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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Northern Queensland floods set for ‘substantial’ losses after once-in-a-century deluge
- February 5
Loss adjusters expect property and business interruption claims after parts of the region were battered by heavy rain since last week.
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ICA declares significant event for northern Queensland floods
- February 2
Flooding and storms have mostly affected Australian communities in Townsville, Innisfail, Ingham, Gordonvale and Cardwell.
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Australia twin event losses to remain below major cat level, adjuster says
- January 22
Carriers received 5,400+ claims from severe weather events on the east coast, while Cyclone Sean caused record rains and port disruptions in Western Australia.
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TSMC assessing impact of 6.4-magnitude Taiwan earthquake
- January 21
World's largest chipmaker says workers were evacuated after the quake, but all affected sites are gradually resuming production.
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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.
