Insurtech and telco partner to offer embedded device protection, while exploring opportunities to collaborate on home appliances, health electronics, and cyber asset protection.
From hardening rates in cat-exposed regions to softening financial lines, Q4 market report paints a complex picture of growth, challenges, and shifting dynamics in APAC.
Four leading non-life insurers collect 1.04 trillion won (US$793m) in overseas premiums, but mere 1.2% of total premiums, highlights potential for further expansion.