IAG’s creeping NZ losses highlight ILS quake risks
February 19 2016 by Nick Ferguson
MORE FROM: Catastrophe
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Asia warming faster than global average, hit by 79 weather-related disasters in 2023: WMO
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Floods and storms are causing the highest number of reported casualties and economic losses, whilst the impact of heatwaves became more severe, according to a report from the UN climate agency.
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Rainstorms in China linger as insurers count preliminary losses at US$11 million
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Insurers in Zhaoqing and Shaoguan cities, both in the Guangdong province, have thus far received about 4000 claim notifications, according to local media reports.
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China’s ‘once-in-a-century’ flood warning puts Guangdong on alert
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The past weekend of rainstorm that hit China coastal cities and Guangdong province has led to four deaths and economic loss of US$19.3 million, according to media reports.
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Asia accounts for 40% of nat cat economic losses in Q1: Gallagher Re
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Driven by the Noto Peninsula earthquake, Asia had US$17bn in losses for the first three months of the year, making it the only region with above-average Q1 losses.
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