Subject: Catastrophe Page 1 / 65
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- November 5 2025
ICA expands Severe Spring Storms declaration as Queensland claims surge past 26,000
Storms have produced thousands of new claims across the state, with early industry estimates pointing to insured losses exceeding A$250 million (US$165 million).
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- November 4 2025
SIRC : Demand for flood, SCS data increases amid rising economic losses in APAC: Perils
Recent typhoons in the Philippines, Hong Kong and Vietnam, along with Myanmar earthquake, also drive demand for historically peak perils data.
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- November 3 2025
SIRC: Trillion-yen loss year in Japan a matter of ‘if not when’, says Swiss Re’s Atsuhiro Dodo
Demand for natural catastrophe insurance continues to grow, driven by heightened risk awareness following recent quakes and inflation, says the country head for the global reinsurer.
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- October 30 2025
Southeast Queensland hailstorm claims top 10,000 as clean up continues
IAG and Suncorp are dealing with claims and significant costs after the event struck the Brisbane region on Sunday.
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- October 28 2025
ICA declares ‘significant event’ in Queensland after severe hailstorms
The hailstorms in the greater Brisbane region on Sunday have led to over 11,000 claims so far, the industry lobby said.
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- October 20 2025
Australia prepares for ‘hotter-than-normal summer’: BOM
The Bureau of Meteorology also warned of increased risk of bushfires and increasing risk of powerful storms.
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- October 16 2025
Despite benign Q3, global insured losses in 2025 hit US$114bn: Aon
APAC events that exceeded US$1bn economic losses in Q3 were seasonal floods in China, Typhoon Wipha , Punjab Floods in India and Pakistan.
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- October 15 2025
Q3 nat cat losses at two-decade low of US$50bn: Gallagher Re
In terms of insured losses, the third quarter by itself tentatively produced less than US$15bn in insured losses and was the lowest total since 2016.
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- October 10 2025
Vietnam’s 2025 nat cat economic losses top US$1.3bn
Typhoon Matmo over the weekend expected to add hundreds of millions of dollars in losses to the region recovering from the Typhoon Bualoi the week before.
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- October 10 2025
Magnitude 7.4 earthquake jolts Philippines even as Cebu losses mount
The country is still recovering from a 6.9 quake that struck off Cebu island on September 30 that left at least 74 people dead and displaced thousands.
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- October 10 2025
Mounting hail and flood losses raise alarm for APAC (re)insurers
Shifting risk landscape and growing cat exposures highlight the need for alternative sources of capital in Asia, says Perils' Darryl Pidcock.
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- October 9 2025
Kiwi Natural Hazards Commission invites bids from reinsurance brokers for 2027 renewal
The NHC intends to release a request for proposal in April to May next year and will select a new broker by late August 2026.
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- October 8 2025
ARPC in ‘strong financial position’ despite ‘large scale’ impact of ex-Tropical Cyclone Alfred
Australian Reinsurance Pool Corporation suffered an operating deficit of US$587.5m during the 2024-25 financial year, according to its annual report.
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- October 7 2025
Vietnam’s Typhoon Bualoi insurance payouts cross US$13m
Vung Ang 2 thermal power plant is believed to have suffered the biggest loss following typhoon Bualoi, which killed at least 53, injured 165 and left 14 missing after hitting 12 Vietnamese provinces last week.
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- October 7 2025
Eye in the sky expands tropical cyclone coverage across Australia, Japan to ‘fill the gap’ amid rising demand
Finnish firm ICEYE is also close to launching an earthquake product in Japan, global head of insurance Stephen Lathrope tells InsuranceAsia News.
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- October 6 2025
Australia’s insurance losses down 25% in 2024–25, ICA says
Declared events over the 12 months to June 30, 2025, included one cyclone and two floods, according to the Insurance Council of Australia (ICA).
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- October 2 2025
Typhoon Bualoi results in US$432m economic losses in Vietnam: reports
Insured loss is expected to account for 5-10% of the economic loss, McLarens' country manager in Vietnam told InsuranceAsia News.
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- October 1 2025
Australia starts consultation on terrorism and cyclone reinsurance legislation
The Treasury has launched a statutory review of the Terrorism and Cyclone Insurance Act 2003, inviting public feedback on the relevance and governance of national reinsurance pools.
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- October 1 2025
Typhoon Bualoi: damage to Vietnamese thermal power plant may trigger reinsurance claims
Starr is the lead reinsurer for the PVI-led insurance program of the supercritical project in the northern Ha Tinh province, InsuranceAsia News understands.
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- September 30 2025
Ex-Tropical Cyclone Alfred accounts for over 90% of pool claims since inception, ARPC says
Cyclone pool received 101,888 claims from the cyclone that affected Queensland and New South Wales during February and March, totalling to US$650m.
