2024 ‘the year of the floods’, Cresta says, as 8 cat events top US$1bn
January 2 2025 by Andrew Mullen
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Jeju Air crash insured losses could reach US$150m
- January 1
The estimated liability claims from the deadly crash could top US$100m, IAN understands.
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BHSI appoints Cheryl Tan as head of marine claims, Asia Middle East
- December 20
Industry veteran Tan had earlier worked with Canopius Group, Swiss Re and Catlin Singapore in various roles.
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Final Australia Christmas storms losses top US$1bn: Perils
- December 20
Acute storms hit states of Victoria, New South Wales and Queensland in December 2023, with property accounting for 89% of the total industry loss.
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Claims from Japan’s Typhoon Shanshan surge to US$331m
- December 18
General Insurance Association of Japan says 89,639 claims made from the typhoon that hit earlier this year.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
