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 […]

Authorities in Finland and Estonia have launched a wide-ranging joint investigation after a key submarine telecommunications cable in the Gulf of Finland was damaged, heightening concerns about the security of critical undersea infrastructure in Northern Europe. The Gulf, which links the Nordic and Baltic regions, is regarded as a strategically sensitive waterway because of the […]