News Regulations

Australia: APRA applies additional US$1.4m capital requirement to MGA

Australia: APRA applies additional US$1.4m capital requirement to MGA

The Australian Prudential Regulation Authority (APRA) has applied an additional A$2m ($1.4m) capital requirement to Sovereign Insurance Australia (SIA), an MGA.

Sarah Si | 09 Apr 2026

Indonesia: Regulator reports on industry's growth in monthly update

Indonesia: Regulator reports on industry's growth in monthly update

The insurance industry in Indonesia had a varied performance in February 2026. The life insurance sector recorded limited growth in premium income, while the general insurance and reinsurance industry showed a more significant increase.

Ahmad Zaki | 08 Apr 2026

South Korea: Postal service abolishes cap on rewards for reporting insurance fraud

South Korea: Postal service abolishes cap on rewards for reporting insurance fraud

To encourage greater participation and increase detection, Korea's national postal service, Korea Post, plans to remove the cap on rewards paid for reporting insurance fraud in the country.

Jimmy John | 08 Apr 2026

Malaysia: Regulator to include no look-back clause for base health plans

Malaysia: Regulator to include no look-back clause for base health plans

Malaysia's insurance regulator, Bank Negara Malaysia (BNM) plans to include a no look-back clause for base medical and health insurance/takaful (MHIT) plans to be introduced in the country in early 2027.

Jimmy John | 01 Apr 2026

Singapore regulator to classify investment-linked policies as complex products

Singapore regulator to classify investment-linked policies as complex products

Jake Nathanoel Dellosa | 31 Mar 2026

Hong Kong Insurance Authority reports 1,173 complaints in 2025, highlights conduct and compliance focus

Hong Kong Insurance Authority reports 1,173 complaints in 2025, highlights conduct and compliance focus

Jake Nathanoel Dellosa | 31 Mar 2026

Proposed capital reforms to strengthen Hong Kong's reinsurance hub status

Proposed capital reforms to strengthen Hong Kong's reinsurance hub status

Jake Nathanoel Dellosa | 27 Mar 2026

Thailand's regulator accelerates nationwide system to protect victims of road accidents

Thailand's regulator accelerates nationwide system to protect victims of road accidents

Sarah Si | 26 Mar 2026

Past Articles

Sri Lanka's regulator signs MoU with police to address finance offences

Sri Lanka's regulator signs MoU with police to address finance offences

Taiwan: Regulator uses insurance industry as example in customer protection cases and corrections

Taiwan: Regulator uses insurance industry as example in customer protection cases and corrections

Australia: Financial complaints data dashboard launched

Australia: Financial complaints data dashboard launched

Hong Kong: IA aims to expand options amid rising medical costs

Hong Kong: IA aims to expand options amid rising medical costs

Vietnam: Sun Life raises funds to strengthen digital growth strategy

Vietnam: Sun Life raises funds to strengthen digital growth strategy

Sri Lanka moves toward national insurance information system, digital motor insurance cards

Sri Lanka moves toward national insurance information system, digital motor insurance cards

Three Hong Kong insurance brokers fined US$54,900 for AML breaches

Three Hong Kong insurance brokers fined US$54,900 for AML breaches

India: Insurers to implement IFRS-aligned accounting standards wef 1 April

India: Insurers to implement IFRS-aligned accounting standards wef 1 April

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