2024 third costliest year on record with US$140bn insured losses: Munich Re
January 9 2025 by InsuranceAsia News
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The heat is on for India: climate change, rapid urbanisation set to weigh on BI losses
- December 20
The country's business interruption insurance market is set to face challenges from heat stress and urban flooding.
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Higher retentions by reinsurers drive investment in granular data, modelling: Moody’s Michael Steel
- December 18
While modellers have embraced AI, insurers remain cautious despite growing recognition of its benefits, says the general manager of the risk analytics provider.
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Malaysia’s floods trigger surge in home and commercial property claims
- December 5
The event has also led to significant agricultural and infrastructure losses estimated at US$224m and affected hundreds of thousands of households.
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Australia braces for above-average rainfall in December: BOM
- December 5
The impact of the storms could be catastrophic, with the risk of fallen power lines, flash flooding, damaging winds and falling trees, says Bureau of Meteorology.
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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.
