Industry Segments: Catastrophe Page 37 / 45
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- January 24 2019
Nat cat losses hit US$255bn in 2018
17 natural disasters in Asia cost over US$1bn in economic losses last year.
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- January 17 2019
Business interruption scenarios advancing in complexity
Connected economies are leading to a more complex risk environment according to Allianz's Risk Barometer.
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- January 16 2019
Japan’s typhoons push Swiss Re’s 2018 claims bill to US$2.9bn
The claims burden from two powerful typhoons in Japan have increased by US$320m for the reinsurer.
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- January 11 2019
Asia hit for US$18.4bn of nat cat claims in 2018
Natural catastrophes in Asia accounted for 23% of the US$80bn global insurance bill.
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- January 8 2019
Tropical storm Pabuk hits energy production in Thailand
The unusually powerful tropical storm is unlikely to be a major insurance event.
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- January 4 2019
Extreme hailstorm hits Suncorp for A$250m
The Brisbane-headquartered insurer was hit by Australia's extreme weather in the second half of 2018.
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- January 4 2019
IAG increases annual catastrophe reinsurance by A$1bn
The Australian insurer has described its renewal terms as "relatively flat".
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- December 28 2018
Indonesia counts cost of deadly volcano and tsunami
Initial reports suggest that insured losses could be more than US$1bn.
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- December 27 2018
US$79bn of global insured disaster losses in 2018, says Swiss Re
It has been another year of costly disasters for the world's insurance market.
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- December 21 2018
Catastrophe declared for Sydney hailstorm
Insurers on the hook for tens of millions of dollars after the worst hailstorm in 20 years.
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- November 30 2018
Asian protection gap is world’s biggest
After a series of natural catastrophes this year, concerns about the region’s protection gap are bigger than ever.
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- November 29 2018
Nat Re and WTW collaborate on Philippines flood map
The two-year project aims to develop a catastrophe model for flood risk in the country.
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- November 26 2018
Jebi is costliest typhoon in Japan’s history
Japanese insurers have paid out around US$5.2bn for the late August storm.
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- November 15 2018
Claims to top ¥1 trillion for Japan’s big three
Major typhoon season has caused a record amount of claims in the country.
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- November 14 2018
Chaucer and JBA unveil crop model for India
As El Nino threatens farmers, a crop model is timely.
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- November 12 2018
Aon: over $2bn of losses from Asia’s October storms
There was significant economic damage from last month's typhoons in Asia Pacific.
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- October 30 2018
JBA and Aspen Re collaborate on China flood modelling
Global reinsurer teams up with cat modeller to shed more light on China's flooding.
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- October 23 2018
Asia’s underinsurance gap widening, says Lloyd’s
The underinsurance gap for Asian countries has widened by 9.4% to US$134bn from US$122.5bn.
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- October 19 2018
Storm front
Another costly hurricane season is piling up losses for the reinsurance industry, without much upward pressure on rates.
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- October 17 2018
Disasters have cost the Philippines US$7bn since 2011
The country has suffered significant losses from natural disasters over the last eight years.
