MAS issues environmental risk framework for insurers
December 10 2020 by InsuranceAsia News-
China’s nat cat economic losses hit US$13bn in H1 2024 as flood claims rise
- July 15
95,000 claims from the intense rain across eight southern China provinces have reached CNY3.21bn, according to NFRA's latest data.
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Insurers tap voluntary carbon market as Asia set to plug supply shortfall
- July 8
With the global market projected to reach US$1trn by 2037, carriers are seeking ways to meet the growing demand for managing climate risks and consider the region crucial in bridging the carbon credit gap.
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Insured losses from Japan hailstorms set to top US$1bn: Guy Carpenter
- June 28
Hail had been perceived in the past as a minor peril in Japan, but recent hail events from 2022 to 2024 have shown that Japanese hailstorms can generate substantial losses.
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Singapore oil spill losses set to rise as slick hits Malaysian waters
- June 24
Malaysian authorities confirmed oil slick sightings at Sungai Rengit and Teluk Ramunia in Johor; while Singapore said it will seek compensation from owners of British Marine-insured Marine Honor.
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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.