March of the machine
South Korea
Cracking the L&H code among Millennials and Gen Zs
Moderate growth despite elevated loss activity
A mature market, yet much to be achieved
New opportunities emerge despite slowing general insurance market
Regulatory overhaul amid IFRS17, K-ICS, and digital transformation
Industry faces major headwinds in growth and profitability
AI-related systemic risks a challenge for insurance industry
Generative AI isn't just for speed, it's a chance to personalise every interaction
The AI opportunity in Nat CAT models for Southeast Asia and beyond
Moving away from 'silent AI'
Smarter, faster and leaner: AI's next frontier in Insurance
When technology and regulation move together, policy wordings must keep up
The evolving role of the reinsurance broker
Change the only constant for brokers in APAC
Demand for deeper data insights drive change in broker's role
Asia remains key growth area for brokers
Soft pricing persists in Asia as SMEs and cyber risks expand
Broking regulations usher in structural transformation
Adapt and innovate to remain relevant
Asia's insurance broking market shifts from transactional model to risk advisory
Building bridges across Singapore's reinsurance industry
Life & health
View from India: On design, distribution and communication of life insurance
The evolution of IRDAI: driving foreign investment and overhauling regulation
Asian
Australia: 2.7m Australians overlook health insurance premium rise notices
Hong Kong: Three insurance brokers fined US$54,900 for AML breaches
India: New private reinsurer given green light
Singapore: Marine insurance risk landscape is being reshaped
South Korea: Insurers to invest US$5.6bn in National Growth Fund
Werner Bugl, pioneering (re)insurance leader, has passed away
Products and alliances
People on the move
AI
BROKERS
Asia’s insurance market remains in a soft pricing cycle, with rates falling across important segments such as D&O and cyber.
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MARKET PROFILE - South Korea
With the continual rise of critical illnesses, South Korean insurers need to get proactive and bridge the adequacy gap in critical illness covers.
Since ChatGPT was first introduced to the world in 2022, AI has been the only thing people can talk about. The details have changed over the past four years, from GenAI to agentic AI to edge AI, but the discussion points have always been the same:...
With Millennials and Gen Zs in South Korea increasingly viewing life and health coverage as less of a long-term product and more like a digital utility, the focus is shifting towards policies that are instantly accessible and manageable without...
The South Korean non-life insurance market delivered moderate growth in 2025, supported by steady investment performance and generally improved underwriting results across most major lines.
Unlike traditional systemic risks that can be mitigated through controls like geographic distribution and industry variation, risks associated with AI cannot be addressed as such.
Insurers should leverage emerging technologies to enhance customer journeys, deliver more personalised experiences and improve service outcomes, rather than limiting digital adoption to back-office efficiency gains alone.
With future impacts of climate change still a relative unknown, AI can help explore uncertainty with a wide range of varied models.
The role of the reinsurance broker has moved from transactional placement to strategic risk and capital advisor.
With APAC’s business environment looking to remain challenging and dynamic over the coming year, primary and reinsurance markets are expected to maximise profits and return on capital, alongside portfolio growth.
Brokerage firms are evolving their value proposition, due to clients demanding deeper data insights and market benchmarks that enable them to make better-informed decisions.
As the newly appointed Chair of the Singapore Reinsurers’ Association, James Beedle brings a steady hand and a forward-looking vision to one of Asia’s most important industry bodies.
Given India’s large population, its immense growth potential, the current global economic scenario and life’s necessities make it important to bridge the huge protection gap.
In our fourth retrospective instalment for our 35th anniversary, we revisit the inception of the Insurance Regulatory and Development Authority of India (IRDAI), which has been and is crucial in regulating the insurance industry in one of the...
Millions of Australians with private health insurance are missing notices informing them that their premiums are set to increase.
Three licensed insurance brokers in Hong Kong have been hit with a HK$429,000 ($54,900) fine for failing to comply with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, according to a press release by Hong Kong’s insurance...
The Insurance Regulatory and Development Authority (IRDAI) has granted approval for Allianz Jio Reinsurance, which will now be the second private reinsurer in the Indian market.