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Asia Pacific

Diversity is Key to a Successful Business

To tackle gender and diversity issues, corporate commitment goes a long way. Guy Carpenter has been at the forefront of this change, instituting policies that encourage, nurture, and ensure diversity in the workplace. “Our goal is to have a workforce that is representative of the society that we live in. We look at ways to unlock the full potential of our workforce by c ... Continue Reading »

2020 Western North Pacific Tropical Cyclone Predictions: Details of Findings

The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC) at the School of Energy and Environment, City University of Hong Kong, has released its 2020 predictions for tropical cyclone formations and landfalls using a regional climate model focusing on East Asia. This model uses information from a global climate prediction model made available in March 2020. ... Continue Reading »

2020 Western North Pacific Tropical Cyclone Predictions

The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC) at the School of Energy and Environment, City University of Hong Kong, has released its 2020 predictions for tropical cyclone formations and landfalls using a regional climate model focusing on East Asia. This model uses information from a global climate prediction model made available in March 2020. ... Continue Reading »

Lockdown 4.0 and Beyond: A Recovering India

The reinsurance market’s ability and desire to innovate has seen it emerge as a capable private partner for public sector risk at a time when governments worldwide are looking to transfer risks from public to private balance sheets. Effective risk transfer and mitigation strategies within the public sector will play a crucial role in offsetting wide ranging financial and s ... Continue Reading »

What Might China’s Recovery Look Like

Consensus estimates suggest that while Chinese gross domestic product (GDP) growth will fall to 2.5 percent from 6.1 percent in 2019, with other large economies entering recession China will once again be the primary source of global growth. China's first quarter GDP was down 6.8 percent relative to the first quarter of 2019 – relatively close to the consensus estimate from 57 a ... Continue Reading »

COVID-19 Makes Digital Care the Norm in China

The global COVID-19 pandemic has hit healthcare hard, considering the immense pressure for the sector to build up capacity, to protect its workforce, to coordinate across public response and policy, and to assure and serve the populace in many stages of worry or disease. As the government urged or mandated populations to stay at home and as hospitals turned away patients for ... Continue Reading »

CAT-i Report: Typhoon Vongfong (Ambo)

In the Northwest Pacific Basin, Typhoon Vongfong made landfall in the Philippines on May 14 around 12:15 PM local time (0415 UTC), in the municipality of San Policarpo, Eastern Samar Province. Just after moving inland, the typhoon carried 1-minute sustained winds of around 185 km/hr (115 mph), a category-3 on the Saffir-Simpson Scale according to the Joint Typhoon Warning ... Continue Reading »