Climate change exposes banks to ‘silent’ risks as insurance gets more unaffordable: Aon
August 22 2024 by Georgina Lee
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Pacific islands cat pool PCRIC mulls expansion into private sector cover
- September 5
The captive for the island nations is looking at extending parametric solutions to the underserved private sectors such as tourism, fisheries, and utilities, according to chief executive Aholotu Palu.
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Asia cat exposure growth outpaces other regions as global annual losses top US$151bn: Verisk
- September 4
Exposure growth amid rapid urban expansion is one of the main contributors to annual increase in losses alongside inflation; while climate change accounts for just 1% of losses.
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Insurers brace for claims as wild weather hits southern Australia
- September 3
The severe weather including damaging winds, major floods and coastal hazards caused widespread damage across Victoria and Tasmania and left more than 120,000 without power.
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South Korean government pushes ahead with EV battery certification scheme: report
- August 26
Set to launch in October, the certification scheme seeks to alleviate growing public concerns about lethal fires caused by EV lithium batteries, as insurers are reviewing their existing motor policies to gauge the potential losses in their books.
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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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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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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.
