La Niña arrival likely delayed till October, say climate agencies
August 20 2024 by Mithun Varkey
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Super typhoon Yagi hit Vietnamese insurers with US$285m in claims payout
- September 13
PVI Insurance, the largest non-life carrier, called it "a historically undesirable loss for Vietnam’s insurance industry" and for the company. The 9,000 claims filed are expected to keep rising, Ministry of Finance said.
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China braces for typhoon Bebinca as Yagi slaps US$11bn economic losses on Hainan: report
- September 13
The country’s meteorological bureau issued a blue alert for its 13th typhoon of the year warning of heavy rain in Zhejiang, and Shanghai. This followed local media reports pointing to escalating economic losses that super typhoon Yagi caused to Hainan.
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Thai insurers brace for losses as Yagi remnants raise flood risk
- September 12
Thailand’s meteorological department said more heavy rain is expected until September 18 with the risk of flash floods, as a northern monsoon trough is moving down and a southern one is gaining strength.
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Data crucial for Asia’s renewable drive as offshore wind power gains momentum
- September 12
With the region prone to nat cat risks such as earthquakes and typhoons, demand for data is rising as (re)insurers are looking to better understand the risk profiles of the growing numbers of renewable projects such as offshore wind farms.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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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.
