Tropical cyclone landfalls in East Asia set to be above-normal: Guy Carpenter
May 27 2024 by Georgina Lee
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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.
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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.
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Myanmar, China earthquakes push Q1 global insured losses to second-highest on record: Aon
- April 25
Losses resulted primarily from the California wildfires, with the total significantly higher than the 21st-century Q1 average of US$17bn.
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Cyclone Alfred insured losses touch US$1.64bn, Perils says, higher than ARPC
- April 23
In March, Australian Reinsurance Pool Corporation (ARPC) estimated total losses covered by the Cyclone Reinsurance Pool were approximately AU$1.7 billion.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
