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.
Startrader Financial Markets (Mauritius) has raised the aggregate limit of its client fund insurance, underwritten by Arch and other Lloyd's of London syndicates, from $1m to $30m, effective 1 October 2026.
The Turkish Catastrophe Insurance Pool (TCIP) has received 891,774 claims, related to 1,403 earthquakes, and made payments for 701,696 of the filed claims since its establishment.
Miller has appointed Mr Andrew Yarwood as a Senior Director in its marine team, and Ms Katie Murrell as Director of Sport, Entertainment, Corporate and A&H.
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%.
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.
Nepal has asked the UN Loss-and-Damage Fund for a financial compensation of $20m after the BhoteKoshi flash floods of 26 August 2026. However, this would be just around 0.5% of the total economic losses and physical damages due to the flash floods.
Taiwan's National Health Insurance (NHI) scheme may not require raising its premiums in 2027 if the minimum wage, salaries and government funding increase as expected according to NHI Committee.