Australia Nat Cat Claim
Australia’s 2022 nat cat claim to reach whopping $770m: IAG
Australia’s 2022 nat cat claim to reach whopping $770m: IAG
Extreme weather events have raised IAG’s expectation for natural perils claim costs.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. TS Holdings merges Shin Kong Life and Taishin Life 5. PNB MetLife launches dividend fund linked to insuranceResource Center
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Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.