Emerging risks | Growth Opportunities | APAC Insurance

Monday, July 28, 2025

Emerging risks | Growth opportunities | APAC insurance

Monday, 28 July 2025

Dedicated hubs

Life and Health

LifeandHealth_Menuwebp

Cyber_Menuwebp

MarineMenuwebp

EnergyMenuwebp

NatCatMenu

ReinsuranceMenu

Capital management

CapitalMenu

RegulationMenuwebp

Browse content

South Korean insurers pay ‘trash balloon’ claims despite war exclusions – report

Insurers are opting to cover motor damage, citing unusual circumstances and classifying North Korea's trash-filled balloons as "falling objects".

Editorial team

June 13, 2024

Stay ahead with precise, independent journalism of APAC's insurance markets.

Experience 7 days of full access to premium insights

Price:

Free for 7 Days

First Name:* First Name Required

Last Name:* Last Name Required

Email:* Invalid Email

Password:* Invalid Password

Password Confirmation:* Password Confirmation Doesn't Match

Password Strength

No val Please fix the errors above

Already a member?

Login here

Share this article

Read next

fierce-competition-drives-double-digit-insurance-rate-drops-across-pacific

Pacific commercial insurance rates continue to soften, with region seeing double-digit decline in Q2

July 25 2025

commercial-insurance-rates-in-asia-drop-5-in-q2-2025-amid-broad-based-declines-marshwebp

Commercial insurance rates in Asia fall 5% in Q2 2025 as competition intensifies: Marsh

July 24 2025

phdist

Philippine insurance market set for strong growth, but huge protection gap persists: GlobalData

July 24 2025

converging-market-forces-drive-change-in-australias-cyber-insurance-landscape

Converging market forces drive change in Australia’s cyber insurance landscape

July 23 2025

rural area

India life insurance growth rebounds on rural push, market reforms: GlobalData

July 22 2025

rising-premiums-persist-despite-cyclone-pool-reducing-costs-for-australias-high-risk-areas-accc

Rising premiums persist despite cyclone pool reducing costs for Australia's high-risk areas: ACCC

July 22 2025

global-catastrophes-drive-near-record-insurance-losses-worldwide-in-h1-2025

Global catastrophes drive near-record insurance losses worldwide in H1 2025

July 22 2025

australias-cyclone-reinsurance-pool-hit-99-coverage-by-sum-insured-but-count-of-risks-falls

Australia's life insurance industry to bounce back to positive growth in 2025: GlobalData

July 21 2025

personal-accident-surges-85-in-indias-gi-market-in-june

Personal accident surges 85% in India’s GI market in June

July 17 2025

_indonesias-takaful-sector-faces-tighter-capital-rules-as-market-share-dips-in-early-2025-fitch

Indonesia’s takaful sector faces pressure as competition, stricter capital rules loom: Fitch

July 15 2025