The mission of RS Flood Control Asia can be summarized as: save lives through flood-proof living. In fact, one of the first blogs we published was about simple ways it can be done. A lot of time has passed since. Let’s revisit the tips we gave and update them. We’ll show you simple ways of flood-proof living for today! 1. Always Be Alert In the past, we advised you to keep in mind that flooding can happen in any place any time. Rain in one place can cause flood in another. Luckily, keeping updated is as easy as ever. More and more people can now use the internet making it easy to get the latest on weather news. There are multiple weather forecast websites supported by different meteorological agencies from all around the world. If rain or flood is anticipated, monitor your surroundings. Check if your house can withstand a huge amount of water and make sure there is a path for the water to subside. 2. Check for Leaks Flood-proof living is all about keeping the water out of your home. So be sure to check any holes or leaks where water might find its way. Areas where water could seep through can jumpstart and aggravate the damage to your home. Repairing porous roof supports and cracked walls immediately will prevent further structural damage. 3. Clear Gutters and Drains Flood can be simplified as trapped water, except in large quantities. So to stop it from happening in the first place, you must ensure that the water can leave. Make sure that gutters, drainage, and canals don’t have any debris to avoid clogging. Small items like leaves and pieces of plastic can build up. Not to mention, clogged drains can cause violent backflows spewing sewer water. Floods not only become a safety hazard, they also become a health hazard! 4. Prepare Flood Barriers The most immediate way to become flood-proof is simply blocking the flood. This solution has existed ever since humans have recognized the power of nature. From primitive walls to the prolific sandbags of today. Each of them carry their own advantages and disadvantages. Demountable flood control solutions are the most effective ways of blocking and redirecting stormwater and debris from flowing into any establishment. 5. Secure Your Belongings One of the most common problems connected with floods is the problem with electricity. Electricity related accidents cause a high number of injuries and casualties during storms. Whether it’s broken power lines or submerged electrical outlets, both present the same fatal danger. Elevate anything that uses electricity. If possible, shut off the electricity circuit breaker panel to avoid any unnecessary accidents. Similarly, make sure to store important documents in waterproof containers. You don’t want those floating away, do you? 6. Prepare a Go-Bag Emergency responders highly recommend a “go bag” or an emergency kit that can be used at a moment’s notice. Whether for personal use or enough for a household , a go-bag contains the essentials for survival during a calamity. Prepare basic necessities such as canned or preserved food, bottled water, first aid kit, and emergency equipment like flashlights, crank radio, extra batteries, emergency blankets, etc. The idea of a go-bag is survival just until rescuers are able to reach you, so PACK LIGHT! A go-bag prepares you not just for floods but for other calamities like earthquakes, volcanic eruptions, and other emergencies that can strike suddenly and without warning. Staying Alive Storms and other outrageous weather phenomena are way too impossible to elude ever since the beginning of time. The lack of preparation and awareness leads to more devastating situations that result in protracted recovery. In countries like the Philippines, flooding isn’t new. The only way to survive is to have a plan for flood-proof living by practicing prevention. Being prepared and having a plan is key to staying alive. And this is certainly true for other Southeast Asian countries like Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, and Vietnam. From China, Japan, and Taiwan to India, Bangladesh, Sri Lanka, and Pakistan, so many countries are suffering year after year! There is at least a simple way to protect yourself immediately. Use these simple ways for flood-proof living. Stay safe and stay flood-free. Source: rsfloodcontrol.com

Global reinsurance broker Howden Tiger has announced continued rate hardening in the reinsurance market, with risk-adjusted property-catastrophe pricing up 33% on average at 1 June, within a typical range of 25% to 40% including important variations by layer. This follows an uptick of 25% in 2022 that brings the broker's risk-adjusted property-CAT reinsurance pricing index at 1 June to its highest level since inception. The increase was underpinned by enduring, low levels of capital to risk — although this is starting to shift — in addition to an ongoing confluence of global and local pressures. Hurricane Ian loomed large with varying loss impacts by cedent. Portfolio trends and Florida concentrations affected risk-adjusted rate changes with loss-affected programmes in some cases experiencing increases exceeding 40% depending on loss scale and effect. Higher layers also saw increases in excess of 40% year-on-year, notably affected by new minimum rate-on-line thresholds. This was the case for both earthquake and wind covers. Mr. Wade Gulbransen, head of North America, Howden Tiger, said, “Given strong rate hardening, the need for strategic planning and dynamic placement strategies has become paramount. This isn’t just about finding capacity, it's about finding the right capacity that fits our clients’ risk profiles and financial objectives while adapting to an industry in transformation.” Strong, early market engagement leads to capacity availability Markets were strongly engaged in the lead-up to renewal where products, premiums and limits fell within risk tolerances. The trend of private placements evident in prior renewal cycles continued, but mainly as a play for early capacity as opposed to shortfall cover. Marketing for many 1 June programmes began in late January with strategic placements setting the tone as early as March when noticeable appetite for higher layer risks from both traditional and ILS capacity providers emerged. Dynamics in lower layers remained challenging with cedents increasing retentions and, in some instances, altering underwriting guidelines. Capacity was available given the right structures and price points as reinsurers moved up the curve with higher layer participation finishing over-subscribed in some areas. Higher pricing and additional reinstatement premiums were characteristic of lower layers. Global factors are reshaping the reinsurance market landscape Financial market volatility, inflation, geopolitical tensions, recent weather losses, and the Turkiye earthquake all weighed on underwriters as they allocated capital. This was mitigated by a moderate recovery in dedicated reinsurance capital since the beginning of the year, and by legislative reforms in Florida. “The reinsurance market is in a transformative period, shaped by a coalescence of events,” said Mr. David Flandro, head of Industry and Strategic Advisory, Howden Tiger. “Although dedicated reinsurance capital has recovered somewhat since its low at the beginning of the year, challenges persist with historically high catastrophe losses, heightened geopolitical and financial risks, and increased connectivity converging to create a climate of amplified risk aversion." Source: asiainsurancereview.com

