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Apr 2026

News


Asian

Australia: 2.7m Australians overlook health insurance premium rise notices

Millions of Australians with private health insurance are missing notices informing them that their premiums are set to increase.
 


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

Three licensed insurance brokers in Hong Kong have been hit with a HK$429,000 ($54,900) fine for failing to comply with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, according to a press release by Hong Kong’s insurance regulator on 4 March 2026.
 


India: New private reinsurer given green light

The Insurance Regulatory and Development Authority (IRDAI) has granted approval for Allianz Jio Reinsurance, which will now be the second private reinsurer in the Indian market.
 


Singapore: Marine insurance risk landscape is being reshaped

The marine insurance landscape is rapidly evolving in the wake of conflict in the Middle East.
 


South Korea: Insurers to invest US$5.6bn in National Growth Fund

South Korean insurers will invest a total of KRW8tn ($5.6bn) in the National Growth Fund over the next five years.
 


Werner Bugl, pioneering (re)insurance leader, has passed away

Ultimate Risk Solutions Member of the Executive Committee Werner Bugl has passed away.