Feature

(Re)insurers in APAC primed for first Loss and Damage projects in 2025

US$730m has been pledged so far—only a quarter of Vietnam's Typhoon Yagi damage—and early projects could determine whether the fund attracts additional financing.

By Blake Evans-Pritchard

December 4, 2024

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8 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.