Industry Segments: Catastrophe Page 39 / 52
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- November 21 2019
IAG buys motor repair specialist
The Australian giant's move should help speed up claims.
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- November 18 2019
Australia’s unprecedented bushfires
Insurers on the hook for over US$100m in a disaster worsened by climate change.
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- November 18 2019
7,500 claims lodged as huge hailstorm slams Queensland
A superstorm has left a trail of destruction and the market has seen US$40m of costs so far.
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- November 15 2019
Australia’s bushfires trigger US$54m of claims
An already-severe bushfire season will hit the nation's insurers hard.
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- November 14 2019
Japan’s big four to hike premiums again
Natural disaster losses have been forcing P&C majors to raise rates.
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- November 13 2019
Tracking Asia’s pricing momentum
The property market is finally showing some consistency.
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- November 12 2019
Asia’s prices increase at highest pace in 5 years: Marsh
Q3 cat pricing in Hong Kong, India and Singapore increased by double digits.
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- November 11 2019
Millions evacuated as Cyclone Bulbul makes impact
The storm has killed 13 people and is likely to wreak further damage in India and Bangladesh.
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- November 11 2019
ICA declares catastrophe for huge NSW bushfires
The blaze is spread across a staggering 1,000km on the mid-north coast.
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- November 8 2019
Swiss Re seeks to double its book in Asia: Higginbotham
The reinsurer has ambitious plans for the next five years.
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- November 5 2019
Philippines’ Commission urges action on quake claims
The Philippines has been rocked by three major earthquakes since mid-October.
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- November 4 2019
Australia to face intensified cyclone risk: IAG
Rising temperatures will lead to more devastation in New South Wales and Queensland.
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- October 30 2019
SIRC 2019 Q+A: Philippe Domart, PartnerRe
Renewals, rate adequacy, the soft market and climate change on the agenda in a frank interview.
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- October 28 2019
Scor expects Japan price increases to continue
The reinsurer has also managed to use retro to recover some recent typhoon losses.
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- October 25 2019
Japan weighs cat costs
The market is facing up to the reality of increasing storm activity.
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- October 25 2019
More heavy rain to hit Japan; Typhoon Bualoi approaches
The weather system will hamper efforts to clear up after two huge typhoons.
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- October 23 2019
Action on resilience can avoid uninsurable areas: ICA
There is no more time to wait says the Insurance Council of Australia.
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- October 23 2019
Typhoon Hagibis’ losses at US$8bn to US$16bn: AIR
The costs from Japan’s worst storm in decades will be significant for the market.
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- October 22 2019
Australia increases disaster mitigation spending by US$34m
The annual government funding will be much welcomed by the market.
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- October 21 2019
Japan’s P&C majors stable after typhoons: AM Best
Losses from Typhoon Faxai and Super Typhoon Hagibis should be manageable.
