Cyclone Remal floods villages, cuts power, shuts airports in Bangladesh, India
May 29 2024 by Heather Ng
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East, South-East Asia record 72 piracy incidents in 2024, with 43 in Singapore Strait
- January 21
11 large vessels targeted in the strait were over 100,000 deadweight tonnage, according to a report from the International Maritime Bureau.
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Blue Marble plans Asia expansion to bring insurance to the underserved
- August 30
Through public-private partnerships, developing prototypes on the ground and using AI as a way to enhance pricing and modelling, the parametric insurtech is expanding its programs in the region which its CEO Jaime de Pinies describes as a "patience game".
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Asia warming faster than global average, hit by 79 weather-related disasters in 2023: WMO
- April 23
Floods and storms are causing the highest number of reported casualties and economic losses, whilst the impact of heatwaves became more severe, according to a report from the UN climate agency.
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Bangladesh reinsurance policies at risk of lapsing due to dollar shortage: report
- February 13
Several cedents have been unable to pay premiums over many months due to restrictions on foreign currency remittance from the country.
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Sedgwick | Preparing for the next storm
How the industry is leveraging these times to strengthen readiness and innovation
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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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.
