Japanese insurers to raise fire insurance premiums from October: report
August 8 2024 by InsuranceAsia News-
Australia’s WA, SA, Victoria at heightened risk of autumn bushfires: AFAC
- February 27
National Council for Fire & Emergency Services (AFAC) says the 'fire season in these areas may go a little longer this year'.
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Opinion: With fires, floods ripping through limits, will carriers get with the program?
- February 12
Insurers handed wake-up call after LA fires and Queensland floods usher in 2025.
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LA wildfires unlikely to impact APAC (re)insurers due to ‘limited’ exposure: Fitch
- February 7
Rating agency expects insured losses from the wildfires to significantly exceed previous records, with industry estimates ranging from US$35-50bn.
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California fire losses for Japan’s big 3, Korea’s DB Insurance likely to top US$600m
- January 16
Tokio Marine Holdings, MS&AD Insurance Group and Sompo Holdings could see claims of up to US$575m, according to media reports, while DB Insurance has estimated US$41m.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
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Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.