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Emerging risks | Growth Opportunities | APAC Insurance

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Thursday, September 24, 2026

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tech-and-product-innovation-fuels-private-insurers-rise-in-indian-motor-segment-globaldata
Tech and product innovation fueling private insurers' rise in Indian motor segment
April 8 2024
India's motor insurance landscape seeing dynamic shift, says GlobalData.
allianz-partners-because-first-foreign-reinsurer-to-set-up-operations-in-indias-gift-city
Allianz Partners becomes first foreign reinsurer to operate in India's GIFT City
April 5 2024
Establishment of reinsurance branch in GIFT City aligns with the IRDAI's efforts to increase reinsurance capacity in the country.
iag-pays-au37m-in-worker-back-pay-due-to-inadequate-systems
IAG pays AU$37m in worker back-pay due to inadequate systems
April 5 2024
Insurer self-reported non-compliance and pays over AU$21m (US$13.83m) for federal wages and entitlements, while settling AU$16.2m for state and territory long service leave entitlements.
HualienEarthquake
Taiwan earthquake: insurers brace for BI claims with tech operations disrupted
April 4 2024
Moody's predicts minor economic impact, while AM Best says ''significant amount' of any insurance losses could come from business interruption.
perils-second-industry-loss-estimate-for-australias-christmas-storms-rises-to-aud1-547bn
PERILS second industry loss estimate for Australia's Christmas Storms rises to AUD1.547bn
April 3 2024
AU$1.547bn (US$1bn) figure is an increase from PERILS's initial AU$1.395bn loss estimate, reported on Feb 14.
msad-secures-us200m-for-tomoni-re-2024-catastrophe-bond-issuance
MS&AD secures US$200m for Tomoni Re 2024 catastrophe bond issuance in Singapore
April 2 2024
Two tranches provide subsidiaries Mitsui Sumitomo and Aioi Nissay Dowa with US$100M each of nat cat coverage.
indonesian-insurtech-pasarpolis-reports-250-gwp-increase-for-2023
Indonesian insurtech PasarPolis reports 250% GWP increase for 2023
April 1 2024
Founder says insurtech is aiming aims to fully underwrite its products alongside 50% CAGR growth over the next four years.
japan-pi-club-1-4-renewals-saw-further-rate-rises-amid-a-challenging-business-environment
Japan P&I Club sees tonnage drop amid further rate rises in 1.4 renewals
March 30 2024
7.5% rate increase for ocean-going vessels and a 10% increase for Naiko Class mark consecutive hikes for fifth and third year respectively.
korean-insurers-profits-soar-45-5-in-first-year-under-ifrs-17
Deferred acquisition costs under IFRS 17 see Korean insurers' profits soar 45.5%
March 27 2024
Industry sees 6% fall in overall premium income, but life insurers' net profits rise 37.6% and non-life's soar 50.9%, in first year under IFRS 17.
hong-kong-life-insurance-sector-begins-recovery
Agent channel continues to gain momentum despite Hong Kong life insurance dip in 2023
March 27 2024
New business premiums shrank 1.8%, but agent sales continue to gain traction amid year-long downturn in bancassurance and broker channels.
major-claim-looms-for-pi-clubs-after-singapore-flagged-ship-causes-collapse-of-baltimore-bridge
Major claims loom for P&I Clubs and reinsurers after Singapore-flagged ship causes collapse of Baltimore Bridge
March 26 2024
Container ship collided with bridge, causing it to collapse and sending people and vehicles into the Patapsco River, with initial estimates suggesting damage could run into the billions.
kidi-to-support-development-of-risk-assessment-database-in-vietnam
KIDI to support development of risk assessment insurance database in Vietnam
March 25 2024
Korea Insurance Development Institute enhances partnership with VIDI, to help strengthen Vietnam's insurance capabilities.
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25 September