Subject: Catastrophe Page 62 / 65
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- November 4 2016
Indonesia urged to use cat bonds
The SE Asian nation is the latest country to be urged to transfer risk via capital markets.
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- October 27 2016
Philippines’ mandatory nat-cat insurance under review
The Philippines’ Insurance Commission will review the proposed compulsory catastrophe insurance cover.
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- October 17 2016
Global catastrophe market to grow 5.49%
Climate change and natural and man-made disasters will be a key driver for the market's continued growth.
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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.
