News Page 386 / 1001
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- March 25 2022
Larger, more frequent weather events drive Asia losses
Summer flooding in China in 2021 was one of four events globally that topped US$20bn economic loss.
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- March 25 2022
Japan earthquake property losses below US$4bn: Verisk
A maximum of US$820m can be attributed to commercial and industrial properties.
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- March 25 2022
Liberty Specialty appoints Asia head of casualty, professional risks
Singapore-based Ann Dang has been promoted.
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- March 25 2022
2021 NSW and Queensland flood loss downgraded to US$515m: Perils
The data specialist had expected in September that the event would cost the market US$562m.
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- March 24 2022
Singapore posts 8% P&C premium growth in 2021
Onshore premiums reached US$2.4bn as the market showed a strong recovery.
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- March 24 2022
Howden Specialty hires former Marsh exec in Singapore
The new director will be focused on renewable energy, downstream energy and construction.
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- March 24 2022
Australia flood claims reach US$1.8bn: ICA
Over 159,000 claims lodged with insurers in one of the country's worst flooding disasters.
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- March 23 2022
TransRe deal to expand Berkshire Hathaway’s Asia footprint
The P&C reinsurer has offices in Hong Kong, Singapore, Shanghai, Tokyo and Sydney.
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- March 23 2022
Major Australia BI decisions appealed to High Court
The ICA says it understands the need for "definitive guidance".
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- March 23 2022
CBIRC urges insurers to properly handle claims from China crash
21 insurance companies are conducting investigations on-site.