Claims and losses, Insurance pools, Nat Cat, Nat Cat events, News, Non-life, Reinsurance

SEADRIF issues additional US$2.25m parametric payout to Lao PDR following Typhoon Yagi

Second sum comes just a week after SEADRIF's initial US$750k payout, bring SEADRIF's total payout for the republic to a record US$3m.

Editorial team

October 2, 2024

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2 min read

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September

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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.

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September