Hong Kong Insurance Premiums Jump 32% to HK$291.6bn in Q1 2026
Hong Kong insurance premiums jumped 32.3% to HK$291.6bn in Q1 2026, but the regulator has not republished its Mainland-visitor breakout since FY2024.
Region
APAC
IRDAI Approves Perpetual Registration and Salesperson Tagging
IRDAI has approved amendments introducing perpetual registration for insurance intermediaries and mandatory salesperson tagging on every policy.
Allianz Partners Buys nib’s Travel Insurance Brand in 20-Year Deal
Allianz Partners has agreed to acquire nib's Travel Insurance Direct brand and lock in a 20-year distribution deal across Australia and New Zealand.
Allianz to Pay $2.1 Billion for HSBC Life Singapore in 15-Year Deal
Allianz's HSBC Life Singapore acquisition pairs a $2.1 billion price tag with a 15-year bancassurance deal, its second Singapore bid since 2024.
Japan’s 2026 Governance Code Puts Insurer Cross-Shareholdings to the Test
Japan's 2026 governance code turns cross-shareholding reviews into a cost-of-capital test, exposing insurers whose reports still cite the 2021 rules.
Japan’s FSA Surveys 17 Institutions on Storm and Flood Risk Practices
Japan's storm and flood risk survey of 17 institutions arrives as insurers post stronger FY2025 results, testing whether profit funds better analytics.
New Zealand’s Climate Adaptation Bill Lands Without the Funding Insurers Want
New Zealand climate adaptation bill mandates 30-year council plans, but insurers warn flood cover keeps retreating without funding certainty.
AM Best Upgrades PICC Hong Kong to A on Inward Reinsurance Strength
AM Best's PICC Hong Kong upgrade to A reflects inward reinsurance growth, not direct-market scale, giving cedants headroom above HK's C-ROSS floor.
KKR Joins Consortium’s Bid to Take Steadfast Group Private
Steadfast acquisition moves: KKR joins Amwins and Dragoneer in a non-binding all-cash scheme bid to take the ASX broker private.
APRA Rewrites ECAI Recognition Guidelines to Cover Insurers Explicitly
APRA's ECAI recognition guidelines now explicitly name insurers, landing two days after its reinsurance framework overhaul was finalised on 7 July 2026.