South Korea allocates record US$1.38bn for unprecedented Yeongnam forest fires
May 6 2025 by InsuranceAsia News
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Myanmar, China earthquakes push Q1 global insured losses to second-highest on record: Aon
- April 25
Losses resulted primarily from the California wildfires, with the total significantly higher than the 21st-century Q1 average of US$17bn.
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South Korea to expand insurance coverage for uninsured crops following wildfires: report
- April 21
Government plan to introduce US-style disaster guarantee system for small farmers and forest crops.
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Insurance claims from South Korea wildfires near 5,000, mostly for crops: report
- April 14
Insurers have paid out at least US$131,800, while assessing damage for crop-related claims is expected to take time.
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South Korea wildfire claims to ‘pour in’, Japan to see minimum insured losses
- April 1
Some 48,000 hectares were burned in South Korea, with just over 1,000 hectares impacted in two Japanese prefectures.
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HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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Beazley | Turbulent Waters: The maritime energy transition challenges
Turbulent Waters: The maritime energy transition challenges
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
