Subject: Catastrophe Page 1 / 71
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- May 5 2026
Global insurers resilient under 1-in-250-year catastrophe stress, but capital gaps emerge: S&P
Top 50 insurers face roughly US$430bn in gross exposure under a severe cat scenario, which would result in an 8% capital loss on average, the rating agency said.
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- May 4 2026
Asia nat cat insured losses top US$5bn, economic damage reaches US$65bn in 2025: Swiss Re
Some of the largest loss-making events struck lower-income countries with low insurance penetration and weak risk preparedness, according to an Asia analysis from Swiss Re Institute.
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- May 3 2026
ADB issues US$160m inaugural sovereign cat bonds for Kyrgyzstan, Tajikistan
Two Asian Development Bank (ADB) US$80m bonds with parametric triggers listed on the Singapore Exchange will offer protection against earthquakes and flooding.
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- May 3 2026
Australia’s cyclone reinsurance pool claims reach US$1bn
Australian Reinsurance Pool Corporation’s (ARPC) cyclone pool has expanded significantly since its inception in 2022, according to the latest quarterly statistics.
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- April 29 2026
Japan insurers’ major nat cat claims hit US$464m in FY25, Kyushu floods drive 91% of losses: GIAJ
Torrential rains that struck Kyushu in August cost carriers US$424m in claims, according to data from General Insurance Association of Japan.
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- April 29 2026
‘Catastrophic failure’ risk looms amid warning Shanghai floods could expand 80% by 2100
Study shows China's international financial hub requires layered defences, but also that the risk of a 'catastrophic failure' is real.
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- April 27 2026
ICA calls on Australian government to establish US$21.6bn flood defence fund
The ICA has made four recommendations to safeguard those vulnerable to extreme flood risk in its submission to an Australian federal inquiry into local government funding.
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- April 23 2026
IAG NZ reports over 800 claims from heavy rain, flash flooding in Wellington
Cyclone Vaianu, which occurred less than a week before the new events, also resulted in more than 1,000 claims across home, contents, commercial, motor and boat policies
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- April 22 2026
Japan on high alert for second earthquake after first brings tsunamis, minor damage, injuries
Two people sustained minor injuries in the quake on Monday, while 26 non-residential buildings, including schools and restaurants, were damaged in Aomori, the prefecture said.
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- April 22 2026
Wellington remains under state of emergency after torrential rain, flash flooding
Wellington received a record 77mm of rain in less than an hour on Monday.
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- April 21 2026
APAC Q1 nat cat losses moderate despite high humanitarian impact: Gallagher Re
Below average tally of global insured losses in Q1 2026 will put the reinsurance market into an even better position to withstand higher individual or aggregate losses during the rest of the calendar year, Gallagher Re says.
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- April 21 2026
Australia’s 2025 extreme weather insured losses upped to US$3.4bn, ICA says
Insurance Council of Australia (ICA) says the increase was due to increased costs and further lodged claims.
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- April 21 2026
Outdated cat models can’t keep pace with soaring secondary peril’ threats: Swiss Re warns
Insurers must update models with current data, not just historical trends, to address rising losses from floods, wildfires, and storms, especially in Asia and Australia.
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- April 21 2026
New Zealand hit by storm every 8 days as wild weather fuels 256% jump in claims: IAG
Storm frequency has more than doubled, with the increased frequency of events driving a surge in insurance claims.
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- April 20 2026
7.5-magnitude earthquake off northeast Japan triggers tsunami alerts, evacuations
Japan Meteorological Agency warns region should be on alert for stronger earthquakes in the area over the next week, especially in the next two to three days.
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- April 20 2026
Tropical Cyclone Vaianu led to ‘slightly elevated’ claims, Tower says
Fiji's Ministry of Agriculture says Vaianu caused US$1.5m in non-salvageable damage and affected 13,769 agricultural households.
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- April 13 2026
Victoria bushfire losses rise to US$570m: Perils
Bushfires unfolded between January 7-13, when a severe heatwave drove extreme fire conditions across southeastern Australia.
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- April 12 2026
Cyclone Vaianu batters New Zealand’s North Island
Winds exceeding 130km/h force hundreds to evacuate and has caused power cuts to some 5,000 homes.
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- March 29 2026
ARPC declares end of reintensified Tropical Cyclone Narelle
It was the first Australian cyclone to make landfall in three states in over 20 years.
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- March 26 2026
China Taiping’s Hong Kong P&C COR hits 103.4% in FY25 after Wang Fuk Court fire
Fall in underwriting results comes after its exposure to November's fire, which killed 168 people.
