Aon 2021 Weather, Climate and Catastrophe Insight
Climate risk is burning billions and Asia remains vulnerable
Climate risk is burning billions and Asia remains vulnerable
In 2021, the largest recorded natural disaster in the region cost over $2b.
Asia suffered $72b weather and catastrophe-related losses in 2021
Insurance only covered around 9% of the economic losses.
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1. This week in insurance: Sompo–Guidewire cloud partnership, Swiss Re acquires QBE credit and surety unit, Zurich moves to buy ClearView. 2. Hong Kong insurers post weaker 2024 as premiums slip 3. Zurich Cover-More taps Ford to drive Asia travel expansion 4. Zurich Cover-More CEO exits after acquisition 5. Singapore investment-linked products grab 44% of new life businessResource Center
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
India’s cyber risk paradox: High attack rates, low insurance preparedness