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.
Hard market and healthy investment income support outlook, with Moody's adding that limited nat cat events in next 12-18 months may lead to market softening.
GI Code Governance Committee looks to enhance monitoring, enforcement methods on issues like claims handling practices, cash settlements, and under-reporting.
