Subject: Catastrophe Page 59 / 69
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- August 12 2019
30 dead and billions in losses as typhoon slams China
Economic losses from Typhoon Lekima amount to at least US$2bn.
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- August 9 2019
Super Typhoon Lekima threatens China and Taiwan
Claims professionals will on high alert as businesses shutter in Taiwan and the storm could even hit Shanghai.
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- August 7 2019
New South Wales flood study could reduce premiums: ICA
The Insurance Council of Australia sees value in a detailed study of over 21,000 land parcels.
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- August 5 2019
Will storm pilot help Macau’s SMEs?
The Monetary Authority of Macau has teamed up with five insurers and a reinsurer to help protect SMEs from powerful typhoons and storm surges.
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- August 5 2019
60% of Townsville flooding claims closed: ICA
The Insurance Council of Australia hails market progress since the unprecedented flooding disaster.
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- July 31 2019
First half nat cat bill highlights protection gap
Numerous multi-billion dollar regional disasters in the first half of the year had relatively little cover according to Aon.
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- July 25 2019
H1 nat cat bill drops to lowest in 13 years
The level of insured losses has gone down but economic losses have risen according to Aon.
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- July 23 2019
Millions affected as heavy flooding hits South Asia
The market is on high alert as rain wreaks havoc in Bangladesh, India, Nepal and Pakistan.
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- June 19 2019
Tracking nat cat risk in real-time
A collaboration between an insurer, broker and university in Japan offers insight into building damage.
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- June 6 2019
New Zealand secures US$4bn reinsurance deal
The cover is for the state run Earthquake Commission programme.
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- May 29 2019
Swiss Re closes Singapore US$100m ILS deal
The ILS placement by Swiss Re Capital Markets will help protect against storms in Florida.
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- May 29 2019
Typhoon Jebi loss could reach US$16bn
JMP Securities said the new figure for the Japan storm was based on interviews in Bermuda.
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- May 21 2019
Typhoons and sale hit Tokio Marine’s annual profits
Japanese typhoons hit profits as did the sale of Tokio Millennium Re.
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- May 13 2019
Townsville property losses were US$730m, says Perils
The flooding has had a deep impact on reinsurers and insurers this year.
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- May 10 2019
‘Neutral’ typhoon season predicted
Reinsurers in Asia may get some respite this year, with typhoon season forecast to be below average.
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- May 7 2019
Market assesses damage from powerful Cyclone Fani
Clear up and damage assessment begins after one of the most powerful storms in decades.
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- May 6 2019
Typhoon Jebi looms over reinsurers’ Q1 results
Last year's huge storm in Japan continues to have repercussions for the market.
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- May 3 2019
800,000 evacuated as Cyclone Fani threatens India
Insurers, brokers, adjusters and reinsurers will be on high alert over the next few days.
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- April 29 2019
GrainGrowers: Australian drought market in “disarray”
Farming group decries lack of insurance products available for drought.
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- April 22 2019
ICA praises Sydney hailstorm payout effort
The Insurance Council of Australia says 50% out of US$910m of claims have been paid.
