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South Korean police raid Jaseng Hospital over alleged insurance fraud

South Korean police raid Jaseng Hospital over alleged insurance fraud

South Korean police have raided the Jaseng Hospital of Korean Medicine and its affiliated medical foundation over an alleged insurance fraud scheme.

Jake Nathanoel Dellosa | 10 Jul 2026

Hong Kong: Regulator authorises two captive insurers in wake of successful development strategy

Hong Kong: Regulator authorises two captive insurers in wake of successful development strategy

Hong Kong's Insurance Authority (IA) has granted new authorisations to HSH Captive Limited, set up by The Hongkong and Shanghai Hotels, and SF Captive Limited, set up by S.F. Holding.

Sarah Si | 09 Jul 2026

Malaysia: Government-designed MediAsas to be launched by private insurers

Malaysia: Government-designed MediAsas to be launched by private insurers

The Malaysian government has designed a base medical and health insurance/takaful (MHIT) product, that will be offered by private insurance and takaful operators (ITOs).

Jimmy John | 08 Jul 2026

South Korea: Unclaimed insurance money to be returned to beneficiaries

South Korea: Unclaimed insurance money to be returned to beneficiaries

The Financial Services Commission and the insurance industry have taken a decision to return over KRW10tn ($6.5bn) in hidden insurance benefits to policyholders or beneficiaries this year, reported the Chosun Daily.

Jimmy John | 08 Jul 2026

New Zealand: FMA sets out regulatory priorities for coming year

New Zealand: FMA sets out regulatory priorities for coming year

Sarah Si | 02 Jul 2026

Australia: APRA publishes findings of inaugural System Risk Stress Test

Australia: APRA publishes findings of inaugural System Risk Stress Test

Jimmy John | 01 Jul 2026

China: Government clears 557 drugs for insurance list

China: Government clears 557 drugs for insurance list

Jimmy John | 01 Jul 2026

Insurance Council of Australia launches consultation on revised General Insurance Code

Insurance Council of Australia launches consultation on revised General Insurance Code

Jake Nathanoel Dellosa | 26 Jun 2026

Past Articles

South Korea: Government to fund high-payout liability insurance for medical personnel

South Korea: Government to fund high-payout liability insurance for medical personnel

Indonesia: LPS moves to launch insurance policy guarantee framework by 2027

Indonesia: LPS moves to launch insurance policy guarantee framework by 2027

South Korea: Regulator asks insurers to give customers advance notice of changes to claim standards

South Korea: Regulator asks insurers to give customers advance notice of changes to claim standards

India: Regulator constitutes working group on AI governance in the insurance sector

India: Regulator constitutes working group on AI governance in the insurance sector

Insurance Commission orders faster claims settlement after Mindanao earthquake

Insurance Commission orders faster claims settlement after Mindanao earthquake

ICNZ backs review of Fire and Emergency New Zealand funding model

ICNZ backs review of Fire and Emergency New Zealand funding model

Australia: APRA looks to ready member entities for geopolitical shocks

Australia: APRA looks to ready member entities for geopolitical shocks

New Zealand: Insurer short-term sales campaigns run the risk of unfair treatment if not carefully managed

New Zealand: Insurer short-term sales campaigns run the risk of unfair treatment if not carefully managed

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