Industry Segments: Catastrophe Page 37 / 53
-
- May 11 2020
Five years on: Asia’s lessons from Nepal’s 2015 earthquake
Much more effort is required to build nat cat resiliency according to Aon, Munich Re and RMS.
-
- May 6 2020
Western North Pacific basin cyclone season to be ‘near normal’: GC
Total number of tropical cyclone formations expected to be steady in 2020.
-
- May 6 2020
Japanese firms’ payouts top US$10bn for 2019 typhoons
Losses keep rising as firms grapple with the Covid-19 fallout and upcoming typhoon season.
-
- April 30 2020
ICA seeks reform delay from “immense disruption”
The Insurance Council of Australia wants a delay of Royal Commission reforms until July 2022.
-
- April 17 2020
Australia’s summer losses won’t be unique: enquiry
The Royal Commission investigation into the summer's costly bushfires has begun.
-
- April 14 2020
Indonesia worst hit from March’s Asia nat cat activity
Over 30,000 homes were destroyed or damaged according to Aon.
-
- April 9 2020
Climate change to spur rising losses in Asia: Swiss Re
The firm says risks remain insurable but mitigation measures need to be stepped up.
-
- April 8 2020
APEC leaders commit to regional cat bond market
Catastrophe risk financing through ILS is gaining traction in the region.
-
- April 7 2020
ICA forms NSW disaster agency led by fire commissioner
ICA's head of operations Karl Sullivan says it will focus on risk mitigation and recovery.
-
- April 1 2020
Australia’s market grapples with extreme weather claims, Covid-19
A February storm has cost the market over US$480m.
-
- March 26 2020
Hannover Re’s Eberhardt on Australia’s long, hot summer
Unprecedented claims from recent bushfires is showing the value of reinsurance.
-
- March 24 2020
World Bank’s pandemic bond under scrutiny
Despite thousands of deaths and financial turmoil, it still isn’t clear if the facility will trigger.
-
- March 20 2020
Australia’s summer loss bill surpasses US$2bn
Recent flooding has compounded bushfires and hailstorms with Covid-19 to add more claims.
-
- March 9 2020
Australia’s summer losses climb to US$3.3bn, says APRA
The number of extreme weather events for the market is likely to increase in future.
-
- March 4 2020
Mitsui Sumitomo sponsors US$75m Singapore cat bond
MS&AD subsidiary is looking to protect typhoon and wind risk under the name Akibare Re.
-
- March 4 2020
Australia’s January hailstorm losses jump 26% to US$528m
There have been 87,500 claims filed of which 60,000 related to motor vehicle damage.
-
- March 3 2020
Timaru hailstorm was NZ’s third costliest nat cat in 100 years
The November storm will cost insurers over US$50m in a nat cat heavy Q4.
-
- February 25 2020
Taiping Re’s Polly Ho on typhoons, the GBA and BRI
The reinsurer understands the challenges and opportunities of the flagship initiatives.
-
- February 20 2020
Australia’s January hailstorm claims jump to US$428m
There have been almost 70,000 claims in ACT, New South Wales and Victoria.
-
- February 17 2020
Allied World’s Garrison on rates, nat cats and data
After 5 years in Asia the leader is encouraged by an increasingly sophisticated market.
