Subject: Catastrophe Page 59 / 62
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- October 14 2016
God and the protection gap
Some objections to buying insurance, such as "Inshallah", are particularly challenging for insurers to address.
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- October 14 2016
China flood losses huge but uninsured
Only 1.5% of US$38bn economic losses were covered by insurance, according to Aon Benfield.
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- October 11 2016
Cyclones in September cost global economy over US$4bn
In Asia, Super Typhoon Meranti was estimated to have cost US$2.4bn, mostly in China.
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- October 7 2016
Insurer powers Formula E debut in Hong Kong
The data-crunching expertise of an insurance company will be helping two of the Formula E cars in Hong Kong this weekend.
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- October 3 2016
Typhoon Meranti losses could hit US$650m in China
Intense rains and damaging winds caused widespread power outages, flooding and disrupted water supplies.
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- September 29 2016
Sompo trials blockchain technology
The Japan-based insurer has been testing the technology for its catastrophe and weather-linked derivative transactions.
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- August 30 2016
Global insurance rates at lowest since 2012
Marsh's insurance index recorded the 13th consecutive quarter that global rates have dropped.
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- August 29 2016
Japan’s quake insurance contracts top 60%
There has been a surge in coverage since the March 2011 earthquake and tsunami that struck the Tohoku region.
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- August 22 2016
Global losses from disasters reach US$71b
About US$31 billion of the damages were covered by the global insurance industry, up 44% according to Swiss Re.
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- August 8 2016
Only 2% of China flood losses covered by insurance
Economic losses from the recent Mei-Yu rainfall dwarfed the insurance claims, according to Aon Benfield.
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- August 1 2016
China sells first quake policy
The country's first earthquake insurance policy was recently sold in Tangshan province.
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- July 15 2016
Losses from disasters up in first half of 2016
Deaths from natural catastrophes decreased sharply worldwide during the first half of 2016, but financial costs increased.
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- June 24 2016
Can public-private initiative close protection gap?
The recent International Insurance Society conference in Singapore marked a significant step for the Insurance Development Forum.
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- June 22 2016
AIR expands nat cat risk models for SE Asia
Capital providers now have a complete and updated view of earthquake and typhoon risk models.
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- June 20 2016
Losses from Kumamoto quake near US$3bn
Insurance and reinsurance losses continue to mount amid a late surge in claims payouts for damages.
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- June 17 2016
First parametric solution for Indonesian provinces
Aswata, Mercy Corps and Swiss Re introduce solution for microfinance institutions in Aceh and West Sumatra.
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- June 15 2016
Insurance Development Forum begins work in Singapore
Public and private sector participants engaged in eight working groups at the IIS Global Insurance Forum.
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- June 13 2016
Claims from global disasters in May hit US$7bn
Five separate instances of flooding in China contributed economic losses of more than US$1.5bn.
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- June 9 2016
Firms settle nearly 90% of earthquake claims in Nepal
Nepal's insurance regulator says that claims worth US$107m have been settled out of an estimated US$156m of total claims.
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- June 7 2016
Japan quake insurance payouts rise to US$2.2bn
In just one week, insurance payouts for the Kyushu earthquakes in April have risen another 35%.
