Subject: Catastrophe Page 4 / 70
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- December 15 2025
East Coast hailstorms to costs insurers US$736m: Perils
Figure covers property and motor hull lines of business collected from the majority of affected insurance firms for the hailstorms in Queensland, New South Wales and Victoria between October 26 and November 1.
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- December 12 2025
Rising cost of Queensland, New South Wales hailstorms creates ‘challenging months ahead’
Market has seen a high volume of claims across a widespread area, along with water ingress and related property damage, spanning domestic and commercial sectors.
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- December 11 2025
Perth bushfires put lives and homes under threat, as Moody’s warns of a complex situation
Cat modeller says recent bushfires in New South Wales highlights the complexity of managing bushfires risk in Australia and the risk of secondary ignitions.
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- December 11 2025
Typhoon Odette survivors in the Philippines sue Shell seeking corporate liability for climate-related losses
The lawsuit, filed in London, argues Shell’s historic emissions materially intensified Super Typhoon Odette’s landing in December 2021.
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- December 10 2025
Japan downgrades loss estimates from a potential Tokyo earthquake to US$530bn
A 7.3-magnitude earthquake hitting the metropolitan area could also kill 18,000 people in the worst-case scenario, the draft government estimate showed.
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- December 9 2025
Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s
Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.
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- December 9 2025
Japan issues megaquake alert after 7.5-magnitude earthquake
There is a slight increase in risk of a magnitude 8-level quake and possible tsunami occurring along Japan’s northeastern coast from Chiba, just east of Tokyo, to Hokkaido, according to the Japan Meteorological Agency.
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- December 8 2025
‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says
About 10,000 active life insurance policies from 35 insurers and 1,800 property policies from 35 insurers have been identified as having been issued to residents, he adds.
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- December 8 2025
‘Foreboding’ start to Australia’s bushfire season with 20 homes destroyed in NSW
A firefighter died on Sunday evening after being struck by a tree while working on a bushfire at Bulahdelah on the state’s mid-north coast.
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- December 5 2025
Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
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- December 5 2025
Queensland, New South Wales hail claims top Halloween Hailstorms
Suncorp has responded to more than 6,500 vehicle claims following the severe weather event.
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- December 4 2025
APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch
Stable margins and strong solvency expected, Fitch says, with disciplined pricing and steady reinsurance support underpinning a neutral outlook.
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- December 2 2025
Tai Po fire to halt ‘downward pressure’ on Hong Kong property reinsurance rates: AM Best
Impact of the deadly fire will be widely felt by Hong Kong's (re)insurers, according to the credit rating agency.
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- December 1 2025
Asia Pacific accounts for half of US$22bn losses from 2025 tropical cyclones: Munich Re
Reinsurer’s preliminary estimates reveal a paradoxical season with numerous severe storms but total and insured losses far below decadal averages.
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- November 28 2025
Thailand, Malaysia, Indonesia reel from flood damage, losses in the ‘hundreds of millions’: Aon
Cyclone Senyar, a rare tropical cyclone in the Malacca Strait, and heavy rainfall triggered flooding that affected millions, with total economic damage in Thailand estimated at US$360–740m.
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- November 28 2025
ICA extends insurance cat declaration to across Queensland, New South Wales
Insurers have received more than 44,600 claims for Cat 255, or the 'Qld and NSW Severe Storms and Hail'.
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- November 28 2025
Swiss Re-backed Fathom touts ‘modern view of risk’ to compete in underserved APAC
UK-headquartered flood risk intelligence firm wants to grow its presence in Singapore, Hong Kong, and China, head of insurance Harry Vardigans tells InsuranceAsia News.
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- November 27 2025
Suncorp on the hook for US$230m from Queensland hail
Insurer has received just over 10,000 claims, with approximately 5,000 in home and 5,000 in motor.
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- November 26 2025
Claims top 27,000 after giant hail battered Queensland, New South Wales
Insurance Council of Australia declared an insurance catastrophe after thousands of homes were left without power and residents suffered damage to property.
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- November 26 2025
ARPC declares end of Tropical Cyclone Fina as clean up begins across Northern Territory, Western Australia
Tropical Cyclone Fina crossed the western Australian coast on Monday night as a category 3 system, before being downgraded to a tropical low on Tuesday afternoon.