New Zealand secures US$4bn reinsurance deal
June 6 2019 by InsuranceAsia News
MORE FROM: Catastrophe
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Rainstorms in China linger as insurers count preliminary losses at US$11 million
- April 23
Insurers in Zhaoqing and Shaoguan cities, both in the Guangdong province, have thus far received about 4000 claim notifications, according to local media reports.
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China’s ‘once-in-a-century’ flood warning puts Guangdong on alert
- April 22
The past weekend of rainstorm that hit China coastal cities and Guangdong province has led to four deaths and economic loss of US$19.3 million, according to media reports.
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Asia accounts for 40% of nat cat economic losses in Q1: Gallagher Re
- April 18
Driven by the Noto Peninsula earthquake, Asia had US$17bn in losses for the first three months of the year, making it the only region with above-average Q1 losses.
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Taiwan earthquake preliminary non-residential losses exceed US$263m: Guy Carpenter
- April 16
While not all of these losses are insured, the residential earthquake insurance fund has reported claims of about US$23m from 472 claims, data from the broker showed.
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