ICA calls for 10-year disaster funding over worsening extreme weather
March 16 2023 by InsuranceAsia News Staff-
Wild weather hits eastern Australia; further storms, hail and heavy rainfall expected
- November 29
The Bureau of Meteorology said the downpour expected this week is going to be well in excess of a month's worth of rainfall.
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International market’s appetite for Taiwan risks waning
- November 29
While domestic insurance capacity has been sapped by Covid losses, foreign carriers are shying away from writing business in the market due to historically soft markets and looming political risks.
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‘Cannot run away’ from nat cat risks, says Tokio Marine chief: report
- November 29
Chief executive Satoru Komiya told the Financial Times that nat cats, not systemic cyber-attack, remains the biggest risk to the sector.
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APAC markets need to wake up to changing nat cat exposures
- November 23
After a bruising 2022 and 2023 nat cat loss experience to date, there can no longer be any argument that Asia faces a new flood risk reality.
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Capital Consulting International seeks to expand into new markets and double its APAC presence
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
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Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
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AXA XL | Battery-powered ships: Moving from the drawing board to the seas
Electric ferries are increasing in popularity but there is plenty of work ahead to move away from ships using heavy diesel oil.