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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, November 8, 2026

EV

korean-insurers-reviewing-ev-policies-and-premiums-amid-fire-incidents
Korean insurers reviewing EV policies and premiums: Report
August 26 2024
Korean insurers likely to raise rates, amid general EV growth and recent high-profile incidents.
carrot-acquires-exclusive-right-to-use-behaviour-based-insurance-in-south-korea
Carrot secures six-month exclusive rights for behaviour-based motor insurance in South Korea
August 5 2024
Carrot has gathered extensive driving data to support BBI model for motor insurance.
am-best-revises-hyundai-insurance-chinas-outlook-to-negative-amid-underwriting-risks-and-capital-erosion
AM Best downgrades Hyundai Insurance China's outlook due to underwriting risks and capital erosion
August 5 2024
Ratings affirmed, but negative outlook assigned with short to medium-term losses projected to erode capital.
tesla-registers-insurance-brokerage-firm-in-china
Tesla registers insurance brokerage in China
August 5 2024
Move signals Tesla's renewed efforts to sell insurance products directly to consumers in China.
zurich-becomes-preferred-ev-insurer-for-tesla-customers-in-australia
Zurich partners with Tesla as preferred EV insurance provider in Australia
July 29 2024
Zurich to deliver embedded solutions for Model 3 and Model Y customers through Tesla app.
zurich-malaysia-partners-with-gentari-to-support-growth-of-ev-infrastructure
Zurich Malaysia partners with Gentari to support EV growth
June 20 2024
Zurich teams up with clean energy solutions provider to expand EV charging infrastructure and offer value-added services for EV users.
swiss-re-echoes-for-closer-collaboration-between-insurers-and-ev-manufacturers
Swiss Re calls for closer insurer and EV manufacturer collaboration
June 1 2024
Swiss Re echoes calls for closer collaboration between insurers and manufacturers to address emerging risks and underwriting challenges amid continuing growth of global EV market.
australias-insurance-council-calls-for-ev-insurers-to-partner-with-fire-agencies-for-better-data
Australia’s Insurance Council calls for EV insurers to partner with fire agencies for better data
May 28 2024
Insurers urged to collaborate with fire agencies and governments to tackle EV battery fire risks and improve insurance models.
rising-vehicle-sales-and-ev-demand-to-drive-china-motor-insurance-growth-globaldata
Rising vehicle sales and EV demand to drive China motor insurance growth: GlobalData
May 17 2024
GlobalData expects market to reach US$158.9bn by 2028, but EVs and rise in road accidents will prompt motor insurers to reassess their risk exposure.
byds-insurance-arm-receives-green-light-to-offer-statutory-auto-liability-insurance
BYD Property Insurance receives green light to offer statutory auto liability insurance in China
May 7 2024
Latest development comes following EV manufacturer's acquisition of insolvent Yi'an Property Insurance in May 2023.
launch-of-australias-ev-centre-of-excellence-set-to-ease-pressure-on-combined-ratios-and-premiums
Australia's EV Centre of Excellence poised to help ease pressure on combined ratios and premiums
May 7 2024
New EV-learning facility will mitigate risk of minor accident write-offs, with Australia's government initiatives offering a blueprint for APAC.
koba-insurance-launches-australias-first-dedicated-ev-policy
KOBA Insurance launches Australia's first dedicated EV policy
May 3 2024
Pay-as-you-drive policy is initially for Tesla owners, but access to other brands will roll out in the 'near future'.
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