Typhoon Gaemi to make landfall in mainland China after hitting Taiwan and the Philippines
July 26 2024 by Kristina Shperlik-
Nepal air crash: 99.7% of estimated US$3m loss ceded out to foreign reinsurers
- July 25
The hull and liability cover were provided by a Nepalese carrier Prabhu Insurance and reinsured with a London-based carrier through facultative cover, IAN understands.
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BI claims in focus as carriers assess losses amid global tech outage
- July 22
The event could impact other lines beyond cyber including tech errors and omissions, D&O, and insurers may see liability and supply chain disruption claims.
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Global tech outage could see claims snowball but insurers ‘wait-and-watch’
- July 19
The impact on the industry will depend on the “waiting period” , however, there could be long-term BI and other complex claims.
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Noto earthquake, China floods among costliest H1 2024 economic loss events: Aon
- July 19
The Noto earthquake remained the costliest event of the year to date in terms of total economic losses with more than U$17bn in direct damage, according to the broker's new cat recap report for the first six months of the year.