HSBC Deal Shake-Up: HSBC agreed to sell its Singapore life and insurance business to Allianz for S$2.7bn (about £1.6bn), with a 15-year distribution deal so HSBC can keep selling insurance there; the bank expects a pre-tax gain of about $1.8bn and an upfront cash payment. Marine Risk Costs: War-risk premiums for Red Sea and West Asia shipping jumped sharply—up to 200% and in some cases far higher—as rerouting and insurer reassessments raise freight and insurance bills. UAE Worker Protection Insurance: The UAE now requires employers to secure worker insurance before work permits, with coverage aimed at unpaid wages and end-of-service benefits if employers fail. India Identity for Insurance: India’s CKYC 2.0 common customer ID is set for August for banks and insurers, letting firms pull verified data from a central registry with customer consent to speed onboarding and reduce fraud. UK Enforcement Spotlight: West Yorkshire Police seized an uninsured car in Bradford even after a family tried to buy a £40 temporary policy, and the driver was reported to court. Fraud Update (Japan): Prudential Life’s employee fraud scandal widened again, adding more victims and yen losses as compensation reviews continue. Health Costs in France: France is considering doubling out-of-pocket caps for medicines and appointments to €200 to ease Social Security debt pressure.