Australia’s FY 2023 nat cat insured losses at US$850m: ICA
May 2 2024 by Kristina Shperlik
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ICA says additional US$92m funding for Australia disaster resilience falls short of needs
- May 15
The (re)insurance industry body has welcomed the Australian government's additional disaster support funding outlined in the 2024-25 federal budget.
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Hannover Re books US$40m losses from Japan’s Noto earthquake, plane crash
- May 14
The twin events in Japan accounted for 10% of the reinsurer's large loss budget for the first quarter.
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New South Wales pushes insurance monitor bill to lower premiums for consumers
- May 13
The state government is seeking to ensure that the goals of emergency services levy reform, including lower premium and punishing price exploitation, are met through new rules and amendment.
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APAC markets moderating, loss-exposed lines remain challenging: Aon
- May 7
Cat-exposed property across Asia saw limited capacity and renewal price increases but capacity for casualty remained abundant, leading to moderate market conditions, despite concerns of increasing exposures.
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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.
