Tower reports lower cyclone costs, spurt in GWP growth; upgrades FY profit forecast
October 16 2023 by InsuranceAsia News
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China’s insurers see US$96.5m in reported claims from week-long Guangdong rainstorm
- April 30
As of April 28, a total of 34,700 cases were filed to insurers in the southern province of China and the carriers have paid out a third of it amounting to US$28.4m.
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APAC accounts for nearly half of global economic losses in Q1 2024: Aon
- April 30
The global (re)insurance sector is bracing for an "extremely active" Atlantic hurricane season driven by record-breaking land and ocean temperatures.
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Dali general average claims will bring new pressures for the market: TT Club
- April 25
With parts of the Francis Scott Key Bridge falling onto the vessel, those who are part of GA agreement will shoulder some liability for the costs of their removal, which is likely to add to the significant losses.
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New Zealand’s early-2023 weather events cost US$5.3-US$8.6bn, government inquiry finds
- April 25
Cyclone Gabrielle was a moderate-scale event when compared to what New Zealand could experience, warns the National Emergency Management Agency.
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WTW | Building resilience against emerging risks in Asian realty sector
WTW’s Ben MacCarthy, head of real estate, hospitality & leisure, Asia, and Jennifer Tiang, cyber leader, Asia, discuss the real estate industry’s sectoral risk landscape and the emerging role of proptech.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
