Industry Segments: Catastrophe Page 38 / 52
-
- January 6 2020
Australia bushfire claims shoot up to US$299m
The total has climbed significantly since last week, and the crisis continues.
-
- January 6 2020
IAG ups cat reinsurance cover by US$700m
Protection increases after breaching perils allowance in first half of the financial year.
-
- January 2 2020
Bushfire claims reach US$167m in Australia
The latest tally is likely to rise much further.
-
- January 2 2020
Typhoon Phanfone costs Philippines US$20m in damages
The nation's 21st storm of 2019 has damaged crops and homes; and cost 50 human lives.
-
- December 23 2019
Claims expected as village almost destroyed in NSW
The devastation is yet another set back for residents, firefighters, authorities and insurers.
-
- December 20 2019
Cat insured losses fell to US$56bn in 2019: Swiss Re
The preliminary estimate points to a decrease of US$37bn compared with 2018.
-
- December 17 2019
Faxai and Hagibis contribute to US$155m Mapfre hit
Major's solvency and capital position remains strong, despite the costs from Japan.
-
- December 17 2019
Further damage in New South Wales as 20 buildings destroyed
Extreme heat and continuing fires mean Australia's battle this summer is far from over.
-
- December 16 2019
Claims expected after earthquake in Philippines
The earthquake happened on the country's second largest island.
-
- December 12 2019
AIG sees Hagibis claims at lower end of expectations
Previous estimates by analysts pegged US$600m in catastrophe losses for the US major.
-
- December 12 2019
Australia still ablaze as claims mount, air quality worsens
Losses stand at US$112m and rising, while Sydney’s air quality levels are hazardous.
-
- December 10 2019
New Zealand’s market hit by volcano, landslide and floods
A large volume of claims are expected over the next few weeks and months.
-
- December 9 2019
Philippines seeks US$20bn cover for P&C exposure
The country is looking to reinsure typhoons, floods and earthquakes.
-
- December 4 2019
Typhoon Kammuri lashes Philippines
20th typhoon of the year likely to cause business interruption and storm damage claims.
-
- November 27 2019
Japan’s typhoons spur sophistication
The market wants to improve, whatever mother nature throws at it.
-
- November 26 2019
Nat cat reinsurance market to reach US$40bn: Swiss Re
The global player is bullish on premium growth despite recent large scale disasters.
-
- November 26 2019
Tower in US$45m dispute with Earthquake Commission
The New Zealand P&C player has a disagreement over the allocation of property damage.
-
- November 25 2019
Indonesia unveils US$770m nat cat protection programme
The government has struck a deal with 56 re/insurers in a move to privatise catastrophe risk.
-
- November 25 2019
Australia releases aid as bushfire claims hit US$100m
A community recovery package includes grants for SMEs and farmers.
-
- November 21 2019
Catastrophic bushfires spread to south Australia
The severe bushfire season has intensified and summer hasn't even begun.
