ICA says additional US$92m funding for Australia disaster resilience falls short of needs
May 15 2024 by InsuranceAsia News
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Suncorp lifts top of cat reinsurance tower to US$4.6 bn for FY2025
- July 6
The cat reinsurance program will protect it from major events starting from AU$350 million (US$236.2 million), and renewed program changes have no material impact on its target capital, it said.
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Australia and New Zealand mid-year renewals see return to stable market: Aon
- July 4
Reinsurance buyers were seeing ample capacity and flatter pricing, with many experiencing low-single digits reduction, according to the broker's latest reinsurance market dynamics report.
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Pacific Islands captive PCRIC appoints Richard Poulter as chief risk officer
- July 3
In his new role, Poulter will manage risk calculation in relation to insurance design, reinsurance and capital management and ensure PCIRC members meet each country’s objectives for financial protection against disaster risks.
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Japan hailstorm stands as only billion-dollar Asia nat cat event in Q2: Cresta
- July 2
Together with Japan’s Noto earthquake, the world's nat cat events with billion-dollar insured loss totalled four in the first half of 2024.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.
