Tibet earthquake payments top US$60,000 from Chinese insurers
January 9 2025 by Andrew Mullen and Joana Nguyen- Earthquake
- Catastrophe
- Claims
- Motor
- China
- China Continent P&C
- China Pacific Insurance P&C
- China Re
- China Taiping
- PICC Property and Casualty
- Ping An
- Sunshine Insurance
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30 years after Kobe earthquake, Japan seeks to improve data amid ‘megaquake’ warning
- January 24
Space agency signs deal to estimate extent of damage to buildings caused by earthquakes using high-definition satellite images.
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TSMC assessing impact of 6.4-magnitude Taiwan earthquake
- January 21
World's largest chipmaker says workers were evacuated after the quake, but all affected sites are gradually resuming production.
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Tibet earthquake compensation payments, pre-payments near US$5m
- January 14
China's insurance industry has paid full compensation to the 126 victims of last week's deadly earthquake.
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New Zealand’s Southern Response to slash headcount as Canterbury earthquake claims grant nears end: reports
- December 5
The roles would be reduced by at least 15 personnel to about eight or nine by June 2025 when the Crown package, which has already settled 9,019 claims or about 96% of the eligible applicants, is expected to be wound up.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.