China Life P&C H1 cumulative claim payment rose 12% to US$4.6bn
July 2 2024 by Georgina Lee
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Exclusive: Carriers staring at US$1bn+ losses from New Caledonia civil unrest
- July 4
QBE and Allianz’s estimated net exposure to the event have exceeded US$215m each from political violence in the French overseas territory near New Zealand, IAN understands.
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New Zealand Treasury set to review levy settings for Natural Hazard Fund
- July 1
The review comes amid a name change of the Earthquake Commission (EQC) as Natural Hazards Commission Toka Tū Ake,
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Korean battery plant fire claims likely to leave reinsurers unscathed
- June 27
The primary insurers, KB Insurance and DB Insurance, are expected to retain the losses from the blaze at the Aricell unit as property and liability claims are expected to be relatively low, InsuranceAsia News understands.
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Insurance claims from southern China torrential rain and floods hit US$85m: NFRA
- June 24
Insurers have received 18,400 claims so far and the meteorological bureau is expecting persistent rain after upgrading the rainstorm alert to red, the highest of the four-colour ranking system.
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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.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.
