APAC sees economic loss of $ 80 billion and $11 billion insured claims out of catastrophes and natural disasters in 2022

George Attard, chief executive officer, Reinsurance Solutions, Asia Pacific at Aon said, “The extreme weather in the region throughout the year highlights the continuing need to strengthen resilience by adopting effective adaptation and risk management...

Demand for `International Insurance Programmes’ grow as APAC businesses expand beyond local borders:Aon

Natural catastrophe events continued to drive large losses and pressure marketconditions for property insurance.  Changes to the reinsurance market, including higher costs and retentions, and some coverage restrictions, will drive rate increases for both local...