Insured losses from Japan hailstorms set to top US$1bn: Guy Carpenter
June 28 2024 by Heather Ng
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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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Third loss estimate for Australia Christmas storms exceeds US$1bn: Perils
- July 1
The bulk of the loss was incurred by personal lines property losses, followed by commercial lines property and motor losses.
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New Zealand Treasury set to review levy settings for Natural Hazard Fund
- July 1
The review comes amid a name change of the Earthquake Commission (EQC) as Natural Hazards Commission Toka Tū Ake,
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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.
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AXA XL | Energy transition in Asia: How AXA XL helps enable the region’s ambitious plans
Transitioning to low-carbon sources is about more than just substituting one type of energy for another, it requires restructuring the entire energy ecosystem and developing new ways to store energy from intermittent sources like solar and wind.
