‘Damages snowballing’ as Korea’s worst-ever wildfire rages on
March 27 2025 by Mithun Varkey
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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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Australia to experience more severe cyclones this season on warmer seas
- October 8
The Bureau of Meteorology also warned of severe thunderstorms, flooding and heatwaves until next April.
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ICA says additional US$92m funding for Australia disaster resilience falls short of needs
- May 15
The (re)insurance industry body has welcomed the Australian government's additional disaster support funding outlined in the 2024-25 federal budget.
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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.
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Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
