Climate change to spur rising losses in Asia: Swiss Re
April 9 2020 by InsuranceAsia News
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Australian carriers’ US$1.6bn reinsurance spend saves US$46bn in capital: Actuaries Institute
- September 5
A paper published by the institute noted Australian insurers have fewer choices when it comes to the range of reinsurance products they can use to gain regulatory credit.
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Typhoon Wipha, flooding unlocks US$2m Seadrif parametric payout in Laos
- September 4
Payout was made under the new sovereign parametric insurance policy issued by the Asian risk pool in May, which features an annual aggregate trigger.
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‘Fundamental shift’ in risk landscape as average annual losses rise to US$152bn: Verisk
- September 2
Frequency perils are driving sustained, high-impact losses across geographie and insurers must evolve their strategies to meet this challenge head-on.
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Parametric insurance must simplify to boost public sector adoption: Seadrif’s Benedikt Signer
- August 29
Executive director of the Southeast Asia Disaster Risk Insurance Facility outlines its mission to enhance insurance adoption in public sectors by simplifying product design and addressing market gaps.
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Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
