Market braces for Nanmadol loss creep
September 23 2022 by Marcus Alcock
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Late-season Typhoon Kong-rey causes disruption in Taiwan, set to bring heavy rains to Shanghai
- October 31
The biggest storm to make landfall on the island could see property and BI losses as well as the risk of an oil spill from a beached cargo ship on the northern coast.
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Taiwan braces for heavy rains, strong wind with super typhoon Kong-rey set to make landfall
- October 30
The typhoon, allegedly the most powerful in almost six decades, could lead to another suspension of the island’s US$2.5trn stock exchange.
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Hurricane Milton’s strength and track makes a revision of APAC renewals a near certainty
- October 10
Insured losses from the “catastrophic” storm is predicted to top US$60bn as it heads for populous Tampa, which will complicate the upcoming renewals.
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Typhoon Krathon’s economic losses likely reach ‘tens of million’ in Taiwan, Philippines
- October 7
The local government in Taiwan's Keelung city estimated that restoration and rebuilding work related to typhoon Krathon will cause US$14.8m according to local media citing city mayor George Hsieh.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
