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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, August 3, 2026

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Space

south-korea-explores-strengthening-space-insurance-capacity-for-commercial-launches
South Korea explores strengthening of space insurance capacity for commercial launches
May 28 2026
The space agency's review found that domestic insurers currently lack sufficient capacity to underwrite large and complex space risks, leading to heavy dependence on international reinsurance markets.
chinas-space-insurance-consortium-writes-us1-5bn-in-cover-in-first-year
China’s space insurance consortium writes US$1.5bn in cover in first year
May 11 2026
Since its launch in March 2025, the Beijing commercial space co-insurance consortium has also reduced its average inquiry and underwriting time by 20%.
darshan-parikh-acii-moves-to-lockton-as-senior-director-to-the-corporate-solutions-for-india
Darshan Parikh moves to Lockton as Senior Director for Corporate Solutions, India
August 12 2025
Parikh brings over 15 years of experience across aviation, marine, and space practices.
lockton-launches-global-space-practice
Lockton launches global space practice
July 3 2024
Lockton launches global space practice, also covering Asia Pacific, which offers traditional and 'new space' programme insurance.
tata-aig-launches-indias-first-satellite-in-orbit-liability-policy
Tata AIG launches India's first satellite in-orbit third-party liability policy
May 14 2024
New policy offers coverage for third-party bodily injury and property damage amid India's ambitious space market growth targets.
mitsui-sumitomo-insurance-developing-space-tourism-coverage-report
Mitsui Sumitomo Insurance developing space tourism coverage: report
December 19 2023
Japanese insurer working with partners to target growing suborbital flights industry.
The international space station is seen from space.
Tokio Marine & Nichido eyes further space opportunities with Series B investment in Sierra Space
September 27 2023
Move follows April announcement of the Japanese P&C insurer's alliance with Axelspace to develop insurance for microsatellites.
Photo of satellite in space orbiting earth. Tokio Marine and Axelspace logos in the top left corner.
Tokio Marine eyes space insurance for microsatellites
April 19 2023
TMNF will also use optical satellite imagery to develop products that support disaster response and recovery initiatives
The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.