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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, July 29, 2026

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South Korea

south-korea-posts-25-fall-in-commercial-insurance-rates-as-asia-wide-softening-persists
South Korea's commercial insurance rates fall 25% in Q2 as softening trend continues across Asia
August 5 2025
Intense competition drives broader coverage and more favourable terms amid falling premiums across the region.
sampp-sees-stable-profitability-for-korean-re-despite-growing-nat-cat-risks
Korean Re gets S&P ratings upgrade on stable profitability and growth outlook
July 30 2025
S&P cited Korean Re’s strong underwriting results and enhanced capital adequacy under K-IFRS 17 as contributing factors.
am-best-affirms-hanwha-general-insurances-financial-strength-long-term-issuer-ratings-amid-regulatory-shift
AM Best anticipates growth for Hanwha General Insurance via affiliated agent partners
July 28 2025
AM Best affirmed insurer's ratings, citing a strong balance sheet and stable operating results.
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.
global-catastrophes-drive-near-record-insurance-losses-worldwide-in-h1-2025
Global catastrophes drive near-record insurance losses worldwide in H1 2025
July 22 2025
Major events in Australia, Myanmar, and Thailand drove significant insured and economic losses in APAC during the first half of 2025.
typhoon-wipha-leaves-hong-kong-counting-economic-losses-of-up-to-hk2bn
Asia feels Typhoon Wipha’s toll, but HK insurance claims forecast well below Saola
July 22 2025
Wipha left a trail of damage across multiple countries, forcing evacuations, suspending flights and highlighting ongoing nat cat risks.
db-insurance-targets-growth-with-two-vietnam-acquisitions-am-best-affirms-ratings
DB Insurance’s overseas expansion and strong combined ratio underpin long-term growth: AM Best
July 22 2025
The insurer’s strategic shift comes as it looks to balance domestic stability with new growth opportunities abroad.
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Ransomware Attack Disrupts Korea's Largest Guarantee Insurer: Report
July 17 2025
The ransomware attack has stalled Seoul Guarantee Insurance's services and impacted critical sectors, including the country’s rental housing market.
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DB Insurance facing US$60m lawsuit in Guam, fine in Vietnam: Report
July 4 2025
Insurer is being sued over unpaid typhoon claims in Guam.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August