Valentine’s Day storms’ cost estimate at US$69m, claims set to cross 20,000: ICA
March 8 2024 by Kristina Shperlik
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Typhoon Yagi losses may drive up rates, tighten treaty terms in Vietnam
- September 10
Insured losses are climbing as carriers in China, Vietnam and the Philippines count the damages after the region's strongest storm this year destroyed houses, factories, infrastructure and crops across the three countries.
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Losses from Australia’s costliest nat cat since 2023 rise to US$946m: ICA
- August 30
Incurred losses for Christmas and New Year storms have increased from the previous estimate of US$905m, according to the latest data from the Insurance Council of Australia (ICA).
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Typhoon Shanshan makes landfall in southern Japan as auto plants shut down
- August 29
The typhoon landed in Kagoshima prefecture, leading to the shutting down of plants by Toyota and Nissan, cancellation of hundreds of flights and suspension of high-speed train services.
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Typhoon Gaemi triggers flooding and landslide in mainland China, leads to US$50m agri losses in Taiwan
- July 29
Hundreds of thousands of people have been evacuated in multiple provinces of China with hundreds of chemical and mining companies suspending operations and train services stopped.
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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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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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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.
