Taiwan’s FSC revises digital insurer regulation to boost innovation, reduces capital requirement to US$16.5m
May 8 2025 by Joana Nguyen
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IAG New Zealand fined record US$11.4m for misleading customers
- October 6
New Zealand's largest insurer admitted overcharging 269,000 customers US$20.4m, according to the Financial Markets Authority.
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Australia starts consultation on terrorism and cyclone reinsurance legislation
- October 1
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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Ex-Tropical Cyclone Alfred accounts for over 90% of pool claims since inception, ARPC says
- September 30
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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IRDAI’s new chief calls for lower broker commissions: report
- September 25
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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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
