Fewer cyclones to make landfall in China, Korea, Taiwan and Vietnam in 2023: Guy Carpenter
June 15 2023 by Andrew Tjaardstra-
Tropical cyclone landfalls in East Asia set to be above-normal: Guy Carpenter
- May 27
The western North Pacific region will likely see 19 to 21 tropical cyclone formations this year, which is near-normal activity, according to the reinsurance broker.
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Japan rainstorm claims top US$610m in FY 2023: GIAJ
- May 21
The country's carriers received 58,695 claims from two cat events last year, however, the cost to insurers from rainstorms was 66% lower than the year before.
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Australia’s FY 2023 nat cat insured losses at US$850m: ICA
- May 2
Despite the year-end catastrophes, incurred claims in 2023 dropped 78% to AU$1.76bn, and claims recorded were 57% lower compared to 2022.
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New Zealand’s early-2023 weather events cost US$5.3-US$8.6bn, government inquiry finds
- April 25
Cyclone Gabrielle was a moderate-scale event when compared to what New Zealand could experience, warns the National Emergency Management Agency.
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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.