PICC on hook for US$530m from Typhoon Doksuri with reinsurance deductibles at US$150m
September 1 2023 by Andrew Tjaardstra
-
Perils cuts Cyclone Alfred loss estimate to US$1.25bn
- September 12
Ex-Tropical Cyclone Afred struck Australia's Southeast Queensland and northeastern New South Wales in February and March, leaving over 300,000 homes and businesses without power.
-
Vietnam braces for Typhoon Kajiki, but losses set to be less than Yagi
- August 25
PVI Insurance chairman Duong Thanh Danh says the typhoon is forecast to hit areas that are less industrialised than those affected by Typhoon Yagi last year.
-
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
- July 21
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
-
Typhoons predicted to match 30-year average, but more intense hurricane season likely: Munich Re
- May 30
In Northwest Pacific, an initial study estimates 25 named cyclones, 16 typhoons and nine severe typhoons in the highest 3–5 category in 2025.
-
Sedgwick | Preparing for the next storm
How the industry is leveraging these times to strengthen readiness and innovation
-
Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
-
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.
-
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.
