South Korea: Increasing motor loss ratio signals increase in motor premium The month of November 2024 saw motor insurance loss ratios surge for major motor insurers in South Korea. As the loss ratios breached the 90% mark, it increased the probability of a hike in motor...
AIR+ AIR+ Personal P&C and life lines evolve with ageing demographic The number of people aged 65 and over is expected to hit 1.6bn in 2050, with Asia leading the...
Malaysia: Interim relief for policyholders impacted by increase in health premium Bank Negara Malaysia (BNM) has announced substantive but interim measures to help health insurance...
New Zealand: Levy to fund Fire and Emergency New Zealand finalised New Zealand has confirmed the final regulations for the levy on insurance contracts that will fund...
AIR+ Costlier weather events increasingly linked to climate change Typhoon Yagi was the costliest in Asia this year, according to Munich Re's 'Hurricane/Typhoon...
Taiwan: Labour insurance premium rate to go up in 2025 The rate of Taiwan's labour insurance premium will go up to 12.5% in 2025 according to Taiwan's...
AIR+ Four risks trends shaping the industry As risks continue to evolve, risk experts around the world have to reassess the importance of...