Subject: Catastrophe Page 73 / 75
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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%.
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- May 24 2016
World Bank sets up US$500m catastrophe fund
The fund, which is the first of its kind in the world, will combat pandemics in poor nations.
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- May 23 2016
Kumamoto quake payouts are Japan’s second-largest
The recent earthquakes in and around Kumamoto Prefecture have incurred insurance payouts US$1.13 billion.
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- May 12 2016
Time for risk managers to become heroes?
Few governments, companies or organisations in Asia take risk management seriously enough, argues Parima chairman.
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- May 9 2016
Top insurers’ earnings slump in Q1
Many of the world’s biggest insurance companies have reported sharp declines in operating profits.
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- May 9 2016
Global catastrophe losses hit five-year high in April
Losses from natural catastrophes and severe weather in the first four months of the year reached US$7.4b.
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- May 6 2016
Insurance industry takes aim at risk resiliency
The newly launched Insurance Development Forum aims to harness the insurance industry to build natural disaster resilience.
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- April 27 2016
Japan quakes unlikely to affect non-life sector
Prudent underwriting and effective reinsurance will protect the industry's financial position, says Fitch.
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- April 25 2016
Nearly US$4bn of losses for Japan, Ecuador quakes
Property losses may reach as much as US$2.9 billion for the earthquakes in Japan alone.
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- April 22 2016
Japan, Ecuador quakes forecast to hit earnings
Recent earthquakes in Japan and Ecuador will substantially affect second-quarter earnings, says Morgan Stanley.
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- April 19 2016
Insurance shares drop following Japan quakes
The economic effect of the earthquakes in southern Japan has started to surface as the damage is surveyed.
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- April 1 2016
Global disasters cost US$92bn in 2015
Swiss Re says the costs of natural and man-made disasters last year were lower than the US$113 billion in 2014.
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- March 11 2016
Thailand considers making crop insurance mandatory
The government wants to protect the country's farmers from the impact of natural disasters.
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- March 1 2016
Taiwan legislators consider revision of insurance law
The existing law prevents insurance carriers from paying out compensation to beneficiaries under 15.
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- February 19 2016
IAG’s creeping NZ losses highlight ILS quake risks
The lingering losses are a stark reminder that catastrophe claims can drag on for years. ILS funds beware.
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- February 15 2016
Winter weather triggers US$2bn economic losses in Asia
Bulk of the economic losses were from China, Taiwan, Korea, Japan and Thailand, which were all unusually cold.
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- February 8 2016
Indian firms forecast rise in catastrophe premiums
Expected hike estimated to be up to 20% for next fiscal year.
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- January 26 2016
Firms still see huge potential in emerging markets
During the Davos forum, major insurers discuss the paucity of insurance taken out in developing markets.
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- January 25 2016
Inefficiencies threaten disruption to insurance industry
Expensive cost structures and the high cost of capital are weaknesses that disruptors will exploit.
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- January 19 2016
Philippine nonlife industry outperforms in 2015
From January to September 2015, net income in the nonlife insurance sector grew 122% to US$76m.
