Tropical Storm Nalgae wreaks havoc in the Philippines
October 31 2022 by Andrew Tjaardstra
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Australia opens applications for US$125m disaster mitigation grant
- January 23
Third round of Disaster Ready Fund focuses on large-scale infrastructure that will deliver disaster risk mitigation, resilience and safety benefits and put downward pressure on insurance costs.
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APAC records nat cat insured losses at US$8bn in 2024, the lowest since 2012: Gallagher Re
- January 22
Three events - China seasonal floods, Typhoon Yagi, and Japan’s Noto Peninsula Earthquake - drove 68% of economic losses, or US$88bn, in the region.
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Australia twin event losses to remain below major cat level, adjuster says
- January 22
Carriers received 5,400+ claims from severe weather events on the east coast, while Cyclone Sean caused record rains and port disruptions in Western Australia.
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With US$100bn losses now the norm, rising attachment points create new dynamic for cat programs
- January 21
Scale of nat cat losses needed to turn the market continues to rise as structural changes in reinsurance programs bed in across Asia Pacific.
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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.
