Industry Segments: Catastrophe Page 44 / 52
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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.
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- October 12 2018
Hong Kong targets ILS business
The city is set to introduce laws to allow special purpose vehicles to issue insurance-linked securities.
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- October 10 2018
IMF-World Bank to discuss disaster risk management
Indonesia's recent disasters will be an important topic at the annual summit to be held in Bali.
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- October 9 2018
IPCC issues stark warning on climate change
The Intergovernmental Panel on Climate Change has given a dramatic warning to businesses and societies across the world.
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- October 5 2018
Japan hit by eighth typhoon of the year
A stream of powerful storms in Japan is placing pressure on the country's insurers.
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- September 28 2018
Typhoon Mangkhut losses could hit US$2bn
The strongest storm in the world this year could be one of the region’s most costly ever for insurers.
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- September 27 2018
Over $1bn insured losses from Mangkhut, says AIR
This year's most powerful storm caused major property damage and business interruption in China, Hong Kong and Macau.
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- September 26 2018
Japan flood claims hit US$1.5bn
The flooding in July was prompted by extreme levels of rainfall.
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- September 21 2018
Typhoon Mangkhut’s wake-up call
The damage caused in Hong Kong last weekend could cost the insurance industry more than US$1bn.
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- September 14 2018
Super Typhoon Mangkhut threatens Philippines and Hong Kong
A powerful storm is set to hit the northern islands of the Philippines and come close to Hong Kong over the weekend.