Industry Segments: Climate Page 18 / 22
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- September 16 2020
Flood claims in NZ approach US$50m from two events
Payouts for July's Northland floods have already exceeded February's Southland disaster.
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- September 9 2020
Guy Carpenter targets Indonesia’s growing flood risk
APAC CEO Tony Gallagher says it impacts thousands each year, with significant cover gaps.
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- September 2 2020
Typhoon Maysak threatens South Korea’s Busan
The market is bracing for claims over the next few days.
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- September 1 2020
Australia Bushfire Commission: “Tough reality ahead” for market
More extreme summers and large losses are in store for (re)insurers.
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- August 21 2020
Suncorp focuses on transformation as FY cash profit drops 33%
Group CEO Steve Johnston recognises the need to speed up change.
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- August 17 2020
Does climate change in New Zealand mean premium rises?
Market players such as IAG are recognising the urgent need to act alongside the government.
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- August 12 2020
Global cat insured losses at US$31bn in H1: Swiss Re
The figure is up from last year but below the recent average of US$36bn.
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- August 11 2020
SE Asia to confront increase in wildfires
A report from data analytics firm Twenty Four Seven examines the decade 2030 to 2040.
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- August 6 2020
New Zealand February flood payouts rise: ICNZ
The claims total is at least US$20m - not including public infrastructure.
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- August 5 2020
Japan’s P&C majors seek up to 10% premium hike: report
After several years of severe flooding, premiums will rise for high risk flood areas.
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- July 27 2020
Australia commits to ‘world-class’ nat cat research centre
The Bushfire and Natural Hazards Co-operative Research Centre secures funding for ten years.
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- July 24 2020
Asia racks up H1 US$31bn nat cat bill: Aon
Cyclone Amphan and China's ongoing floods top loss list but much of the damage isn't insured.
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- July 22 2020
CBIRC urges insurers’ support for flood-hit regions
Direct economic losses have soared past US$12bn.
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- July 22 2020
Perils counts rising cost of Australia’s January hailstorms
Claims have increased to US$1.28bn according to the latest data.
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- July 20 2020
China’s worst floods in 30 years renews focus on risk
Greater public-private collaboration and advanced modelling is needed.
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- July 15 2020
Japan flood losses to reach “hundreds of millions”: report
Aon says insurers are expecting at least thousands of claims.
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- July 15 2020
MS&AD invests in tech to track climate change risks
A new partnership could be game-changing for (re)insurers and asset managers in Asia.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
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- July 10 2020
Japan’s majors to hike rates after paying out billions
Several years of major nat cats means price rises for fire insurance next year.
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- July 7 2020
US$1.3bn market loss at peak of Australia’s bushfires: Perils
The provider has postcode level data for a seven day period of the 2019/2020 summer fires.
