Traditional Korean medicine hospitals emerged as a key focus for regulators after the number of improper claims detected surpassed the full-year 2025 total within nine months.
The deal adds broker-distributed home and contents cover to Canopius' Australian business, which accounted for more than 40% of its Asia-Pacific book in late 2025.
As industry bodies warn that surging motor insurance fraud could result in higher premiums, consumer advocates are demanding stronger scrutiny of claims data.
Insurers see prediction markets as a source of data and a possible hedging tool rather than a rival, but regulation, settlement and data integrity remain obstacles in APAC.
