Industry-wide insurance service results jumped 27% YoY, supported by claims stabilisation and fast premium growth across cyber, mortgage, marine, aviation, and consumer credit.
The insurer is targeting tailored risk solutions for India’s high-growth sectors, including pharmaceuticals, chemicals, technology, and infrastructure.
The breach exposed personal data from 33.7 million accounts, leaving Coupang facing potential compensation claims of trillions of KRW, far exceeding the insurance policy’s limit.
Soft pricing masks a more complex risk landscape as rising insolvencies, geopolitical volatility and emerging tech exposures reshape liability pressures for APAC directors.
Premiums are expected to grow across life and non-life segments as insurers navigate ageing demographics, inflation dynamics and intensifying industrial-policy trends.