Following Mr Tomas Kunzmann's appointment to the Allianz SE Board of Management, Allianz Group has announced Mr Philipp Kroetz as the new CEO of Allianz Partners.
Fifteen property and casualty insurance companies operating in Beijing have established the Beijing Motorcycle Online Insurance Platform, which officially went live on 28 September, according to a statement by the Beijing Financial Regulatory Bureau.
Allianz Insurance Singapore has promoted Ms Ong Bi Ying to the role of CEO.
The Insurance Brokers Association of India (IBAI), the apex body of India's 798 licensed insurance brokers, has expressed serious concern over the consultation paper on 'Reforms for Recalibrating Economics of Insurance Distribution', released by the country's insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI) on 23 September 2026.
In an online meeting with the Thai General Insurance Association and other insurance companies, Thailand's regulator, the Office of Insurance Commission (OIC), stated its aim to monitor insured losses and prepare measures to assist policyholders affected by the floods.
The Department of Banking and Insurance at the University of Dhaka and Insurance News BD have signed a MOU to jointly conduct a comprehensive study on the country's insurance sector.
Preliminary data issued by the Financial Services Authority (FSA) show that insurance companies recorded around 21,700 road accidents during the second quarter of 2026, compared with around 18,900 accidents during the corresponding quarter in 2025, an increase of 14.8%. The accidents comprised 15,850 minor accidents, representing around 73% of the total, and 5,893 serious accidents, accounting for approximately 27%.
Income Insurance has announced that Mr Khoo Kah Siang will be taking over as its new CEO, effective 23 January 2027 and subject to regulatory approval.
The Financial Supervisory Service (FSS) has reported a 9.1% rise in insurance fraud, specifically in motor and long-term insurance, over the same period in 2025, reported the Chosunbiz.