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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, November 7, 2026

Motor

indian-regulator-introduces-new-general-insurance-reforms
Indian regulator introduces general insurance reforms
June 12 2024
Stricter claim rejections, flexible policy durations, and 'pay as you drive' motor options outlined in new master circular from the IRDAI.
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.
india-faces-growing-backlog-of-1m-motor-insurance-claims-valued-at-nearly-us10bn
India faces growing backlog of 1m motor insurance claims valued at nearly US$10bn
May 28 2024
RTI query uncovers over 1 million pending motor accident claims worth 805bn rupees (US$9.68bn).
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.
KansaiAprilHail
GIAJ reports US$214m in insurance payouts for Hyogo April hail event
May 27 2024
Association reports swift response from industry with an estimated 99.7% of 92,424 claims already settled.
major-japanese-insurers-admit-to-sharing-customer-data-report
Major Japanese insurers admit to sharing motor customer data - report
May 24 2024
Insurers admit to sharing of policy information, marking the latest in a series of industry compliance issues in Japan over the last year.
2024 - NSW Severe April Storms
NSW's severe April storms cause AU$176m in insured damages
May 17 2024
95% of AU$176m (US$117m) in damages related to property, with insurers having paid out AU$10m so far, the ICA reports.
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.
property-and-motor-to-fuel-growth-in-malaysian-gi-segment-globaldata
Property and motor to fuel growth in Malaysian GI segment: GlobalData
May 14 2024
An increase in vehicle sales, accidents, and claims has led insurers to reassess risk exposure.
indian-regulator-mandates-insurers-to-expand-coverage-in-rural-and-undeserved-areas
Indian regulator mandates insurers meet rural and social sector quotas
May 13 2024
Circular mandates life, general, and health insurers fulfill rural and social sector quotas.
racq-considering-sale-of-insurance-division-report
Queensland's RACQ considering sale of insurance division - report
May 9 2024
Insurer reportedly re-engages Bank of America for sales process following an unsuccessful sale attempt to IAG in 2022/23.
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.
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