ICA High Court appeal puts BI claims at US$7.5bn
December 18 2020 by Yvonne Lau
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The heat is on for India: climate change, rapid urbanisation set to weigh on BI losses
- December 20
The country's business interruption insurance market is set to face challenges from heat stress and urban flooding.
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SRCC rates harden, capacity, limits lower as tensions grow
- October 16
Broader strike riots and civil commotion extensions under property programs are unlikely to be the norm going forward.
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Typhoon Krathon’s economic losses likely reach ‘tens of million’ in Taiwan, Philippines
- October 7
The local government in Taiwan's Keelung city estimated that restoration and rebuilding work related to typhoon Krathon will cause US$14.8m according to local media citing city mayor George Hsieh.
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Australian Federal Court rules to declass four BI class actions against insurers
- September 24
The ruling is regarding representative proceedings regarding Covid-19 business interruptions claims against IAG, QBE, Lloyd's syndicate 2003 and Hollard.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
