APRA grants Australian Reinsurance Pool Corporation authorised reinsurer status
June 17 2022 by InsuranceAsia News Staff-
China expands national nat cat pool to cover perils beyond earthquakes
- March 27
The nat cat insurance mechanism will now also include typhoons, floods, torrential rains, mudslide and landslide, it will double limits per household, as well as support commercial cat cover.
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IAG New Zealand CEO tells Kiwis to stop building homes in dumb places: report
- February 20
The country’s largest insurer said that properties built in high-risk areas may see higher-than-average premium increases.
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MIC Global partners WRMS to offer parametric flood cover for India’s gig workers
- February 15
The Lloyd’s player’s micro-insurance product will cover against financial impacts from extreme weather events.
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Lao renews parametric flood cover from Seadrif Insurance with lower thresholds
- February 7
The parametric policy, which was first purchased by the government in 2021, as been expanded from 2 levels to 4 levels and thresholds lowered, providing flexibility to address varying risk scenarios, the Asean insurance platform said.