2025
China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
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- October 6 2025
IAG New Zealand fined record US$11.4m for misleading customers
New Zealand's largest insurer admitted overcharging 269,000 customers US$20.4m, according to the Financial Markets Authority.
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- October 1 2025
Australia starts consultation on terrorism and cyclone reinsurance legislation
The Treasury has launched a statutory review of the Terrorism and Cyclone Insurance Act 2003, inviting public feedback on the relevance and governance of national reinsurance pools.
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- September 30 2025
Ex-Tropical Cyclone Alfred accounts for over 90% of pool claims since inception, ARPC says
Cyclone pool received 101,888 claims from the cyclone that affected Queensland and New South Wales during February and March, totalling to US$650m.
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- September 25 2025
IRDAI’s new chief calls for lower broker commissions: report
India’s insurance regulator is weighing a shift in commission governance, urging insurers to adopt a tiered expense framework similar to mutual funds amid rising scrutiny over distribution costs and their impact on policyholder premiums, media reports said.
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- September 23 2025
ARPC revises cyclone pool rates with SME risk mitigation discounts
Australian Reinsurance Pool Corporation (ARPC) makes no other changes to the premium rating, with home and strata premium rates unchanged.
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- September 23 2025
Australian regulator sues RACQ over misleading renewal comparison pricing
Australian Securities and Investments Commission has alleged that the IAG-owned carrier inflated 'last period premium' in more than 570,000 renewal documents sent to customers between September 2019 and December 2024.
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- September 17 2025
Hong Kong proposes marine risk pool in maritime push
Chief executive John Lee said in his annual policy address that the government would also promote exclusive captive and reinsurance businesses, as well as develop insurance products for the low-altitude economy.
