Emerging risks | Growth Opportunities | APAC Insurance

Tuesday, October 27, 2026

South Korea moves to introduce state reinsurance scheme for natural catastrophes

The proposed legislative amendment aims to ensure risks arising in the disaster insurance market are distributed more equitably between insurers and the state.
Floodwater surrounds riverside trees beneath a cloudy sky, with a bridge and dense city skyline behind.
October 25, 2026

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3 min read
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.