Industry estimates have varied dramatically, but AM Best anticipates insurance losses from 3 Apr earthquake will not exceed Meinong earthquake's US$500m in losses.
Financial regulators, including IA, launch Anti-Scam Consumer Protection Charter 2.0 which outlines expectations on industry to help minimise digital fraud.
Verisk launches over 100 Next Generation Models, including models for the APAC region, to enhance risk assessment and insured loss accuracy for the (re)insurance industry.
