Fire

Hyundai Marine & Fire eyes cyber insurance expansion as part of Japan growth strategy

October 2 2026

The entrance into the cyber segment comes after the non-life insurer’s Japan branch reported premium income of JPY28.9bn (US$183.1m) in 2025, alongside continued expansion of its specialist workforce....

Thailand allocates THB4bn for flood relief as insurers prepare for rising claims

Thailand sets aside US$120m for flood relief as OIC moves to speed up claims

September 30 2026

Floods in 48 provinces, including Bangkok, could cost the economy THB25.35bn (US$754.8m), according to one estimate.

Japan direct GI premiums rise 4.6% in Q1 FY2026 as motor, fire, misc expand

Japan direct GI premiums rise 4.6% in Q1 FY2026 as motor, fire lines expand

September 4 2026

Direct premiums reached JPY2.87 trillion (US$17.98bn) in the April-June quarter, while claims paid increased at a slower rate of 2.3%.

Row of four red metal buckets labeled FIRE hanging from a wooden beam outdoors with a rural field in the background.

IRDAI warns insurers over deep discounting in fire insurance line

July 24 2026

The regulator flagged steep discounting in the fire market after industry premiums dropped 27.8% year-on-year.

go-digit-board-oks-merger-with-holding-company

Go Digit's Q1 combined ratio rises to 107.2% amid commercial lines deterioration

July 24 2026

Claims costs increased across motor, health, engineering and fire portfolios in Q1.

Two firefighters in full turnout gear with red helmets and breathing apparatus walk near a fire engine.

Fire at South Korea's Coupang logistics hub raises liability questions — Report

July 22 2026

A reported KRW380bn (approx. US$257m) property policy covering Coupang's Incheon logistics centre is under scrutiny as investigators work to determine liability for the fire.

ICICI Lombard health insurance webpage with 0% GST offer and scooter icon.

ICICI Lombard's combined ratio worsens to 107.2% on fire losses, motor TP reserve hit in Q1

July 16 2026

A higher combined ratio and weaker investment income contributed to a 46% decline in quarterly profit.

Traditional Japanese street lined with dark wooden shops, hanging signboards, and warm lanterns, with mountains in the background

Japan general insurers' underwriting performance improves as fire claims fall in FY2025

July 13 2026

Fire insurance led Japan's non-life market improvement in FY2025, as claims fell sharply despite continued premium growth across major commercial lines.

India's GI premiums grow 9% in May as fire weakness persists

June 25 2026

A fifth straight decline in fire premiums was offset by growth in health and motor, alongside sharp gains in aviation, marine and personal accident.

Firefighter in full turnout gear and helmet standing beside a red fire truck with a hose connected to the pump.

New Zealand to review Fire and Emergency insurance levy funding model

June 17 2026

ICNZ welcomed the move, saying it was a chance to reassess whether insurance levies remain the right way to fund the emergency services.

Family meal at a bright kitchen table: a woman in a hijab serves food to two children and a man as they eat together; plates and drinks on the table.

Malaysia’s takaful growth driven by general business as family segment slows in 2025

June 12 2026

Gross contributions rose 4.7% in 2025, with motor and fire lines driving double-digit growth in general takaful.

Hyundai Marine & Fire Insurance targets Southeast Asia, Europe in overseas expansion drive — Report

May 29 2026

The Korean insurer is looking to expand beyond its home and established international markets, like Japan and China.

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