Sri Lankan insurers’ profitability to worsen by new motor directive: Fitch Ratings
February 1 2024 by InsuranceAsia News-
Sri Lanka flood claims manageable for insurers, reinsurers to absorb non-motor losses: Fitch
- December 18
National Insurance Trust Fund, as Sri Lanka's sole reinsurer, faces greater exposure amid lack of retrocession cover from recent flooding due to Cyclone Ditwah.
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Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s
- December 9
Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.
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Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
- December 5
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
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Marine insurance rates may rise following Sri Lanka’s US$1bn plastic spill ruling: report
- October 14
A cargo ship owned by Singapore’s X-Press Feeders, insured by London P&I Club, spilt tens of billions of petrochemical pellets and burnt plastic, oil and chemicals into the ocean off Colombo in 2021.
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QBE | Elevating customer experience, humanising claims: QBE Asia’s ‘Solutions in a Box’
Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
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Beazley | What does cyber protection look like from day 1 to day 600 and beyond?
Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.
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Sedgwick | Preparing for the next storm
Insurance industry needs to recalibrate, invest in innovation and strengthen systems, talent and data practices.
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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