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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, August 24, 2026

Fraud

south-korea-identifies-krw1-15-trillion-in-insurance-fraud-cases-in-2024
South Korea identifies US$790m in insurance fraud cases in 2024
March 11 2025
The FSS plans stricter oversight, awareness campaigns, and collaboration with authorities to combat evolving fraud schemes.
koreas-fss-uncovers-broker-led-insurance-fraud-ring
Korean regulator unearths broker-led insurance fraud ring
May 30 2024
Korean regulator and police uncover a 2.1bn won (US$1.5m) fraud operation involving brokers, hospitals, and fake patients.
ica-appoints-andrew-gill-to-lead-new-counter-fraud-and-scams-function
ICA appoints Andrew Gill to lead new counter fraud and scams function
May 21 2024
ICA launches new counter fraud function aiming to tackle undetected fraud which is estimated to cost the insurance industry around AU$400m a year.
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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.