MSIG’s Laos arm to merge with local carrier Sokxay Insurance
June 20 2023 by Mithun Varkey
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APAC records nat cat insured losses at US$8bn in 2024, the lowest since 2012: Gallagher Re
- January 22
Three events - China seasonal floods, Typhoon Yagi, and Japan’s Noto Peninsula Earthquake - drove 68% of economic losses, or US$88bn, in the region.
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Seadrif’s Typhoon Yagi pay out in Laos tops US$3m
- October 1
The extended flood impact triggered a second parametric payout of US$2.25 million on September 30, just a week after the initial pay out of US$750,000 was made to the ministry of finance.
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Typhoon Yagi triggers Seadrif parametric pay out in Laos
- September 25
The Asean risk pool initiatied the US$750,000 payout on September 20, which was five days after the peak of the flooding in the country's capital Vientiane.
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Seadrif FY2023 net profit up 84% on deferred income
- June 7
The regional catastrophe risk platform saw loss from its insurance operations widen in 2023, but its profit was lifted by surplus grants from the MAS and the World Bank.
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HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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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.
