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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, July 27, 2026

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2024 - Noto Peninsula Earthquake
GIAJ: Noto Peninsula Earthquake claims rise to ¥90.9bn (US$578.02m)
June 13 2024
Approx. 145k of 150k residential claims have been investigated, with 69% of claims paid.
nippon-life-reports-34-9-premium-growth-in-fy23-amid-mixed-results-for-japanese-life-insurers
Nippon Life leads premium growth as Japanese life insurers rebound in FY23
June 13 2024
CreditSights report reveals mixed premium results, including some declines, but Japan's life industry sees profits rebound thanks to lower COVID-19 claims and better investment conditions.
ishang-and-psc-insurance-partner-to-develop-web3-proof-of-coverage-insurance-product-in-hong-kong
iSHANG and PSC Insurance partner to develop Web3 "Proof of coverage" insurance product in Hong Kong
June 13 2024
The solution will use smart contracts in a bid to enhance transparency, improve security, and streamline the claims process.
apra-finalises-guidance-for-upcoming-op-risk-standard-cps-230
APRA finalises guidance for upcoming op risk standard, CPS 230
June 13 2024
Regulator releases final cross-industry guidance to aid in the implementation of CPS 230, which will take effect from 1 July 2025.
prudential-appoints-grace-park-as-chief-data-analytics-amp-ai-officer
Prudential appoints Grace Park as Chief Data, Analytics & AI Officer
June 13 2024
Park joins from Manulife to oversee Prudential's use of data and AI across Prudential's business.
south-korean-motor-insurers-pay-claims-from-trash-balloons-despite-war-exclusions-report
South Korean insurers pay 'trash balloon' claims despite war exclusions - report
June 13 2024
Insurers are opting to cover motor damage, citing unusual circumstances and classifying North Korea's trash-filled balloons as "falling objects".
mas-and-bis-develop-blueprint-for-climate-risk-platform
MAS and BIS develop blueprint for climate risk platform
June 13 2024
Project Viridis aims to merge regulatory and climate data from corporate disclosures to help financial authorities manage climate risks.
parametric-heatwave-microinsurance-triggers-in-india-providing-relief-for-nearly-50000-women
Parametric heatwave microinsurance triggers in India, providing relief for nearly 50,000 women
June 13 2024
The parametric product, underwritten by Swiss Re and provided locally by ICICI Lombard, was triggered by 40°C heatwaves in May, paying out to 46,242 low-income women in India.
NatCat - 2023 Australias Christmas Storms
Australia's Christmas Storms top AU$1.2bn in industry losses: ICA
June 12 2024
Christmas storms have led to over 97,000 claims with half now finalised, according to the Council's latest update.
accuro-health-insurance-ratings-withdrawn-by-am-best-after-company-exits-insurance-market
Accuro Health Insurance ratings withdrawn by AM Best after company exits insurance market
June 12 2024
Ratings of New Zealand health insurer withdrawn after completion of portfolio transfer to UniMed.
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