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This week in insurance: Zurich expands home cover, APAC embedded insurance surges, Vietnam reforms health insurance
NewsAugust 5, 20263 min read

This week in insurance: Zurich expands home cover, APAC embedded insurance surges, Vietnam reforms health insurance

Australia’s RE insurance market remains supportive but is becoming more selective. The insurance industry from 6 to 10 July saw new product launches and partnerships, alongside regulatory changes and market…

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Mox Bank launches annual travel cover for unlimited trips
NewsAugust 5, 20262 min read

Mox Bank launches annual travel cover for unlimited trips

Customers can purchase policies, manage coverage and file claims through the mobile app. Mox Bank has launched an annual travel insurance plan in Hong Kong in partnership with QBE Hongkong…

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One million Australians may face a private health tax penalty
NewsAugust 5, 20262 min read

One million Australians may face a private health tax penalty

An earner on A$200,000 without hospital cover could owe an additional A$3,000. Around one million Australians are expected to receive a surprise tax bill this year for failing to hold…

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Japan overhauls life insurer capital rules after 30 years
NewsAugust 5, 20262 min read

Japan overhauls life insurer capital rules after 30 years

The new framework measures financial strength using the Economic Solvency Ratio. Japan’s life insurance sector has undergone its most significant regulatory overhaul in 30 years, reflecting stricter, market-consistent risk sensitivity…

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Generali launches pension plan to close India savings gap
NewsAugust 5, 20262 min read

Generali launches pension plan to close India savings gap

Bonuses begin accruing from the first policy year under the new participating product. Generali Central Life Insurance unveiled a participating pension plan in India aimed at helping customers build retirement…

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Australian youths delay healthcare as costs bite
NewsAugust 5, 20262 min read

Australian youths delay healthcare as costs bite

Half of Millennials postponed healthcare appointments amidst rising expenses. Australian youths postpone healthcare and financial planning amidst rising costs, pushing them to rely on borrowing or taking on extra jobs.…

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South Korea’s insurance market could hit $290b by 2036
NewsAugust 5, 20262 min read

South Korea’s insurance market could hit $290b by 2036

Industry premiums were equal to 9.8% of gross domestic product in 2025. South Korea’s insurance market is expected to grow steadily over the next decade, with property and casualty insurance…

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Hong Kong IA tightens sales rules as misconduct scrutiny grows
NewsAugust 4, 20262 min read

Hong Kong IA tightens sales rules as misconduct scrutiny grows

Senior executives are now directly responsible for compliance throughout the sales process. Hong Kong’s Insurance Authority (IA) has introduced a series of regulatory updates and enforcement measures aimed at tightening…

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China Ping An Insurance’s leverage weakens its standing against peers: AM Best
NewsAugust 4, 20261 min read

China Ping An Insurance’s leverage weakens its standing against peers: AM Best

Better claims management helped improve underwriting margins from 2024. China Ping An Insurance (Hong Kong) Company Limited’s (CPAHK) capital position is expected to remain at that level over the short…

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Japan Post Insurance shifts life risks to SCOR vehicle with partnership
NewsAugust 4, 20261 min read

Japan Post Insurance shifts life risks to SCOR vehicle with partnership

The French reinsurer will establish a fund and operate the dedicated entity. Japan Post Insurance Co., Ltd. and French reinsurer SCOR SE have agreed to collaborate on managing life insurance…

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