South Korea allocates record US$1.38bn for unprecedented Yeongnam forest fires
May 6 2025 by InsuranceAsia News- 
													
Australia prepares for ‘hotter-than-normal summer’: BOM
- October 20
 
The Bureau of Meteorology also warned of increased risk of bushfires and increasing risk of powerful storms.
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Japan, Korea wildfires mark turning point in regional climate risk understanding: Willis
- July 29
 
Insured losses from nat cats 'will very likely' exceed US$100bn again this year, the broker said in a half-year report.
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Myanmar, China earthquakes push Q1 global insured losses to second-highest on record: Aon
- April 25
 
Losses resulted primarily from the California wildfires, with the total significantly higher than the 21st-century Q1 average of US$17bn.
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South Korea to expand insurance coverage for uninsured crops following wildfires: report
- April 21
 
Government plan to introduce US-style disaster guarantee system for small farmers and forest crops.
 
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