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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, October 12, 2026

2025-07: South Korea Floods

File photo: Seocho-gu, Seoul, South Korea - August 6, 2020: Flood of Han River at Banpo Han River Park against high rise apartments
Motor insurance under pressure as flood losses surpass US$21m in flood-battered South Korea
July 24 2025
Over 3,000 claims have been made to non-life insurers as of Monday, 21 July.
Screenshot of Korea Meteorological Monitor as of 20 July 2025
South Korea’s non-life insurers and conglomerates aid flood-hit regions after 'once-in-a-century' storms
July 23 2025
President Lee Jae-Myung has declared six districts as special disaster zones due to the record-setting rains.
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.