Zurich axes spending to boost profits
November 21 2016 by InsuranceAsia News-
World Bank debuts US$150m Jamaica hurricane cat bond in Hong Kong
- May 6
The second World Bank bond to list in Hong Kong will offer cover to the Caribbean island state against tropical cyclone events for the next four hurricane seasons up to 2027 and will have a parametric trigger.
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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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Australian cyclone pool’s aggregate building exposure exceeds US$1trn
- May 6
Approximately 95% of the market in terms of premium has joined the ARPC as of December 31 with a total quarterly premium of US$156m.
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El Niño-aggravated extreme heat threatens Vietnam: national weather agency
- May 6
The temperature in two towns reached 44 degrees Celsius last week and May weather is expected to be 1.5 to 2.5 degrees higher than in previous years, says National Centre for Hydro-Meteorological Forecasting.
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WTW | Building resilience against emerging risks in Asian realty sector
WTW’s Ben MacCarthy, head of real estate, hospitality & leisure, Asia, and Jennifer Tiang, cyber leader, Asia, discuss the real estate industry’s sectoral risk landscape and the emerging role of proptech.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.