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The new product offers cover for drone damage, third-party liability and operator liability, with annual premiums starting from 395 yuan (US$57.5).
The floods prompted the Insurance Council of Australia to declare Significant Events for Northern Territory and Queensland on 12 March.
The financial watchdog has also asked non-life (re)insurers if they have adequate war-risk reinsurance for marine coverage near the Strait of Hormuz.
Marking its 60th anniversary this year, the company reported its most recent cumulative insured business exceeding HK$2.45 trillion (US$313bn), encompassing...