Motor

Meritz Fire’s strong ROE, capital resilience underpin AM Best’s rating affirmation

November 25 2025

The insurer posted a 30.5% return on equity in 2024, driven by strong long-term insurance profits and high-yield investments.

ica-shift-technology-exl-collaborate-on-ai-driven-fraud-detection-platform

ICA to partner with Shift Technology, EXL on industry fraud detection platform

November 24 2025

The new platform will enable Australian insurers to share data and detect fraudulent claims in real time, with an initial focus on motor insurance.

NSW Government introduces legislation to ban 'claims farming' in CTP motor insurance

November 21 2025

The bill aims to address high-pressure tactics that involve targeting accident victims and selling their personal data.

korean-regulators-and-insurance-associations-sign-mou-to-tackle-rising-motor-insurance-fraud

Korean regulators and insurance association sign MOU to tackle rising motor insurance fraud

November 14 2025

The collaboration aims to share information and improve detection using traffic accident reconstruction programmes and CCTV footage analysis.

KB Insurance strengthens digital channel focus as AM Best affirms ratings

November 4 2025

The insurer’s effort to grow its online auto business comes as it maintains strong capitalisation and stable earnings in a soft domestic market.

chinas-non-life-insurers-face-regulatory-shift-as-it-maintains-stability-am-best

NFRA’s underwriting and solvency reforms bolster China’s non-life insurance stability: AM Best

November 3 2025

Losses in electric vehicle insurance also eased in 2025 as insurers adapted to higher claims costs with better pricing and claims controls, the ratings agency said.

Singapore general insurance market to exceed S$8.6bn by 2030: GlobalData

November 3 2025

Health, motor, and property lines will make up over 80% of premiums in 2025, driven by medical inflation and EV demand.

Japan's motor insurance market set for steady growth after three-year decline: GlobalData

October 31 2025

Premium rate increases and new risk-based pricing rules are helping insurers recover from natural disaster losses and years of declining premiums.

china-motor-insurance-market-set-to-hit-169bn-by-2030-amid-nev-surge-globaldata

China motor insurance market set to hit US$169bn by 2030 amid NEV surge: GlobalData

October 30 2025

Gross written premiums are projected to rise to 999.1 billion yuan (US$140.73bn) in 2026.

australias-household-premium-rises-to-nearly-23-index-shows

Australia's home insurance premium up 23%, index shows

October 22 2025

Compare the Market’s latest index also shows motor premiums rose nearly 18% over the past year.

RACQ apologises to members over mishaps in insurance renewal notices

October 22 2025

On 23 September, ASIC launched proceedings against RACQ regarding more than 570,000 misleading insurance renewal notices.

Monsoon losses drive US$23.25m in claims for Nepal’s non-life market: NIA

October 21 2025

Insurers in Nepal have received 704 claims linked to early October’s rainfall and landslides, according to the Nepal Insurance Authority.

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