Droughts in China and Australia floods push 2022 nat cat insured bill above US$100bn: Swiss Re
March 22 2023 by InsuranceAsia News
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‘A big idea to confront a big problem’: Insurance Council of Australia calls for US$19bn flood defence fund
- February 26
Fund is the centrepiece of the ICA's Advancing Australia’s Resilience policy document, which provides recommendations for the next federal government.
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Australia’s insurers ‘still have more to do’ after 2022 floods despite ‘significant progress’
- February 25
Insurance Council of Australia report highlights the progress made in response to seven recommendations put to the industry after Australia's most costly extreme weather event.
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Drive for data to plug flood modelling holes continues as risks rise for Asia
- February 25
Region is most at risk from substantial rainfall changes, according to new research, but for many areas, detailed data is still not accessible.
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New Zealand’s Otago flood insured losses hit US$19.4m, top 2015 floods
- February 21
Insurance Council of New Zealand data shows 1,920 private insurance claims were made following the deluge which hit at the start of October.
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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.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
