Insured losses from Australian twin weather events near US$500m: ICA
January 24 2024 by Mithun Varkey
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Asia Pacific accounts for half of US$22bn losses from 2025 tropical cyclones: Munich Re
- December 1
Reinsurer’s preliminary estimates reveal a paradoxical season with numerous severe storms but total and insured losses far below decadal averages.
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Perils cuts Cyclone Alfred loss estimate to US$1.25bn
- September 12
Ex-Tropical Cyclone Afred struck Australia's Southeast Queensland and northeastern New South Wales in February and March, leaving over 300,000 homes and businesses without power.
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Vietnam braces for Typhoon Kajiki, but losses set to be less than Yagi
- August 25
PVI Insurance chairman Duong Thanh Danh says the typhoon is forecast to hit areas that are less industrialised than those affected by Typhoon Yagi last year.
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Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
- July 21
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
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