Subject: Catastrophe Page 44 / 61
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- July 27 2020
Australia commits to ‘world-class’ nat cat research centre
The Bushfire and Natural Hazards Co-operative Research Centre secures funding for ten years.
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- July 24 2020
Asia racks up H1 US$31bn nat cat bill: Aon
Cyclone Amphan and China's ongoing floods top loss list but much of the damage isn't insured.
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- July 23 2020
QBE expects US$750m first half loss
The global player has been hit hard by Covid-19 and nat cats but CEO Pat Regan remains positive.
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- July 22 2020
CBIRC urges insurers’ support for flood-hit regions
Direct economic losses have soared past US$12bn.
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- July 22 2020
Perils counts rising cost of Australia’s January hailstorms
Claims have increased to US$1.28bn according to the latest data.
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- July 20 2020
China’s worst floods in 30 years renews focus on risk
Greater public-private collaboration and advanced modelling is needed.
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- July 15 2020
Japan flood losses to reach “hundreds of millions”: report
Aon says insurers are expecting at least thousands of claims.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
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- July 13 2020
ICA responds to bushfire enquiry as claims reach US$1.63bn
Rob Whelan, ICA’s chief executive, believes there are too many taxes to help consumers afford cover.
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- July 10 2020
Japan’s majors to hike rates after paying out billions
Several years of major nat cats means price rises for fire insurance next year.
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- July 8 2020
Japan’s torrential July rainfall manageable for P&C players
Loss estimates not yet released from the wild recent weather but Moody's isn't too concerned.
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- July 7 2020
US$1.3bn market loss at peak of Australia’s bushfires: Perils
The provider has postcode level data for a seven day period of the 2019/2020 summer fires.
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- June 30 2020
China flood losses soar to nearly US$4bn
The country is bracing for more flooding on the east coast this week.
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- June 23 2020
Climate risk and Covid drive renewal pricing down under
Suncorp is most exposed among Australia’s top insurers ahead of July's reinsurance renewals.
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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.
