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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QBE Singapore elevates Joyce Cheong to head of claims, people & asset risk
- October 7
Cheong is responsible for all people-related risk claims such as accident, health, workers compensation and injuries, and asset-related losses including property, motor and engineering damages.
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Typhoon Shanshan claims climb to US$180m in Japan
- October 2
Fire insurance losses accounted for the bulk of 90% of the claims paid out and 85% of claims filed after the strongest typhoon to hit the country in decades made landfall in south-west Japan on August 29.
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Everest appoints Jason Chua as senior claims specialist for short tail
- October 1
Singapore-based Chua joins the insurer from Axa XL, where he was a claims specialist.
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Typhoon Pulasan exacerbates Bebinca losses in China
- September 25
The cumulative effect of losses from both typhoons in the country, added to losses from Yagi in South China, is more serious compared with the previous two years and will naturally impact the financial performance of (re)insurers in 2024, according to loss adjusters in China.
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HSBC Asset Management | The hunt for diversification and performance revitalizes appetite for 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.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
