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Jun 2026

News


Asian

China: Chinese insurers to reinsure Russian LNG supplies to China

Russia’s Central Bank has instructed Russian insurers to reinsure risks related to liquefied natural gas (LNG) supplies to China with Chinese insurers, reported the Odessa Journal.
 
 


Japan: General Insurance Association of Japan updates compliance guide amid regulatory changes

The General Insurance Association of Japan (GIAJ) has revised its “Compliance Guide for Solicitation” amid recent regulatory changes in the country surrounding insurance solicitation and sales practices.
 


New Zealand: Financial and insurance services are among those facing the weakest competitive pressure

Financial, insurance, electricity, gas, water and waste management services are among the industries facing the weakest competitive pressure in New Zealand, according to the first State of Competition report released by Commerce Commission of New Zealand.
 


Singapore: Life insurers record highest first-quarter payouts since 2021

Life Insurance Association Singapore (LIA Singapore) said Singapore’s life insurance industry disbursed S$5.08bn ($3.8bn) in claims and maturity benefits during the first quarter of 2026, the largest first-quarter payout recorded since 2021.
 


Vietnam: National health insurance coverage will be expanded

Vietnam will expand its national health insurance coverage, including preventive care and check-ups and ensure more effective and enhanced healthcare for all Vietnamese. Vietnam is working on a plan to achieve the goal of universal coverage by 2030.