Praedicat’s models and predictive analytics help (re)insurers manage risks linked to catastrophic events, such as product and environmental liabilities, including in the Asia Pacific region.
Typhoon Yagi triggered deadly floods and landslides in the Philippines, leaving 15 dead and 21 missing, and causing millions of USD in agricultural losses.
The insurer said it will collaborate with the community chest in channelling donations to specific charities, mainly tackling mental health and diabetes prevention.
GI Code Governance Committee looks to enhance monitoring, enforcement methods on issues like claims handling practices, cash settlements, and under-reporting.
Insurance Council of Australia's roadmap aims to address insurance industry talent shortages, an ageing workforce, the need for diversity, and the climate impact on workers in the sector.
