Motor

File photo: Seocho-gu, Seoul, South Korea - August 6, 2020: Flood of Han River at Banpo Han River Park against high rise apartments

Motor insurance under pressure as flood losses surpass US$21m in flood-battered South Korea

July 24 2025

Over 3,000 claims have been made to non-life insurers as of Monday, 21 July.

Screenshot of Korea Meteorological Monitor as of 20 July 2025

South Korea’s non-life insurers and conglomerates aid flood-hit regions after 'once-in-a-century' storms

July 23 2025

President Lee Jae-Myung has declared six districts as special disaster zones due to the record-setting rains.

Saurav Jaiswal appointed CEO of Kiwi General Insurance

Indian startup Kiwi General Insurance taps Saurav Jaiswal as Co-founder and CEO

July 22 2025

Jaiswal brings extensive experience to new insurer, including most recently as President and COO of Tata AIG General Insurance.

accc-delays-decision-on-iags-proposed-rac-underwriting-takeover

ACCC delays decision on IAG’s proposed takeover of RAC underwriting operations

July 21 2025

The competition watchdog has set 2 October as the new provisional release date for its findings.

Zurich Kotak launches EV protect as Tesla enters Indian market

July 17 2025

The policy includes protection for EV batteries, motors, and home charging units.

Zurich Malaysia launches AI-powered virtual assistant to support agents

July 16 2025

Buddy provides agents with real-time assistance on policy enquiries, claims processes, and product details directly through WhatsApp.

economic-loss-from-typhoon-danas-expected-to-be-in-the-hundreds-of-millions-of-us-aon

Aon estimates economic losses from Typhoon Danas in the lower hundreds of millions

July 11 2025

Typhoon caused deaths, injuries, and widespread damage in Taiwan and China, with insured losses expected across agriculture, infrastructure, and motor lines.

thai-general-insurance-sees-up-to-294bn-baht-premium-growth-amid-earthquake-recovery-trade-woes

Sector will adapt to volatility amid emerging nat cat and cyber risks, says Thai General Insurance Association

July 4 2025

The association is expecting the industry to book modest growth this year.

tasmanians-liberals-pledge-to-create-tasinsure-to-cut-insurance-costs

Tasmanian Liberals pledge to create state-owned insurer to cut insurance costs

July 3 2025

The political party has pledged to set up TasInsure to offer home, contents, small business, and event cover, if re-elected at the 19 July state poll.

suncorp-adopts-multi-year-structured-reinsurance-layer-with-profit-share-loss-cap

Suncorp trims reinsurance tower, maintains core structure after strategic review

July 2 2025

New structure aims to reduce earnings volatility and improve capital efficiency following a strategic review.

Cyber premiums crash in Australia as motor claims continue to soar

June 30 2025

Cyber insurance premiums plunged nearly 60% in Q1, while professional indemnity showed signs of recovery.

fitch-raises-outlook-on-asuransi-sinar-mas-despite-flat-underwriting

Fitch upgrades Asuransi Sinar Mas outlook to positive on stronger capital base

June 24 2025

Indonesian insurer's combined ratio rose in 2024, but Fitch cited strong capital buffers and business expansion as reasons for the outlook upgrade.

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