News Risk Management

New Zealand: Bank to pay a penalty of US$1.26m for breaches in its insurance services

The Auckland High Court in New Zealand has imposed a final penalty of NZ$2.1m ($1.26m) on ASB Bank for fair-dealing breaches relating to its insurance and banking services.

Anoop Khanna | 16 Mar 2026

ACE New Zealand signs multi-year partnership with Gallagher

ACE New Zealand has announced a new multi-year partnership with Gallagher, which is geared towards supporting New Zealand's consulting and engineering community with insurance, risk management and employee benefit.

Sarah Si | 26 Feb 2026

Taiwan: Regulator says caution should be the watchword for investment-oriented insurance products

Taiwan's Financial Supervisory Commission (FSC) has warned that the public needs to exercise caution when purchasing investment-oriented insurance products. The regulator said that it is necessary that policyholders assume the investment risks...

Anoop Khanna | 23 Feb 2026

Japan: Cyber and supply chain risks top concerns of Japanese businesses

Persistent cyber threats, supply chain disruptions and weather and natural disasters are the top three risks for Japanese businesses, according to Aon 's 2025 Global Risk Management survey.

Anoop Khanna | 19 Feb 2026

South Korea: FSS suspends 10 insurance planners for illegal premium payments

Reva Ganesan | 17 Feb 2026

Indonesia: OJK places six insurers and seven pension funds under special supervision

Reva Ganesan | 10 Feb 2026

Asia: 7 in 10 businesses to accelerate climate transition efforts in next 3 years

AIR team | 05 Feb 2026

Global: SCOR and AXA join forces to launch Lloyd's Consortium for ecological restoration insurance

Anoop Khanna | 21 Jan 2026

Past Articles

Global warming likely to reach 2°C before 2050, a level associated with catastrophic impacts

19 Jan 2026

Business interruption and AI are top risks in Asia Pacific

15 Jan 2026

Australia: Average household will contain 33 lithium-ion powered devices in 2026

07 Jan 2026

Asia: Focused ILS vehicle exceeds US$100m milestone as insurer signals further expansion

07 Jan 2026

Thailand: Regulator emphasises risk management

18 Dec 2025

Vietnam: Nat CATs in 2025 have so far claimed 409 lives and caused estimated economic loss exceeding $3.2bn

01 Dec 2025

Australia: Insurance Council of Australia to launch insurance fraud detection platform

26 Nov 2025

New Zealand: Most New Zealanders feel Nat CATs have an impact on insurance premiums

24 Nov 2025

More »

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