Emerging risks | Growth Opportunities | APAC Insurance

Friday, September 19, 2025

Emerging risks | Growth opportunities | APAC insurance

Friday, 19 September 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

Singapore primary insurers see 30 rise in onshore claims as offshore profits climb in Q2

Singapore primary insurers see 30% rise in onshore claims as offshore profits climb in Q2

September 19 2025

cyber-insurance-faces-slow-growth-for-third-consecutive-year-due-to-stiff-market-competition-swiss-re

Global cyber insurance growth slows for third consecutive year amid stiff market competition: Swiss Re

September 19 2025

high-value-claims-hound-global-cyber-market-as-losses-surpass-us1m-axa-xl

High-value claims hound global cyber portfolios

September 15 2025

insurtech-insurancedekho-raises-further-us60m-in-series-b-funding

Global insurtech funding falls 16.7% in Q2 2025 as AI attracts one in four investment dollars: Gallagher Re

September 12 2025

multifold-impacts-from-tariffs-trade-barriers-dominate-iumi-discussions

Multifold impacts from tariffs, trade barriers dominate IUMI discussions

September 12 2025

marine-insurers-chart-new-opportunities-amidst-changing-tides-in-geopolitics-and-macroeconomics

IUMI 2025 wrap: Marine insurers chart new opportunities amidst changing tides in geopolitics and macroeconomics

September 12 2025

swiss-re-warns-asias-rapid-ageing-demands-urgent-insurance-industry-overhaul

Asia's rapid ageing represents a 'strategic imperative' for insurance industry change, says Swiss Re

September 11 2025

being-local-is-more-important-than-ever-says-markels-former-apac-head

Being local is more important than ever, says Markel’s former APAC head

September 11 2025

global-reinsurers-focus-on-recovery-over-rapid-expansion-as-market-faces-elevated-nat-cat-losses-howden-re

Global reinsurers should prioritise disciplined recovery and innovation over expansion: Howden Re

September 10 2025

iumi-2025-dark-fleet-continues-to-grow-amid-sanctions-and-tariff-pressures

IUMI 2025: dark fleet risks continue to grow amid sanctions and tariff pressures

September 10 2025