Claims continue to mount following the devastating bushfire that swept through central Victoria. As of 13 January, the Insurance Council of Australia (ICA) reported nearly 1,400 claims, encompassing property, commercial, motor, and business interruption losses. Early assessments suggest around 30 percent of all property claims may involve total losses.
The Financial Regulatory Authority (FRA) has issued a decision regulating the mechanisms and conditions for settling claims by the Egyptian Compulsory Insurance Association for Civil Liability Arising from Motor Vehicle Accidents (Compulsory Motor Insurance Consortium/Pool). The move is aimed at simplifying procedures and ensuring that those affected and their families quickly obtain their insurance rights.
The Insurance and Social Security Supervisory Authority (ACAPS) has issued a warning to motor insurance companies over practices that are deemed as infringing on policyholders' rights.
In 2025, losses from natural disasters in the Asia-Pacific cost around $73bn. These work out to about one third of the total global losses due to natural disasters in 2025. This is also above the 10-year average of $66bn. Only $9bn was insured. In many lower-income countries, insurance penetration remains below 5% according to global reinsurer Munich Re.
To help provide more personalised and intelligent services to health insurance policyholders, China will soon launch a pilot programme to establish cloud platforms aggregating personal healthcare and medical insurance data.
Malaysia's insurance and takaful sector faces rising long-term risk from climate change, but analysts are of the view that the outlook remains positive according to a new sectoral report.
The heavy rains that fell on 19 December 2025 has led to increases of around 20% in claims, a level regarded as 'acceptable' by the insurance sector, according to industry executives.
Chinese citizens will now have more smart payment options to pay for services under the medical insurance system. The new options are being rolled out to reduce long queues and simplify payments for various medical services received by patients.
The number of elderly drivers in a super-aged South Korea is increasing rapidly and so is the number of traffic accidents involving them. In 2020, elderly drivers accounted for 14.8% of traffic accidents; in 2024, this grew to 21.5%.
The Financial Services Authority (OJK) has officially issued a regulation (POJK Number 36 of 2025), which allows health insurance customers to opt for co-payments in their policies and lowers the risk-sharing (co-payment ) limit borne by the insured to 5%.