With volcanic ash, sandstorms and mineral dust posing major hazards for airlines, a new partnership between the Willis Research Network (WRN) and Mitiga Solutions seeks to combat the issue by providing volcanic ash cloud and sandstorm forecasting to aviation and aerospace clients.
China's economy faces trouble from several different sectors, Nomura Research Institute chief economist Richard Koo says in a report.
Rising interest among private equity players to acquire stakes in insurance companies in India may have solved the funding gap, without insurers needing to raise funds through a public listing.
AIR Worldwide forecasts that insured losses from Typhoon Faxai will be between JPY340bn ($3bn) and JPY740bn. The loss estimates include insured damage to property (residential, commercial, industrial and agricultural/mutual), both structures and their contents as well as automobiles from wind and storm surge.
FM Global, one of the world's largest commercial property insurer, has announced that it will translate its fire and sprinkler-related property loss prevention data sheets into Bahasa Indonesia for distribution by the Indonesian Fire & Rescue Foundation (IFRF) across Indonesia's national fire services network. The data sheets include the company's property loss prevention engineering guidelines.
Technology was the focal point at the Asia Risk & Resilience Conference 2019 and with the territory naturally comes talk of cybersecurity.
Taiwan's top financial regulator is considering new rules that could raise the cost of investing in bond exchange-traded funds for insurance companies, people familiar with the matter told Bloomberg.
Seismology experts say that Istanbul, a city of 15m people, falls short in its preparations for a large earthquake.
Global Business Counselling has appointed Mr Stephen Rosling to its board of directors.
The World Bank has stated that while the financial system in Indonesia in general is resistant to shocks, there are two areas that need immediate attention, namely, the supervision of financial conglomerates and the illiquid situations of two insurers, AJB Bumiputera 1912 and Asurani Jiwasraya.