Subject: Catastrophe Page 1 / 74
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- September 6 2026
Seadrif wires second US$1.14m to Laos govt, WFP as heavy rains continue
Second payment by the insurer lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
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- September 3 2026
S&P maintains stable outlook for reinsurance sector despite further softening in 2027
Global reinsurers face a delicate balancing acts as softening rates eat into the sector's strong profitability.
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- September 2 2026
Nepal flood claims top US$170m as death toll surpasses 1,100
Oriental Insurance receives the highest claim volume, while engineering and construction risk policies have taken the hardest hit.
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- September 2 2026
Thai government approves new US$465m insurance facility: report
New facility follows the flooding in Thailand's northern and southern regions, and the Bangkok earthquake in March last year.
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- September 2 2026
Insurers to brace for US$171bn of annual property cat losses: Verisk
The increasing global insured average annual loss is driven by the ongoing global expansion in property and insured values, according to Verisk's 2026 Global Modeled Catastrophe Losses Report.
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- September 1 2026
Seadrif triggers US$1.14m parametric payout for Laos floods
Insurer disburses US$1m to the government under its US$8m annual coverage and US$137,500 to the UN's World Food Programme under its US$1.1m policy.
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- September 1 2026
Soaring construction costs outpacing inflation, straining disaster recovery and insurance premiums: ICA
Building cost surge widens protection gap as 145,000 homes damaged in past years, according to the Insurance Council of Australia (ICA).
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- August 30 2026
International reinsurers to absorb most insured losses from Nepal flash floods: AM Best
Insured exposure is expected to be concentrated on commercial risks, primarily hydropower assets, infrastructure projects, and properties along the Nepal-China trade corridor.
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- August 28 2026
Global cat bond issuance tops record US$17.3bn in H1: AM Best
First half saw 11 new sponsors, including two innovative deals from the Asian Development Bank on behalf of Kyrgyzstan and Tajikistan.
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- August 28 2026
Nepal flash floods insured losses could top US$1bn, spilling into reinsurance
Major international and regional reinsurers, including Hannover Re, GIC Re, Saudi Re, and Kenya Re, face material exposures via direct and retrocession programs.
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- August 27 2026
Deadly flash flood on Nepal-China border leaves widespread destruction
More than 270 people have died, while over 1,000 are still missing following the event on Wednesday morning.
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- August 26 2026
Rare quartet of storms batters southern China, paralysing key ports
Narra, Gaenari, Saudel, and Atsani slam China's coast, flooding cities, clogging ports, and also disrupting Japan and Taiwan.
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- August 25 2026
ARPC forecasts US$787m in GWP for FY26-27, outlines support for terrorism and cyclone pools
Corporate plan outlines four strategic priorities, along with key activities, to support its role in administering the terrorism and cyclone reinsurance pools.
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- August 23 2026
Strong Kanto earthquake sparks week-long warnings in Japan
The 5.9-magnitude earthquake struck eastern Japan, including the greater Tokyo area on Sunday morning.
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- August 20 2026
From Flores to Chiba, Asia’s nat cat spree exposes protection gap with insurers set to escape major losses
Indonesia, Japan, South Korea and China have been hit with earthquakes, downpours, floods and typhoons over the last week, with loss adjusters telling InsuranceAsia News that the human toll is severe but insured losses remain surprisingly contained due to low coverage in affected areas.
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- August 18 2026
Kumamoto earthquake claims top 40,000 as insured losses mounts: GIAJ
Businesses in the commercial and industrial sectors in Kumamoto have suffered losses totalling US$736.2 million following last month's deadly quake.
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- August 16 2026
7.7-magnitude earthquake jolts eastern Indonesia, causes widespread damage, fatalities
Death toll rises to 51, with approximately 1,300 homes damaged.
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- August 12 2026
Typhoon Dolphin losses hit US$178m as Beijing battles heavy rain, floods
Insurers across five provincial-level regions have received nearly 100,000 claims reports, with Ping An's estimated payouts exceeding US$96m.
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- August 11 2026
H1 2026 nat cat losses at US$42bn, 16% below 10-year trend: Swiss Re
Insurance picked up around 42% of first half economic losses, above the 30-year average of 33%, as damage was concentrated in highly insured markets.
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- August 10 2026
Typhoon Dolphin brings fresh extreme weather to eastern China, Japan
Arrival of El Nino is intensifying typhoon activity in the Pacific, with China experiencing its fourth since the start of the season.
