Robotaxis are giving commercial shape to APAC’s broader AV market, but insurers remain constrained by limited data, fragmented regulation, and unresolved liability questions.
Japan’s loss-free property cat programmes fell 15% to 17.5% risk-adjusted, with double-digit declines reported in India, the Philippines, and South Korea.
AM Best cited Sompo Japan’s increased overseas revenue and profit share following the Aspen deal, while highlighting integration and risk management as key areas to watch.
The proposals would require agencies to set clearer standards for recommendations, give customers fuller explanations and strengthen internal oversight.
