Pakistan floods cost US$5.3bn in losses to SME businesses: report
December 29 2022 by Kristina Shperlik-
IAG New Zealand CEO tells Kiwis to stop building homes in dumb places: report
- February 20
The country’s largest insurer said that properties built in high-risk areas may see higher-than-average premium increases.
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MIC Global partners WRMS to offer parametric flood cover for India’s gig workers
- February 15
The Lloyd’s player’s micro-insurance product will cover against financial impacts from extreme weather events.
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Lao renews parametric flood cover from Seadrif Insurance with lower thresholds
- February 7
The parametric policy, which was first purchased by the government in 2021, as been expanded from 2 levels to 4 levels and thresholds lowered, providing flexibility to address varying risk scenarios, the Asean insurance platform said.
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ICA proposes waiving US$3.9bn state taxes to tame Australia’s flood risks
- February 5
Chief executive Andrew Hall suggested abolishing insurance annual state taxes, which stand as the second-largest component of home premiums after pricing of flood risk.