Japan hail fall insurance payout reaches US$214m: GIAJ
May 28 2024 by Heather Ng
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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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China revises emergency response law to alleviate nat cat shocks
- June 30
The revised law calls for the establishment of a nat cat risk insurance system based on market principles, and instruct local governments to take out personal accident insurance for rescue teams.
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Insured losses from Japan hailstorms set to top US$1bn: Guy Carpenter
- June 28
Hail had been perceived in the past as a minor peril in Japan, but recent hail events from 2022 to 2024 have shown that Japanese hailstorms can generate substantial losses.
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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.
