The Chinese insurance industry is looking out for the next moves of regulators relating to cross-border financial transactions after eight government agencies jointly issued the "Implementation Plan for Comprehensive Rectification of Illegal Cross-border Securities, Futures and Fund Operations".
Most life insurers have not given up on the agency channel and are still making efforts to move forward with it, despite the upheaval in the channel that has seen the number of agents plunge from 9.1m in mid-July 2019 to around 2.2m at the end of March 2026.
The Philippines' finance chief is being sued over the alleged diversion of funds from the country's state insurance institutions to the national treasury. The charges were filed by health reform advocate and former adviser to the Department of Health, Dr Tony Leachon. He filed plunder and technical malversation cases before the Office of the Ombudsman against Finance Secretary Ralph Recto over the PHP60bn ($1bn) diversion of funds from PhilHealth reserve funds and PHP107bn from the Philippine Deposit Insurance Corporation (PDIC).
Japan's Prudential Life Insurance has earmarked millions of dollars to compensate customers affected by employee misconduct.
Australia's superannuation system continued to expand in the March 2026 reporting period, with total assets rising to A$4.44tn ($2.93tn), according to the latest figures released by the Australian Prudential Regulation Authority (APRA). The figures represent a 7.9% year-on-year increase.
The biggest costs of mental illness often sit outside formal protection systems, according to "The Value of Mental Health" report by Zurich Insurance Group (Zurich).
Insurance companies in South Korea generated KRW4.48tn ($3bn) in net income for the first quarter of 2026, up by KRW389.6bn or 9.5% from the corresponding quarter a year earlier, according to preliminary data released by the Financial Supervisory Service (FSS).
Techcom Life, an 80% subsidiary of Techcombank, has entered the ranks of the Top Five life insurers in Vietnam in the first four months of this year in terms of new business premiums.
The Life Insurance Corporation of India (LIC) will launch two new life insurance policies in June - the New Jeevan Sathi Single Premium and New Jeevan Sathi Limited Premium.
As it continues the liquidation process, The Philippines' insurance regulator, the Insurance Commission, has revealed that Danvil has paid out over PHP1.62bn ($26.31m) in claims.