Claims and losses

A magnifying glass highlights Taiwan on a map of East and Southeast Asia.

Taiwan agricultural insurance payouts estimated at NT$81.31m after Typhoon Champi

October 29 2026

Sugar apples accounted for nearly two-thirds of an estimated NT$81.31m in agricultural insurance payouts across 4,111 cases.

A damaged black Hyundai with its front taped up sits beside a CCTV-marked pole on a South Korean street.

South Korea revokes, suspends 29 insurance practitioners over fraud involvement

October 29 2026

The enforcement action comes as regulators step up efforts to combat fraud-linked losses, particularly in motor and medical insurance.

Hong Kong cityscape with high-rise buildings, roads, buses and a domed landmark.

Hong Kong GI direct premiums edge up 1.5% in Q2 as underwriting profit rises to HK$2.43bn

October 28 2026

Onshore underwriting profit rose nearly elevenfold from a low year-earlier base, led by pecuniary loss business, while offshore premiums grew 18.9% but underwriting turned negative.

A scooter rider navigates a flooded street in heavy rain in China.

China’s nat cat economic losses near US$30bn in first nine months of 2026

October 23 2026

Floods and typhoons generated nearly 90% of economic losses, with disaster impacts concentrated in Southwest, South and East China.

People gather to survey mud and debris covering a residential street.

APAC avoids major insured-loss event despite elevated catastrophe activity: Gallagher Re

October 21 2026

Gallagher Re warned that a potentially record-strength El Niño could reshape catastrophe risk patterns and loss activity across the region in 2027.

Nighttime city skyline with illuminated skyscrapers, a red cable-stayed bridge and reflections on the river.

China insurance premiums dip in Q2 as life decline outweighs non-life growth

October 20 2026

The quarterly fall follows three years of double-digit second-quarter growth.

Lush green rice fields stretch toward a rural horizon, with a narrow track and scattered trees.

Philippine crop insurer pays PHP26.9m in calamity claims to Pangasinan farmers

October 13 2026

Rice farmers accounted for most of the payouts, receiving over PHP25.5m (US$406,368).

Industrial building engulfed in thick black smoke and flames as red fire trucks respond.

Business interruption claims rise 30% annually as fire and nat cat drive losses – Allianz

October 9 2026

Concentrated production, supply chain risks, and reliance on third-party technology are increasing the severity of BI losses.

Floodwater covers a street in Chiang Mai, with cars, shops and apartment buildings beneath cloudy skies.

Thailand disaster insurance scheme faces first claims after northern floods

October 8 2026

The OIC is coordinating with 11 participating insurers to accelerate claims assessment and payments.

Indonesia allocates US$1.1bn to national health insurer BPJS Kesehatan to support claims payments

Indonesia to inject US$1.1bn into BPJS Kesehatan to support healthcare claims payments

September 30 2026

The funds will be disbursed in two IDR10trn (US$557m) instalments, as the insurer seeks to address a cash flow gap between contributions collected and healthcare service payments.

APAC cyber claims surge 233% as regulatory risks test insurance cover: Aon

APAC cyber claims up 233% as tougher regulation tests insurance limits: Aon

September 30 2026

Nearly half of the jurisdictions reviewed now impose revenue-linked cyber penalties, while mandatory breach-reporting requirements are in place across all but one market.

South Korea insurance fraud detections rise 9.1% in H1 as authorities target hospital-led schemes

South Korea insurance fraud value rises 9.1% in H1 as authorities target hospital-led schemes

September 29 2026

The regulator announced plans to fast-track the removal of insurance agents convicted of fraud as detected fraud losses climbed in H1 2026.

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