Typhoon Gaemi triggers flooding and landslide in mainland China, leads to US$50m agri losses in Taiwan
July 29 2024 by Kristina Shperlik
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Typhoon Gaemi to make landfall in mainland China after hitting Taiwan and the Philippines
- July 26
The storm, which landed near the city of Hualien that faced losses from an earthquake earlier this year, is believed to be the most powerful storm to hit Taiwan in eight years.
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Tropical cyclone landfalls in East Asia set to be above-normal: Guy Carpenter
- May 27
The western North Pacific region will likely see 19 to 21 tropical cyclone formations this year, which is near-normal activity, according to the reinsurance broker.
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Japan rainstorm claims top US$610m in FY 2023: GIAJ
- May 21
The country's carriers received 58,695 claims from two cat events last year, however, the cost to insurers from rainstorms was 66% lower than the year before.
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Australia’s FY 2023 nat cat insured losses at US$850m: ICA
- May 2
Despite the year-end catastrophes, incurred claims in 2023 dropped 78% to AU$1.76bn, and claims recorded were 57% lower compared to 2022.
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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.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.
