The partners say the policy is Australia's first pay-per-kilometre rideshare cover, pairing a fixed private-use premium with one linked to distance driven on Uber.
Markel APAC head Sucheng Chang aims to nearly double the regional book within five years, with recent expansion setting the pace and new opportunities in view.
Pricing new mobility risks requires rating factors built for the technology, not retrofitted from old variables, industry experts said at the Asian Actuarial Conference 2026.
The Chinese EV maker will cover repair costs and compensation for accidents under its God's Eye assisted-driving system, and has pledged that claims will not raise policyholders' premiums.
Robotaxis are giving commercial shape to APAC’s broader AV market, but insurers remain constrained by limited data, fragmented regulation, and unresolved liability questions.
The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities...
