Korean insurer's ratings affirmed, with future underwriting performance supported by CSM base, though its capital is more exposed to volatility than domestic peers.
Researchers use neural networks to uncover complex links between weather patterns and crop losses and say new model could reduce farmers' insurance premiums by up to 37%.
Typhoon Yagi triggered deadly floods and landslides in the Philippines, leaving 15 dead and 21 missing, and causing millions of USD in agricultural losses.