Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In a world full of Chinese-made products, one remains rare: the commercial jet. This absence of China’s passenger jets, built by state-backed manufacturer Comac, from international markets is not likely to change anytime soon. Last … Read more
The regulatory landscape in the Asia-Pacific region is rapidly evolving, influencing insurers’ risk management and capital adequacy. Australia and Malaysia are two examples of markets where recent regulatory developments are likely to influence the use of reinsurance, in particular. Regulators in both nations are proposing adjustments to their capital frameworks to tackle evolving challenges, such … Read more
Severe convective storms (SCS) are emerging as a major driver of U.S. property insurance costs, with large hail events alone damaging nearly 600,000 homes in 2024, according to an analysis by CoreLogic. SCS weather events, which include damaging hail, tornadoes, straight-line winds and derechos, are becoming a significant driver of insured natural disaster losses across … Read more
President Xi Jinping is expected to inaugurate Chancay port when he visits Peru next week. The Chinese-funded megaport may reshape Pacific trade, but has also made the United States uneasy. In the first of a two-part series, Igor Patrick looks at the history of the project, its impact on global trade and the social costs … Read more