Subject: Catastrophe Page 44 / 61
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- June 19 2020
NZ’s EQC secures US$4bn reinsurance programme
The placement via Aon is considered a significant milestone given the country's earthquake risk.
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- June 18 2020
Swiss Re, Tata AIG partner in India for catastrophe scheme
The state-led parametric programme covers the current monsoon season.
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- June 17 2020
South China flood losses reach almost US$3bn
Intense rain and floods come as Beijing deals with a new Covid-19 cluster outbreak.
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- June 11 2020
Cyclone Amphan losses shoot up to US$15bn: report
Most of the damage is expected to be uninsured.
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- June 8 2020
Bushfire Commission issues warning to Australia’s market
The government, insurers and scientists look to address the country's huge climate risks.
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- June 2 2020
India to revisit nat cat pool following latest cyclone
Cyclone Amphan will likely trigger hundreds of millions of dollars in claims.
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- June 1 2020
Calm or choppy waters ahead? Asia’s storm season outlook
China Re and Guy Carpenter give their predictions after a testing few years.
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- May 28 2020
Philippines streamlines US$20bn nat cat reinsurance programme
The US$20bn protection scheme will be simplified and reopen for market bids.
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- May 27 2020
Claims’ community adapts as typhoon season ramps up
Covid-19 is forcing the use of technology during Cyclone Amphan and other major incidents.
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- May 27 2020
Australia’s bushfire commission commences
Climate scientists, IAG and a government committee teamed up for the first day of hearings.
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- May 25 2020
Cyclone Amphan likely to cost insurers over US$100m
The powerful storm is a worrying start to Asia's typhoon season.
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- May 20 2020
India and Bangladesh brace for super cyclone while in lockdown
The human cost may loom larger than insured losses from this storm.
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- May 14 2020
Learning from Japan’s heavy typhoon seasons
Leaders from Crawford, PartnerRe and Swiss Re reflect on two tumultuous years.
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- May 11 2020
Covid-19 forces Australia to delay financial reforms
Insurers have been provided much needed additional time to comply.
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- May 11 2020
Five years on: Asia’s lessons from Nepal’s 2015 earthquake
Much more effort is required to build nat cat resiliency according to Aon, Munich Re and RMS.
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- May 6 2020
Western North Pacific basin cyclone season to be ‘near normal’: GC
Total number of tropical cyclone formations expected to be steady in 2020.
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- May 6 2020
Japanese firms’ payouts top US$10bn for 2019 typhoons
Losses keep rising as firms grapple with the Covid-19 fallout and upcoming typhoon season.
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- April 30 2020
ICA seeks reform delay from “immense disruption”
The Insurance Council of Australia wants a delay of Royal Commission reforms until July 2022.
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- April 17 2020
Australia’s summer losses won’t be unique: enquiry
The Royal Commission investigation into the summer's costly bushfires has begun.
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- April 14 2020
Indonesia worst hit from March’s Asia nat cat activity
Over 30,000 homes were destroyed or damaged according to Aon.
