Korean insurers are expected to recalibrate their capital strategies to focus on accumulating sustainable core capital in the wake of an announcement by the Financial Services Commission and Financial Supervisory Service about new capital ratio requirements that are to be implemented on 1 January 2027. Otherwise, the insurers may face binding constraints and regulatory intervention.
Korea's Financial Services Commission and Financial Supervisory Service have announced that, starting 1 January 2027, the core capital K-ICS ratio will be mandatory for all insurers under the Korea Insurance Capital Standards (K-ICS).
Twenty-three insurance companies issued a total of 27 capital replenishment bonds and perpetual bonds in 2025, raising an aggregate amount of CNY104.2bn ($14.9bn), according to data from financial information services provider Wind.
Business interruption is the biggest worry for companies in Asia Pacific in 2026, according to the latest edition of the Allianz Risk Barometer. The past year has also been a significant one for accelerated adoption of AI, which is reflected in its ranking as the biggest riser in the annual survey at #2. Changes in legislation and regulation, and market developments are also significant risks, ranking #3 and #4 respectively.
Sustained use of GLP-1 therapies (a class of medications used to manage Type-2 diabetes) can significantly reduce medical cost growth over the long term for employers and improve workforce health outcomes, according to the latest report by Aon.
Sedgwick, the world's leading risk and claims administration partner, has published its 2026 forecasting report.
The continued increase in road fatalities in Australia underlines the need for the Commonwealth to assume a leadership role by conducting no-blame investigations into the underlying causes of the nation's worsening road safety crisis, according to Mr Michael Bradley, Managing Director of the Australian Automobile Association (AAA).
The Policyholders Compensation Fund (PCF) has hiked the maximum amount payable to policyholders as compensation on any one claim, for all classes of insurance, to KES500,000 ($3,870), in the event of an insurance company falling bankrupt.
Doga Sigorta, one of the leading companies in the Turkish insurance sector, has entered 2026, fortified by a capital increase of TRY530m ($12.3m) effected in December 2025 in line with its growth targets.
Malaysia's insurance and takaful sector faces rising long-term risk from climate change, but analysts are of the view that the outlook remains positive according to a new sectoral report.