The total economic and insured losses from the flash flooding this month on the Japanese islands of Honshu and Kyushu can potentially reach tens of millions of dollars, said Aon.
PVI Insurance Corporation, Vietnam’s largest non-life insurance company in terms of revenue, has signed an MOU with Seoul-based NongHyup Property and Casualty Insurance (NongHyup P&C) to strengthen business cooperation.
Risk
A new research report published in the journal Nature Climate Change by a team of researchers University of Maryland US and University of Canterbury, New Zealand has said people will be cut off from roads and other critical infrastructure long before they are underwater. It is a threat that society has not paid enough attention to.
The cyber insurance market has the potential to scale to rival the size of other major P&C lines if three major challenges can be successfully navigated according to a new report by global insurance broker Howden.
Conflict deaths are higher than they have ever been this century according to the 17th edition of the Global Peace Index (GPI).