Reinsurers on alert as Australia flood claims projected to top US$1.45bn
March 3 2022 by Andrew Tjaardstra
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Final Australia Christmas storms losses top US$1bn: Perils
- December 20
Acute storms hit states of Victoria, New South Wales and Queensland in December 2023, with property accounting for 89% of the total industry loss.
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Claims from Japan’s Typhoon Shanshan surge to US$331m
- December 18
General Insurance Association of Japan says 89,639 claims made from the typhoon that hit earlier this year.
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Hemant Nagpal to lead Gallagher Re Asia Pacific analytics team
- December 18
Reinsurance broker also appoints Darren Murch as deputy head of analytics for the region.
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Asian carriers must expand on renewables as climate losses exceed fossil fuels GWP
- December 10
Insurers should use their influence on the traditional energy sector that only contributes 2% of the total premium to protect the remaining 98% of their business, say climate activists.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
