Nat cat insured losses to cross US$135bn in 2024: Swiss Re
December 5 2024 by InsuranceAsia News
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Product recall cover in the spotlight as US bans Indonesian shrimp over ‘disturbing’ Fukushima radiation link
- September 1
US Food and Drug Administration has cracked down on imports from BMS Foods, but the link with Japan’s nuclear power plant has been questioned.
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Sompo to acquire Aspen for US$3.5bn
- August 27
Japanese insurer will pay a 35.6% premium for NYSE-listed Aspen shares in the all-cash deal.
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Aspen shares rally in premarket trading on reports of Sompo merger talks
- August 20
New York-listed Bermudian (re)insurer is reportedly seeing interest from the Japanese insurance group.
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K-Sure provides US$350m guarantee for purchase of 6 Korean tankers by US shipping firm: report
- August 7
Support includes US$300m buyer credit guarantee for International Seaways and a US$50m refund guarantee for K Shipbuilding.
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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.
