‘Damages snowballing’ as Korea’s worst-ever wildfire rages on
March 27 2025 by Mithun Varkey
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Insurance claims from South Korea wildfires near 5,000, mostly for crops: report
- April 14
Insurers have paid out at least US$131,800, while assessing damage for crop-related claims is expected to take time.
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South Korea wildfire claims to ‘pour in’, Japan to see minimum insured losses
- April 1
Some 48,000 hectares were burned in South Korea, with just over 1,000 hectares impacted in two Japanese prefectures.
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Australia set for increased summer rainfall, bushfire risks: Gallagher Re
- February 20
Likelihood of above-average cloudiness and high ocean temperatures means Australia is expected to have notably above-average minimum temperatures through Q1 2025.
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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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HSBC AM | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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Beazley | Turbulent Waters: The maritime energy transition challenges
Turbulent Waters: The maritime energy transition challenges
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
