Myanmar sets rules for foreign insurance firms in economic zones
April 9 2015 by InsuranceAsia News-
Japan, Korea wildfires mark turning point in regional climate risk understanding: Willis
- July 29
Insured losses from nat cats 'will very likely' exceed US$100bn again this year, the broker said in a half-year report.
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Thai insurers’ US$600-900m Myanmar earthquake losses to be absorbed by reinsurers: S&P Global
- April 24
7.7-magnitude earthquake struck Myanmar and reverberated to Bangkok in March.
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Myanmar insurers temporarily halt new disaster coverage after quake: reports
- April 14
Existing natural disaster insurance policies are allowed to be renewed and extended, but it remains uncertain when the sales of new policies will resume.
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Myanmar’s protection gap exposed as 7.7-magnitude earthquake death toll tops 1,600
- March 31
The financial burden from the damage to buildings, airports, roads and bridges, is likely to fall on businesses and the government as insurance penetration in the country remains very low.
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Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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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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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
