Eastern Australia braces for floods with severe weather warning
October 4 2022 by Mithun Varkey
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China’s nat cat economic losses hit US$13bn in H1 2024 as flood claims rise
- July 15
95,000 claims from the intense rain across eight southern China provinces have reached CNY3.21bn, according to NFRA's latest data.
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Insurance claims from southern China heavy rain and floods hit US$344m: report
- July 8
Insurers have settled about a third of the total claims filed. The heavy rain and floodwaters in Hunan breached a stretch of the dyke of China's second-largest freshwater lake.
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New Zealand Treasury set to review levy settings for Natural Hazard Fund
- July 1
The review comes amid a name change of the Earthquake Commission (EQC) as Natural Hazards Commission Toka Tū Ake,
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China revises emergency response law to alleviate nat cat shocks
- June 30
The revised law calls for the establishment of a nat cat risk insurance system based on market principles, and instruct local governments to take out personal accident insurance for rescue teams.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
