Gearing up for Asian insurance M&AApril 22 2015 by Nick Ferguson
- August 16
Asia growth plans on hold as roles in financial lines, energy and construction hard to fill.
- August 15
Claims from the record downpour expected to top US$115m.
- August 11
The insurance giants saw losses of US$610m from freak storm in addition to Ukraine impact.
- August 10
Thomas Haddrill, Lloyd's Asia Interim CEO, says they are looking forward to welcoming new syndicates in 2022 and 2023.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.