Typhoon Shanshan claims climb to US$180m in Japan
October 2 2024 by InsuranceAsia News-
Typhoon Krathon makes landfall as Taiwan shuts down for second day
- October 3
The slow-moving typhoon is expected to cause 'catastrophic damage' as it is likely to have a longer impact on the island as it moves through the populous western plains but it is weakening and is expected to turn into a tropical depression before reaching Taipei.
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Australia poised for severe thunderstorms, elevated bushfire risks this spring: Gallagher Re
- October 3
Unusually high maximum and minimum temperatures will affect the country by at least three times more likely than normal, according to the reinsurance broker's climate outlook report.
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ICA extreme weather charter calls for collaboration with governments, community groups for delivery of services
- October 3
The charter outlines disaster preparation, response and recovery recommendations for general insurers, who have paid out US$13bn in claims from 20 ICA-declared events since the Black Summer bushfires in 2019-20.
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Reinsurers’ risk insights, modelling vital to taming escalating nat cat losses: Swiss Re
- October 2
Besides providing capacity, the reinsurer's expertise and insights on risks related to climate change and renewable energy are key to its collaboration with insurers in limiting nat cat losses, says Victor Kuk.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.