Subject: Public sector solutions Page 1 / 1
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- July 10 2026
‘Game changer’ PCC regime sharpens Singapore’s regional risk hub appeal
Monetary Authority of Singapore’s proposed protected cell company (PCC) framework could streamline access to advanced risk management solutions, cutting the cost and governance burdens of traditional structures, market participants say.
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- July 7 2026
Singapore targets 2028 launch of protected cell company regime for captives, ILS, sovereign pools
Monetary Authority of Singapore opens consultation on a proposed legislative framework for the new regime aimed at deepening alternative risk transfer solutions.
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- July 2 2026
Australia’s cyclone reinsurance pool only part of the answer, brokers association says
National Insurance Brokers Association (NIBA) responds to the release of the fifth and final insurance monitoring report by the Australian Competition and Consumer Commission (ACCC).
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- July 2 2026
Reinsurance pools must be designed to ‘absorb volatility, not just price for it’: ARPC chief
Affordability and resilience must be addressed together, warning that focusing on one in isolation is unlikely to deliver sustainable outcomes, Australian Reinsurance Pool Corporation CEO Christopher Wallace says.
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- June 25 2026
Australia’s cyclone pool has moderated premiums in high-risk areas: ACCC
Pool is delivering targeted premium relief for households and small businesses most exposed to cyclone risk, although broader cost pressures continue to push prices higher nationwide.
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- May 22 2026
South Korea to offer US$200m war-risk cover for small shippers in Strait of Hormuz
Financial Services Commission will also explore the creation of a reinsurance program to extend coverage to larger vessels with significant economic impact.
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- May 13 2026
India launches US$1.5bn maritime insurance pool, issues first war risk policies
GIC-administered Bharat Maritime Insurance Pool provides H&M, cargo, P&I, and war-risk cover for Indian-flagged or controlled vessels and voyages to or from India.
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- May 3 2026
ADB issues US$160m inaugural sovereign cat bonds for Kyrgyzstan, Tajikistan
Two Asian Development Bank (ADB) US$80m bonds with parametric triggers listed on the Singapore Exchange will offer protection against earthquakes and flooding.
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- April 19 2026
India approves marine insurance pool with US$1.4bn sovereign backing
Bharat Maritime Insurance Pool will provide H&M, cargo, P&I, and war-risk cover for Indian-flagged or controlled vessels and voyages to or from India.
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- April 13 2026
India firms up plans for GIC Re-led US$100m marine war risk pool
Bharat Marine Pool will be led by state-owned reinsurer GIC Re and New India Assurance.
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- April 2 2026
PCRIC pioneers drought parametric cover for Nauru
Policy provides financial protection for the Pacific island nation against drought for 12 months until March 2027.
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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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- 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 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 13 2025
Australia’s cyclone pool ‘needs greater focus on climate resilience and mitigation’: ICA
- Industry associations
- Australia
- Public sector solutions
- Australian Reinsurance Pool Corporation
- Insurance Council of Australia
Industry group says pool has contributed to reducing pressure on insurance premiums in northern Australia, but not directly reduce underlying extreme weather risk.
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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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- 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 8 2025
ARPC in ‘strong financial position’ despite ‘large scale’ impact of ex-Tropical Cyclone Alfred
Australian Reinsurance Pool Corporation suffered an operating deficit of US$587.5m during the 2024-25 financial year, according to its annual report.
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- March 27 2025
Australia extends deadline for US$125m disaster mitigation grant due to Cyclone Alfred
The application deadline for the third round of the Disaster Ready Fund, focused on large-scale infrastructure, has been extended by two weeks from April 2.