Subject: Catastrophe Page 1 / 71
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- May 25 2026
China floods trigger US$110m in losses as claims top 33,000
Insurers have paid out US$31m in claims following heavy rains across southern and central China, according to the National Financial Regulatory Administration.
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- May 20 2026
Munich Re warns of ‘turbulent typhoon’ season in North Asia as ‘Super El Niño’ risk looms
El Niño is likely push 2026 typhoon activity above 30‑year average in the region with approximately 27 named storms, 18 typhoons and 11 severe typhoons possible this year.
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- May 19 2026
Australia’s cyclone pool cuts premiums by 37%, boosts availability in high-risk areas: ARPC
Government-backed reinsurance scheme improves affordability and access in cyclone-prone regions, with insurer participation driving a 27% rise in policy availability since its launch in 2022.
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- May 14 2026
Victoria bushfires claims tally hits 4,700 amid ‘long road to recovery’: ICA
January's bushfires were the worst for the insurance industry since the 2019-20 season known as Black Summer.
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- May 14 2026
Tokio Marine open to more ILS deals ‘if there’s any room’, as Kizuna Re highlights strong earthquake demand
Latest outing raised US$100m in Singapore, with assistant manager for global reinsurance, Ken Oka, telling InsuranceAsia News that the insurer has studied issuing catastrophe bonds in Hong Kong.
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- May 12 2026
Australia records US$193.5m in insured losses from 2025-26 tropical cyclone season: ARPC
Australian Reinsurance Pool Corporation (ARPC) chief executive Christopher Wallace says the season was one of the most active in recent years, but that losses remained within expectations.
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- May 11 2026
New Zealand’s Natural Hazard Commission receives almost 200 claims following April storms
Commission says 66% of claims were related to landslide damage, with 34% related to storm and flood damage.
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- May 7 2026
Seadrif, UN World Food Programme launch US$1.1m parametric disaster cover for Laos
Impact-based disaster insurance policy, which is valid for 12 months from May 1, spans multiple hazards, including floods, tropical cyclones, earthquakes and landslides.
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- May 7 2026
Chinese insurers pay US$2.2m in aftermath of deadly Hunan fireworks factory explosion: reports
PICC, Ping An, China Life, Taiping and Sunshine Insurance face the most exposure and have activated emergency response plans and sped up claims settlement.
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- May 6 2026
New Zealand faces ‘pockets of vulnerability’ from rising home insurance costs: RBNZ
Rising premiums due to increasing rebuild costs, climate change and better modelling and retreat of insurers from certain areas are likely to cause financial instability, central bank says.
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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.