2023 marks an extraordinary and momentous year for FPG Insurance! As FPG Insurance celebrates its remarkable 65th anniversary, we embark on an exciting journey filled with innovation and excellence. We remain steadfast in our pursuit of delivering Faster & Stronger solutions for you our valued customers and esteemed business partners. We have placed a strong emphasis on enhancing our processes, introducing new and innovative products, and optimizing our servicing capabilities. Through our unwavering dedication, we have sought ways to elevate the way we underwrite insurance products and deliver exceptional customer service. As we venture further into 2023, we are excited to bring forth new initiatives, strategic collaborations, and cutting-edge advancements. By embracing emerging technologies and trends, we aim to further enhance our capabilities, expand our reach, and solidify our position as a leader in the insurance industry. To celebrate this special anniversary, FPG Insurance has partnered with Ayala Land Inc. to be part of this year’s Green Run to be held on Sunday, 25 June 2023 at Vermosa, Cavite. Together, we are excited to participate in an Eco-Friendly Marathon that embodies our commitment to promoting Health & Wellness, Environmental Conservation, and Sustainability. Once again, thank you for being an integral part of this remarkable journey as we celebrate 65 years of FPG Insurance. We look forward to an even stronger partnership!

Major names, including chair AXA, have left the Net-Zero Insurance Alliance (NZIA) in quick succession over the past two months – so, who remain as members amid US Republicans’ allegations of antitrust breaches? From around 30 previously, the NZIA’s members count is now down to 17. According to the consortium’s website, as of this writing, the following companies continue to be part of the United Nations-convened group: Achmea American Steamship Owners Marine Insurance Company (Europe) Ltd (formerly known as Hellenic Hull Management) ASR Nederland N.V. Aviva Plc Beazley Group Plc Beneva Crédit Agricole Assurances Fidelis Insurance Holdings Generali Group ICEA LION Life Assurance Company Insurance Australia Group Intesa Sanpaolo Vita KB Insurance La Mutuelle Assurance des Travailleurs Mutualistes (Matmut) NN Group N.V. Samsung Fire & Marine Insurance Shinhan Life Insurance Broken down by region, 10 of the remaining NZIA members come from Europe; four, Asia-Pacific; two, North America; and one, Africa and Middle East. As for the departures, they appear to be in response to pressure from the US. As reported, attorneys general from Alabama, Alaska, Arkansas, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, New Hampshire, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Utah, Virginia, West Virginia, and Wyoming previously wrote a letter to NZIA members to express certain “legal concerns”. Last week, the United Nations Environment Programme (UNEP) said in a statement: “The NZIA has provided a framework that enables insurers and reinsurers and other insurance market participants across the globe to individually start or propel their respective net-zero insurance journeys and take urgent and ambitious individual, unilateral climate action. “This is why UNEP will continue to strengthen and deepen its collaborative work with the insurance industry and key stakeholders to advance net-zero insurance thinking and practices globally.” Former members of the NZIA include Munich Re, Zurich, Swiss Re, Allianz, and Lloyd’s. Source: insurancebusinessmag.com

Topic: INSURANCE PRODUCTS OF THE FUTURE Date: October 13, 2020 Speaker: Mr. Amir Shevat - Chief Product Officer Co-Founder of Reshuffle Press release Session 3 Registration Link: https://bit.ly/webinarSession3PIRA

Topic: PRACTICAL ADVICE IN SECURING YOUR DIGITAL BUSINESS Date: September 30, 2020 at 2:00pm - 3:30pm Speaker: Mr. Raymond Nuñez - Chief Technology Officer, Red Rock IT Security Press release REGISTRATION LINK   :  http://bit.ly/webinarSession2PIRA

Topic: DEVELOPING A ROADMAP TO THE FUTURE OF YOUR INSURANCE BUSINESS Date: September 23, 2020 at 2:00pm – 3:30pm Speaker: Mr. Richard Cruz - Transformation Designer Associate Professor, Asian Institute of Management Press release

Topic: NEXT GENERATION BANKING: TAKING YOUR FINANCIAL MANAGEMENT TO THE DIGITAL AGE Date: May 27, 2020 at 2:00pm - 3:30pm Speaker: Mr. Eugene S. Acevedo, President & Chief Executive Officer, RCBC Mr. Manny Narciso, Exec. VP Group Head, Global Transaction Banking, RCBC Mr. Lito Villanueva, EVP & Chief Innovation & Inclusion Officer, RCBC Panelists: Mr. Michael F. Rellosa, Executive Director, PIRA Mr. Francisco D. Papa, Jr., Executive Director, IIAP Press release

Date: May 26, 2020 Resource Person: Mr.Michael F. Rellosa - Executive Director, PIRA Professor Januario C. Aliwalas- Secretary-General, AIRDC

Topic: CUSTOMER-CENTRIC PROCESS PLANNING AND DESIGN Date: May 20, 2020 at 1:45pm - 3:00pm Speaker: Ms. Jennifer P. Teves, Ph.D., Director of Research for Best Buy's Customer Experience Team (Minnesota, USA) Panelists: Mr. Michael F. Rellosa, Executive Director, PIRA Mr. Francisco D. Papa, Jr., Executive Director, IIAP Press release