Subject: Legal Page 1 / 5
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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 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 11 2025
Typhoon Odette survivors in the Philippines sue Shell seeking corporate liability for climate-related losses
The lawsuit, filed in London, argues Shell’s historic emissions materially intensified Super Typhoon Odette’s landing in December 2021.
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- December 8 2025
Meritz Fire & Marine faces US$680,000 exposure to Coupang data breach
US-listed Korean retailer is facing class action suits in the US and South Korea following a data leak that compromised information of 34 million customers.
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- December 5 2025
Guy Carpenter wins Singaporean lawsuit against ex-employees, LK Re for using unlawful means to lure client
Reinsurance broker argued defendants worked together to establish a facility to place Samsung Fire and Marine Insurance's domestic warehouse risks, costing Guy Carpenter US$1.3m in revenue.
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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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- October 30 2025
Steadfast CEO Robert Kelly temporarily ‘stands aside’ amid probe into workplace complaint
Tim Mathieson, CEO of Australasian broking, has been appointed as acting chief executive officer, effective immediately.
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- October 14 2025
Australian court restrains Marsh from pursuing Greensill claims in UK
The 'anti-anti-suit injunction' in the sprawling litigation follows Marsh's claims that Greensill is contractually bound to resolve its disputes in England.
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- September 18 2025
Air India crash: US lawsuit targets Boeing, Honeywell over ‘shocking’ failure to prevent catastrophe
If evidence points to manufacturers’ fault, then victims’ families could get provable compensation without any limit in the US courts.
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- September 16 2025
Market Lane assumes Arag legal insurance renewals
Transition will help the insurance group expand its footprint in the specialty insurance sector.
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- August 15 2025
Vesttoo creditors launch lawsuit against Aon, CCB for fraudulent conduct
The complaint alleged Aon’s IP-linked product's transactions were the primary cause of Vesttoo’s downfall, while it also sought damage from CCB for forgery of letters of credit.
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- August 12 2025
Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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- August 6 2025
Red Sea ‘hot topic’ creates opportunities for insurers, with capacity not a major problem despite Houthi escalation
Hannah Chua, legal director in Clyde & Co’s energy, marine, and natural resources team in Singapore, says the market has learned lessons from the past.
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- July 18 2025
‘Time for us to leave’: German legal insurer Arag set to exit Australia market
Arag had partnered with HDI Global Specialty to set-up Arag Services Australia in July 2019.
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- June 24 2025
BMS Australia appoints Ardonagh Global Partners’ Georgina Reilly as general counsel
Sydney-based Reilly will report to Australia CEO Andrew Godden.
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- June 18 2025
‘Surely, prices will go up’: Air India crash to push hull and liability rates, could impact product liability
Brokers and a lawyer tell InsuranceAsia News that last week's fatal crash in Ahmedabad will have a wide-ranging impact on the aviation industry, with total losses set to be as much as US$475m.
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- June 12 2025
Watershed moment as insurers told to cover jets stranded in Russia
AerCap, which owns 116 of the planes, was awarded US$1bn after the judge ruled that the cause of the loss was 'an act or order of the Russian government' and should be covered by war risks policies.
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- June 9 2025
Former CCB manager faces bribery charge in Hong Kong over US$470,000 from Vesttoo employee
The new charge by the Independent Commission Against Corruption alleges that the relationship manager at China Construction Bank accepted cryptocurrency Tether from the insurtech employee, a middleman, and others in exchange for authenticating false letters of credit and collateral letters.
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- June 9 2025
Manulife unit to re-domicile to Hong Kong from Bermuda in November
Second insurer after Axa to shift its base under Hong Kong's new company re-domiciliation regime.
