Torrential rain grounds air traffic, floods carparks in Guangdong, Hong Kong
May 6 2024 by Kristina Shperlik and Georgina Lee
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ICA says additional US$92m funding for Australia disaster resilience falls short of needs
- May 15
The (re)insurance industry body has welcomed the Australian government's additional disaster support funding outlined in the 2024-25 federal budget.
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Indonesia’s Sulawesi island flood and landslide kill 14, damage over 1,000 houses
- May 6
Floods as high as three metres swept 42 houses off their foundations, covered 13 sub-districts under water and mud and led to over 100 residents being evacuated.
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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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WTW | Building resilience against emerging risks in Asian realty sector
WTW’s Ben MacCarthy, head of real estate, hospitality & leisure, Asia, and Jennifer Tiang, cyber leader, Asia, discuss the real estate industry’s sectoral risk landscape and the emerging role of proptech.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
