Insured losses from Japan earthquake could reach US$6bn: Moody’s RMS
January 12 2024 by InsuranceAsia News-
Losses from Australia’s costliest nat cat since 2023 rise to US$946m: ICA
- August 30
Incurred losses for Christmas and New Year storms have increased from the previous estimate of US$905m, according to the latest data from the Insurance Council of Australia (ICA).
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Korea’s FSC urges insurers to speed up claims payment
- August 29
Head of the FSC Kim Byoung-hwan also called on insurers to digitalise their insurance claim services by October.
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Australian insurers urged to limit use of external experts to improve claims assessments
- August 28
Carriers should not rely on external experts beyond their scope of expertise, as it could lead to poor claims decisions and disputes, according to an inquiry into the practice by six general insurers by the General Insurance Code Governance Committee.
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Complex claims in Asia set to dictate future adjusting demand: Crawford’s Reichelt
- August 26
The growing scale and complexity of losses in Asia mean that the global loss adjuster is ready to respond to the demand for assessing high-value, technical claims as it continues to build out technical expertise in Singapore and tailor claims processing for clients in Japan.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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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.