Over US$28m insured loss caused by Guangdong severe storms: report
June 21 2022 by Karen Lai
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New Zealand to buy 700 homes unfit for rebuilding after severe storms
- June 1
The policy will cost around US$600m with details to be worked out with insurers. NZ will also co-fund the protection of 10,000 other properties.
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Opinion: Florida’s return to orderly renewals a welcome sign for APAC
- June 1
Prospects of 30-40% rate hikes tempt reinsurers back to a normalised attitude towards the assumption of nat cat risk as 1.6 draws to a close.
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Typhoon Mawar threatens Japan after slamming Guam
- June 1
The storm, which is skirting the Philippines and Taiwan and heading to the Okinawa Islands, is one of the most powerful on record for May.
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ICA declares New South Wales hailstorm as significant event
- May 29
Insurers have received 7,552 claims relating to the hailstorm with about 80% of those damage for motor vehicles as of the first half of May 29.
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Zurich | Aligning your climate resilience strategy with evolving disclosure requirements
Climate reporting as a mere checkbox exercise may not yield meaningful information if companies fail to manage their risks.
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Guy Carpenter | Dedicated reinsurance capital for Asia life business
Reforms and accounting changes in the region are forcing life insurers to optimise their capital position and improve shareholder returns.
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Sedgwick | The digital revolution: how technology is transforming claims
Asia’s insurance market needs to embrace digital and data capabilities to improve client satisfaction.
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Allianz Re | Securing India’s energy transition
Innovation and expertise are key to (re)insuring the country’s ambitious transition-to-renewables story.
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AXA XL | The art market in Asia: vibrant, dynamic and flourishing
The region's art scene has come roaring back after the pandemic.
