Insurers win landmark Australia BI Covid case
October 8 2021 by Andrew Tjaardstra
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Exclusive: Carriers staring at US$1bn+ losses from New Caledonia civil unrest
- July 4
QBE and Allianz’s estimated net exposure to the event have exceeded US$215m each from political violence in the French overseas territory near New Zealand, IAN understands.
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Torrential rain grounds air traffic, floods carparks in Guangdong, Hong Kong
- May 6
Torrential rains brought localised floodings, inundated carparks in Hong Kong, and delayed flights in the Guangdong province, hitting a surge of weekend travellers who visited China coastal cities during the long May-day holiday.
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Taiwan earthquake preliminary non-residential losses exceed US$263m: Guy Carpenter
- April 16
While not all of these losses are insured, the residential earthquake insurance fund has reported claims of about US$23m from 472 claims, data from the broker showed.
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Baltimore bridge collapse’s insured losses could hit US$4bn: report
- March 28
Insured losses could total range from US$2-4bn, with 80 different reinsurers having provided cover to the Singapore-flagged container vessel's insurers, Reuters reports.
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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.
