General insurers’ bodies urge heads of Commonwealth nations to discuss extreme weather impact
October 22 2024 by InsuranceAsia News- Australia
- New Zealand
- Catastrophe
- Climate
- Regulatory
- Insurance Council of Australia
- Insurance Council of New Zealand
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Eye in the sky expands tropical cyclone coverage across Australia, Japan to ‘fill the gap’ amid rising demand
- October 7
Finnish firm ICEYE is also close to launching an earthquake product in Japan, global head of insurance Stephen Lathrope tells InsuranceAsia News.
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Australia’s insurance losses down 25% in 2024–25, ICA says
- October 6
Declared events over the 12 months to June 30, 2025, included one cyclone and two floods, according to the Insurance Council of Australia (ICA).
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Australian insurance sector remains stable despite slow topline growth, geopolitical tensions: S&P
- October 6
However, supply chain disruptions and large losses from perils could also increase market volatility.
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Allstate Underwriting, MSI partner to serve Australia’s SME farm insurance
- October 1
MSI will provide capacity for Allstate’s ‘farm-pack’ product, offering coverage to property risks and vehicle exposures.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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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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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
