New South Wales hailstorm triggers 2,000 claims: ICA
October 21 2021 by Andrew Tjaardstra
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Climate crisis dominates Asia’s risk outlook
- January 14
Nat cats caused US$50bn of losses in APAC in 2021, as World Economic Forum says top five risks are linked to climate change.
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India pressed for pandemic risk pool
- January 13
The regulator has been working on the project with a private and public partnership the most likely outcome.
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Typhoon Rai triggers thousands of claims for Philippines’ adjusters
- January 13
Major damage to a hospital, a grain silo firm and beach resorts will lead to millions of dollars in payouts.
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China was second-largest insurance market again in 2021: CBIRC
- January 11
The total claims payout was US$224bn in the first 11 months of the year, the regulator said.
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Fitch Ratings: 2022 APAC insurance market gets neutral outlook, Korean insurers to improve
The rating agency’s outlooks on the life and non-life insurance sectors in China and Japan remain ‘neutral’, while the outlook on the Korean market has been revised to ‘neutral’ from ‘deteriorating’.
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Swiss Re: Why sustainability and health should be shared priorities for (re)insurers
Russell Higginbotham, Swiss Re's CEO Reinsurance Asia, discusses the impact of climate change for life and health (re)insurers in the region.
