Subject: Flooding Page 1 / 12
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- October 7 2025
Vietnam’s Typhoon Bualoi insurance payouts top US$13m
Vung Ang 2 thermal power plant is believed to have suffered the biggest loss following typhoon Bualoi, which killed at least 53, injured 165 and left 14 missing after hitting 12 Vietnamese provinces last week.
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- October 7 2025
Eye in the sky expands tropical cyclone coverage across Australia, Japan to ‘fill the gap’ amid rising demand
Finnish firm ICEYE is also close to launching an earthquake product in Japan, global head of insurance Stephen Lathrope tells InsuranceAsia News.
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- October 6 2025
Australia’s insurance losses down 25% in 2024–25, ICA says
Declared events over the 12 months to June 30, 2025, included one cyclone and two floods, according to the Insurance Council of Australia (ICA).
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- October 2 2025
Typhoon Bualoi results in US$432m economic losses in Vietnam: reports
Insured loss is expected to account for 5-10% of the economic loss, McLarens' country manager in Vietnam told InsuranceAsia News.
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- October 1 2025
Typhoon Bualoi: damage to Vietnamese thermal power plant may trigger reinsurance claims
Starr is the lead reinsurer for the PVI-led insurance program of the supercritical project in the northern Ha Tinh province, InsuranceAsia News understands.
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- September 30 2025
Opinion: ‘Dib dib dob dob’: Hong Kong’s disaster risk management leads the way, highlighted by subdued Super Typhoon Ragasa losses
Most powerful tropical cyclone of the year to date impacted Hong Kong, Macau, mainland China, Taiwan and the Philippines last week.
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- September 29 2025
Hong Kong’s curtailed Super Typhoon Ragasa economic losses under US$400m: report
Claims mainly from wind and flooding, with water damage across all affected territories, David Seng, technical and strategic projects director at Sedgwick in Asia also tells InsuranceAsia News.
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- September 19 2025
Losses from India, Pakistan flooding likely to reach ‘billions of US$’: Aon
Punjab plains region of both countries is experiencing some of its worst flooding disasters in recent history, caused by anomalously high monsoon rainfall across northwest India and northern Pakistan.
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- August 27 2025
Hanoi flooding from Typhoon Kajiki expected to result in limited commercial claims
While the windstorm has caused significant damage, it did not hit the industrial areas, unlike Typhoon Yagi last year.
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- August 7 2025
Losses from Hong Kong’s record-breaking rainfall less widespread than 2023 black rainstorm: Sedgwick
Claims from Tuesday's downpour are expected to arise from damage to cars, facilities in buildings, hospitals, warehouses, resorts, theme parks, and construction sites, according to Alex Tang, director at Sedgwick Hong Kong.
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- August 6 2025
Heavy rain, floods, landslides leave insurers counting losses across Hong Kong, China, India
Torrential rain this week caused substantial damage and disruptions.
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- August 5 2025
Beijing flood losses to be ‘substantial’ as region braces for more rain
Insurers have received 65,000 reports of losses following last month's extreme rain, with an estimated insured loss of US$277m, according to regulatory data.
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- August 4 2025
Floods, strong winds, snow, hail cause havoc as wild weather hits across parts of Australia
More than 21,000 people were left without power in New South Wales' Hunter Valley, while 20,000 Perth homes were without power following severe storms.
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- July 29 2025
APAC H1 insured losses hit US$4.4bn, global claims top US$80bn: Munich Re
Earthquake that rocked Myanmar and Thailand, ex-Tropical Cyclone Alfred in Australia, as well January quake events in China and Taiwan. were the major loss drivers in Asia Pacific.
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- July 29 2025
30 dead in Beijing after days of torrential rain, 80,000 residents relocated
Hong Kong on Tuesday had also issued its first black rainstorm warning of the year as heavy downpours hit the city.
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- July 22 2025
South Korea flood motor claims rise to US$22m: report
At least 17 people died in floods and landslides caused by the torrential rain, which started last week and intensified over the weekend.
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- July 18 2025
South Korea hit by torrential rain with 4 dead, 500 properties damaged
Over 400mm of rain fell over three days, with most rain-related fatalities reported in South Chungcheong province.
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- July 18 2025
Tonga renews US$17m multi-peril cover with PCRIC
Renewed policy is expected to provide coverage for tropical cyclones, earthquakes, tsunamis, and droughts, and will have a US$1m premium contribution from the Tongan government.
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- July 16 2025
US$1.3bn Myanmar earthquake biggest non-US insured loss event in H1 2025 as global total tops US$84bn: Gallagher Re
‘Psychological threshold’ question, the report says, is when will the insurance industry face its first US$200bn nominal annual loss year?
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- July 16 2025
Tokyo flooding to bring minimal losses, but highlights growing need to adjust underwriting strategies, flood models
While the event may not significantly impact (re)insurance pricing, loss adjusters told InsuranceAsia News that insurers need to respond to increasing attritional nat cat losses.
