Australia’s insurers ‘still have more to do’ after 2022 floods despite ‘significant progress’
February 25 2025 by Andrew Mullen
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Drive for data to plug flood modelling holes continues as risks rise for Asia
- February 25
Region is most at risk from substantial rainfall changes, according to new research, but for many areas, detailed data is still not accessible.
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New Zealand’s Otago flood insured losses hit US$19.4m, top 2015 floods
- February 21
Insurance Council of New Zealand data shows 1,920 private insurance claims were made following the deluge which hit at the start of October.
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Australia set for increased summer rainfall, bushfire risks: Gallagher Re
- February 20
Likelihood of above-average cloudiness and high ocean temperatures means Australia is expected to have notably above-average minimum temperatures through Q1 2025.
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Insured losses from 2 of New Zealand’s most destructive nat cats top US$2.1bn: ICNZ
- February 14
Auckland Anniversary Weekend floods and Cyclone Gabrielle in 2023 resulted in over 118,000 insurance claims.
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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.
