Typhoon Doksuri tops APAC nat cat overall losses at US$25bn: Munich Re
January 9 2024 by InsuranceAsia News-
South Korea’s ‘heaviest-in-200-years’ rain to lead to motor, crop losses
- July 19
The event is likely to see reinsurers introduce coverage limits for parking lots and trigger pay-outs from the government’s agricultural and fishery disaster reinsurance program.
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China’s nat cat economic losses hit US$13bn in H1 2024 as flood claims rise
- July 15
95,000 claims from the intense rain across eight southern China provinces have reached CNY3.21bn, according to NFRA's latest data.
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Insurance claims from southern China heavy rain and floods hit US$344m: report
- July 8
Insurers have settled about a third of the total claims filed. The heavy rain and floodwaters in Hunan breached a stretch of the dyke of China's second-largest freshwater lake.
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New Zealand Treasury set to review levy settings for Natural Hazard Fund
- July 1
The review comes amid a name change of the Earthquake Commission (EQC) as Natural Hazards Commission Toka Tū Ake,