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One-eighth of disaster losses in the region in 2023 are insured
Losses from natural disasters in the Asia-Pacific and Africa region totalled $64bn in 2023, slightly lower than the $66bn seen in the...
Jan 11, 20242 min read
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ASEAN Reinsurance Working Committee members sign MoU on Renewable Energy Pool
Members of the ASEAN Reinsurance Working Committee (ARWC) have signed a Memorandum of Understanding (MoU) to support underwriting...
Dec 14, 20231 min read
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Oona Insurance to take over Oona Philippines
Insular Life (InLife) and Singapore-headquartered Oona Insurance Group (Oona) have announced jointly that they are entering into an...
Dec 13, 20232 min read
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Region's insurance markets affected differently by inflation
The impact of inflation on ASEAN insurance markets was less than in mature Western markets, as inflation in Southeast Asia was on average...
Dec 13, 20234 min read
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Government insurer taps Japanese help to protect public assets against disasters
The Government Service Insurance System (GSIS) is working with the Japan International Cooperation Agency (JICA) to improve the...
Nov 29, 20231 min read
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News Risk Management15 Nov 2023Failure to attract and retain talent is a major business risk
The 2023 edition of Aon's biennial survey of global risks has revealed that human capital issues are no longer simply a "people problem",...
Nov 17, 20232 min read
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Property insurance pricing rises by 2% in 3Q2023
Insurance pricing in the third quarter in Asia was flat, the same as in the prior quarter, according to the latest Marsh Global Insurance...
Nov 6, 20232 min read
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Digitization, economic growth and climate change drive 4 insurance markets
Vietnam, Indonesia, Thailand, and the Philippines face unique emerging risks, resulting in distinct nuances within their insurance...
Sep 28, 20233 min read
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