Queensland Halloween hail estimate drops to US$900m: PerilsMay 4 2021 by InsuranceAsia News Staff
- May 7
Even well-capitalised insurers are facing strain as claims surge.
- May 4
Global reinsurers generally pick up losses in the region.
- April 21
Tim Scott-Young will replace Hillary Bates on May 17, who is moving to the Swiss firm's life arm.
- April 20
The loss estimate has climbed US$250m since October.
The disaster has been a wake up call to risk modellers as climate change hovers over the horizon.
Recall and remediation programs are complex and can have serious consequences if mismanaged.