Industry Segments: Catastrophe Page 41 / 52
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- September 2 2019
Hurricane Dorian makes landfall in the Bahamas
The slow moving storm is set to be a record breaker.
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- August 30 2019
Deja vu again?
Cat markets are bracing for storm season after two years of major late-summer loss events.
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- August 29 2019
Australia prepares for challenging bushfire season
The country's market is bracing for a hot and dry summer.
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- August 27 2019
Australian firms see plunge in underwriting result
Nat cats in Sydney and Queensland saw overall annual underwriting profit drop 44.7%.
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- August 19 2019
India’s regulator calls to expedite monsoon claims
The Insurance Regulatory and Development Authority of India is asking insurers to speed up claims after huge flooding.
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- August 16 2019
US$19bn of global insured losses in H1 2019: Swiss Re
Global economic losses from nat cats and man-made disasters amounted to US$44bn in the first half of 2019.
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- August 16 2019
Typhoon Lekima to cost market US$855m
The storm could be the second most expensive ever in China and result in US$7.4bn of economic damage.
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- August 14 2019
Typhoon Krosa nears Japan
The strong typhoon is set to wreak havoc across western Japan.
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- August 13 2019
Perils ups Townsville claims estimate by over US$90m
The increase is in property loss claims from the winter Queensland flooding disaster.
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- August 12 2019
30 dead and billions in losses as typhoon slams China
Economic losses from Typhoon Lekima amount to at least US$2bn.
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- August 9 2019
Super Typhoon Lekima threatens China and Taiwan
Claims professionals will on high alert as businesses shutter in Taiwan and the storm could even hit Shanghai.
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- August 7 2019
New South Wales flood study could reduce premiums: ICA
The Insurance Council of Australia sees value in a detailed study of over 21,000 land parcels.
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- August 5 2019
Will storm pilot help Macau’s SMEs?
The Monetary Authority of Macau has teamed up with five insurers and a reinsurer to help protect SMEs from powerful typhoons and storm surges.
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- August 5 2019
60% of Townsville flooding claims closed: ICA
The Insurance Council of Australia hails market progress since the unprecedented flooding disaster.
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- July 31 2019
First half nat cat bill highlights protection gap
Numerous multi-billion dollar regional disasters in the first half of the year had relatively little cover according to Aon.
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- July 25 2019
H1 nat cat bill drops to lowest in 13 years
The level of insured losses has gone down but economic losses have risen according to Aon.
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- July 23 2019
Millions affected as heavy flooding hits South Asia
The market is on high alert as rain wreaks havoc in Bangladesh, India, Nepal and Pakistan.
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- June 19 2019
Tracking nat cat risk in real-time
A collaboration between an insurer, broker and university in Japan offers insight into building damage.
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- June 6 2019
New Zealand secures US$4bn reinsurance deal
The cover is for the state run Earthquake Commission programme.
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- May 29 2019
Swiss Re closes Singapore US$100m ILS deal
The ILS placement by Swiss Re Capital Markets will help protect against storms in Florida.