China braces for typhoon Bebinca as Yagi slaps US$11bn economic losses on Hainan: report
September 13 2024 by InsuranceAsia News
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Cyclone Zelia losses to be minimal for Australia’s self-insured iron ore miners as key port spared
- February 19
Mining companies have protective measures, including co-insurance or high deductibles, Crawford's Jonathan Hubbard tells IAN.
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Solomon Islands sue Korea P&I Club, MS Amlin Marine in oil spill lawsuit: report
- February 10
The residents of the island are seeking up to US$38m in compensation for a 2019 grounding of a cargo ship.
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BOC Aviation settles Irish lawsuits against insurers over stranded Russian jets: report
- February 10
SMBC Aviation Capital has, meanwhile, reached settlements with Swiss Re and Scor Europe, two of the 18 insurers it is pursuing litgation against.
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California fires losses to exceed Hannover Re’s Q1 large-loss budget
- February 6
The reinsurer estimates a US$500-700m hit from the event and an industry loss of US$30-40bn.
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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.
