Sri Lanka’s P&C players face motor fee burden
November 25 2021 by InsuranceAsia News
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Sri Lanka flood claims manageable for insurers, reinsurers to absorb non-motor losses: Fitch
- December 18
National Insurance Trust Fund, as Sri Lanka's sole reinsurer, faces greater exposure amid lack of retrocession cover from recent flooding due to Cyclone Ditwah.
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Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s
- December 9
Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.
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Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
- December 5
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
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Marine insurance rates may rise following Sri Lanka’s US$1bn plastic spill ruling: report
- October 14
A cargo ship owned by Singapore’s X-Press Feeders, insured by London P&I Club, spilt tens of billions of petrochemical pellets and burnt plastic, oil and chemicals into the ocean off Colombo in 2021.
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BlackRock | Rethink the rules: how TAA and ETFs are reshaping portfolio construction
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BlackRock | Infrastructure comes of age for insurers
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PartnerRe | The missing life stage: why caregiving is reshaping the future of protection in APAC
To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.
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BHSI | The real risk begins underwater: how subsea risk is changing insurance
Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
