Australia's Federal Court has ordered Hollard Insurance Partners (Hollard) to pay a A$2m ($1.4m) penalty after the insurer admitted to serious claim-handling failures that left a Victorian family living in appalling conditions, with their home ultimately deemed a total loss.
Thailand's National Disaster Insurance Policy, under the government's 'Disaster Insurance for the People Project' is facing its first test with flash floods in Lamphun Province and windstorms in Chiang Mai Province, that occurred on 5 October 2026 following heavy rainfall. Coverage for 30m households nationwide under the government initiative began on 1 October 2026.
The United Nations Development Programme (UNDP) and Generali Central, representing the Generali Group's general and life insurance businesses in India, have launched an Insurance Innovation Challenge to identify and scale solutions that strengthen the resilience of India's micro, small and medium-sized enterprises (MSMEs).
The Life Insurance Association of Malaysia (LIAM) has welcomed the government's plan to subsidise the first-year MediAsas premium by MYR200 ($49) per employee at eligible small and medium-sized enterprises (SME).
FWD Group will acquire a 25% stake in Bolttech Insurance (Hong Kong) for HK$161.62m ($20.72m).
Aon's 2027 Global Medical Trend Rates report, projects that medical costs in Asia Pacific will increase by 9.7% in 2027, compared with 11.3% in 2026.
Strengthening national leadership on housing delivery, land use planning and improving the resilience of existing housing stock at the point of repair, renovation or replacement have been identified as key practical priorities to protect Australians against the impacts of extreme weather, according to a new report by IAG.
Around 10,000 homes in four major cities of New Zealand could become difficult to insure in another decade ahead and this could make them ineligible for any mortgage or lending facilities, according to a new report released by New Zealand's Ministry for Cities, Environment, Regions and Transport (MCERT) and Statistics New Zealand.
The Supreme Court of India has directed the integration of four major databases that hold vehicle, driving licence, accident report and insurance databases within four weeks to improve cross-checking of claims by the insurers and others.
Singapore government has initiated the process to amend the Maritime and Port Authority of Singapore (MPA) Act 1996. The Maritime and Port Authority of Singapore (Amendment) Bill was introduced for First Reading in Parliament on 6 October 2026.