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Emerging risks | Growth Opportunities | APAC Insurance

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Thursday, July 30, 2026

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australia-battered-by-severe-christmas-storms
Australia battered by severe Christmas Storms
December 27 2023
QLD, NSW and VIC hit by flash floods, hailstorms, and strong winds as ICA declares 'Significant Event'.
south-korean-motor-insurance-market-anticipated-to-exceed-us19bn-by-2028
South Korean motor insurance market anticipated to exceed US$19bn by 2028
December 22 2023
GlobalData says rising quantity and value of vehicle sales will outperform shift to digital and more competitive pricing environment.
insurance-council-of-australia-declares-tropical-cyclone-jasper-a-significant-event
Cyclone Jasper: Over 3,800 claims lodged as ICA upgrades event to 'Insurance catastrophe'
December 21 2023
The ICA has classified ex-tropical Cyclone Jasper as an Insurance Catastrophe to fast-track support for thousands in Far North Queensland, with assessors and claims specialists already deployed.
globaldata-chinas-gi-industry-on-track-for-us361bn-of-gwp-by-2028
Motor will continue to drive China's GI industry to US$361bn GWP in 2028
December 21 2023
GlobalData predicts 7.4% CAGR over five years for China's general insurance market, driven by economic recovery and regulatory reforms.
hong-kong-insurance-complaints-fall-10-in-first-nine-months-of-2023
Hong Kong insurance complaints fall 10% in first nine months of 2023
December 21 2023
Insurance Authority data shows a 10% decrease in overall complaints for the first nine months of 2023, though there was a slight increase in conduct-related cases.
axa-xl-appoints-sumner-as-chief-claims-officer-and-louis-as-coo-for-apac-and-europe-regions
AXA XL appoints Sumner as Chief Claims Officer and Louis as COO for APAC and Europe regions
December 21 2023
Julijana Sumner (pictured left) and Sandhya Louis (pictured right) have both been with AXA XL since 2012.
economic-recovery-and-demographic-shifts-to-fuel-australias-life-industry-to-pre-pandemic-levels
Economic recovery and demographic shifts to fuel Australia's life industry to pre-pandemic levels
December 20 2023
GlobalData projects segment to grow to AU$44.7bn (US$30.4bn) by 2028.
iaic-releases-chinas-first-esg-disclosure-guidelines-for-insurers
IAIC releases China's first ESG disclosure guidelines for insurers
December 20 2023
Insurance Association of China introduces guidelines to improve transparency in line with country's broader ESG goals.
japan-ftc-continues-price-fixing-investigation-of-four-major-insurers-with-on-site-inspections
Japan FTC conducts on-site inspections of major insurers in ongoing price-fixing probe
December 20 2023
Tokio Marine, Sompo, Mitsui Sumitomo, and Aioi Nissay Dowa confirm inspections and are cooperating with the Japan Fair Trade Commission
am-best-maintains-stable-outlook-for-malaysias-non-life-market-amid-ongoing-economic-recovery
Stable outlook for Malaysia’s non-life market amid increased motor and property competition
December 19 2023
AM Best maintains stable outlook with improving economic conditions and low insurance penetration balancing nat cat and hard market conditions.
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