Market braces for Nanmadol loss creep
September 23 2022 by Marcus Alcock
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Typhoon Nanmadol’s final loss count is US$850m: Perils
- September 20
The storm hit the Japanese islands of Kyushu and Shikoku and the western and central regions of Japan’s main island of Honshu in September last year.
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Extreme heat, typhoon ‘most concerning’ climate hazards for APAC: MSCI
- September 15
Fujian, Hong Kong, Shanghai, Hainan and Guangdong are among some of the most at-risk regions for tropical cyclones, according to the data firm.
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ICA reveals huge cost increase of losses if historic Australian disasters happened again
- September 13
The April 1999 Sydney hailstorm which caused US$1.1bn in insured losses would see an estimated US$5.7bn claims' bill if it happened in 2023.
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Typhoon Saola triggers claims across Hong Kong, Macau, China and the Philippines as Haikiu hits Taiwan
- September 4
The storm to bring loss accumulation of tens of millions of dollars from flooding, crop damage, car and yacht write-offs, flight disruptions, fallen solar panels and trees.
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WTW | A new way forward: Cutting through Asia’s coal conundrum
With power demand soaring and coal placements declining, fossil fuel plants and insurers must work in tandem to accelerate decarbonisation and ensure the region’s resilience.
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Marsh | Closing the nat cat protection gap with effective physical climate risk mitigation
Climate modelling and risk engineering expertise can help with risk mitigation and insurance affordability.
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Zurich | Designing result-driven embedded insurance propositions
Embedded insurance is more than just a tick in the box, it calls for a hands-on approach involving thoughtful consideration of customer value.
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Peak Re | Unlock the potential of South-East Asia insurance markets
Multiple positive growth drivers underpin optimism about the insurance outlook of the region.
