Australia’s 2024 insured nat cat losses top US$1bn: ICA
June 13 2024 by Ji Youn Lee
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Circles expands Asia operations and claims team with Zurich hire
- December 2
Julie Quach joins the specialty MGA as regional head of operations and claims in Hong Kong and will oversee all operational aspects in the region, excluding underwriting.
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Asean US$7.5bn health insurance market sees increased competition, rising claims: Malaysian Re
- November 25
The model of carriers acting as intermediaries between healthcare providers and patients, focusing on cost management, is becoming increasingly difficult to sustain in the face of changing market conditions, according to this year’s Asean Insurance Pulse report.
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Seoul Guarantee Insurance could see decline in underwriting performance on a rise in paid claims: Fitch
- November 21
The rating agency has affirmed SGI’s rating at 'AA-' (very strong) with a stable outlook taking into account its strong capitalisation, financial performance, and the support it receives from the government.
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Marsh’s Dennis Dalati joins Gallagher as APAC head of claims
- November 8
Dalati has relocated from Singapore to Australia and oversees claims management across Australia and Asia for the broker.
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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.
