Group 1 - The 18th typhoon "Haikashan" is expected to make landfall in Guangdong from September 23 to 25, with wind speeds reaching 10 to 16 levels and gusts exceeding 17 levels [1] - The insurance industry is proactively preparing for the typhoon, with companies like Ping An Property & Casualty Insurance identifying high-risk clients and initiating risk reduction measures [1][4] - The China Insurance Regulatory Commission has issued a notice to enhance monitoring and response measures, ensuring smooth claims processes for affected individuals [4] Group 2 - China Pacific Insurance has already received 325 claims related to the typhoon by September 24, with 287 claims from auto insurance, 35 from non-auto insurance, and 3 from agricultural insurance [4] - China Life Property & Casualty Insurance has activated a green claims channel, facilitating prompt payments to clients even before the typhoon made landfall, with a total of 6.5 million yuan paid out [5] - Weather index insurance is highlighted as an innovative product that allows for automatic payouts based on predefined weather conditions, streamlining the claims process [5] Group 3 - The insurance industry is transitioning from a reactive claims model to a proactive risk management approach, focusing on pre-warning, prevention, and post-compensation [6][7] - Guangdong has implemented a comprehensive family insurance program to cover common risks, including those from natural disasters, enhancing community resilience [7] - A multi-layered disaster insurance system has been established in Guangdong since 2016, combining fiscal support with catastrophe index insurance to distribute risks from major natural disasters [7][8]

Group 1 - The insurance industry is increasingly focusing on disaster risk reduction and management due to the rise of extreme weather events [2] - Insurance companies are utilizing technology, such as drones and proprietary platforms, to enhance their disaster risk services and provide timely warnings to clients [1][2] - The development of a comprehensive disaster risk reduction service model is being implemented, covering the entire lifecycle from risk identification to post-disaster analysis [2] Group 2 - In 2024, the insurance sector, particularly PICC, assisted in the emergency harvesting of 560,000 acres of crops and the relocation of 15,000 livestock to mitigate disaster losses [1] - The "Giant Disaster Safety" platform developed by PICC offers risk maps and analysis for various natural disasters, supporting tailored services for different regions [2] - Recent regulatory changes have expanded the scope of catastrophe insurance to include additional natural disasters, enhancing the coverage for urban and rural residential properties [2]