South Korea’s insurance industry is poised to confront significant challenges in 2026, as slower growth trends coincide with mounting pressures on profitability and financial stability. A joint report by Korea Insurance Newspaper and the Insurance Research Institute indicates that overall premium growth is expected to moderate slightly this year, reflecting both market maturity and shifting […]

In a decisive move to curb the rising number of electric vehicle (EV) fires, South Korea has introduced stringent fire safety and liability insurance regulations, effective from 1 January 2026. The new rules require all EV charging stations and service providers to secure comprehensive insurance against fire, explosion, and electric shock incidents. The initiative is […]

Indonesia’s Financial Services Authority (OJK) has announced a landmark decision mandating travel insurance for all foreign visitors entering the country. The initiative aims to provide international travellers with financial protection against health emergencies, accidents, and travel-related risks while simultaneously fostering innovation and growth within Indonesia’s domestic insurance sector. Ogi Prastomiano, Head of OJK’s Board for […]