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Magazine

Mar 2020

Insurance


General

Claims for Jakarta floods are well underway

The rains that fell on Jakarta on New Year’s Eve and New Year’s Day led to historic flooding, with the equivalent of 72,000 Olympic-sized swimming pools worth of water flooding the city. 
 

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Losses from Taal volcano not expected to impact local insurers severely

As the threat of a major explosion from the Taal volcano in the Philippines recedes, insured losses appear to be fairly muted.
 

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Australia's expanding 'red zone'

The devastating bushfires that hit Australia in recent months have prompted insurers to re-evaluate their pricing in areas prone to bushfire risk. Such a move could render more properties uninsurable in the coming years. 
 

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The new insurance model for India

Indian market size and growth continue to inspire and attract people from around the world and India Rendezvous 2020 in January continued this trend.
 

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Life & health

Coronavirus and extreme mortality risk

If pandemics can lead to excessive extraordinary claims on insurers, this could pose a systemic risk. Should regulators demand that insurers hold greater capital buffers to ensure that the end consumer is never put at risk?
 

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Data and its explosive impact on our lives

It is estimated that people create 2.5 quintillion bytes of data daily. So with each swipe, click, share or comment, we’re filling up 100m 25GB Blu-ray discs.
 

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The preventative healthcare imperative in Asia

Whatever happens in the global healthcare world throughout the remainder of 2020, what is already certain is that the serious repercussions of the COVID-19 coronavirus are set to dominate commentary this year. 
 

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