Industry Segments: Catastrophe Page 50 / 50
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- September 15 2015
New India Assurance renews Air India cover for US$9.5bn
The bid to insure Air India’s 126-aircraft fleet will earn a premium of US$22.5 million.
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- September 11 2015
Cat bond issues down as competition responds
Traditional and collateralised players are responding with lower pricing and expanded coverage.
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- September 10 2015
Philippine insurers favour mandatory earthquake insurance
Insurers have submitted a proposal on compulsory earthquake insurance to the finance secretary.
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- September 4 2015
Asia is home to the world’s riskiest cities
The region's cities face diverse threats, ranging from storms and earthquakes to market crashes and pandemics.
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- August 31 2015
China trials first earthquake insurance in Yunnan
Six insurance companies have joined in the launching of China's first earthquake insurance trial.
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- August 28 2015
10 years on: Hurricane Katrina’s lessons for Asia
The devastating storm was a wake-up call, but not one that has been heeded where it matters most.
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- August 20 2015
Asia’s windstorm losses to rise dramatically
Rising wealth and growing populations in coastal areas are creating a perfect storm, says Allianz unit.
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- August 18 2015
Global insured losses fall to half 10-year average
Total global insured losses for the first six months of 2015 dropped to half 10-year average of US$29bn, says Swiss Re.
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- August 14 2015
Tianjin blast likely to produce large claims
An explosion in the city’s port district has killed dozens and caused hundreds of millions of dollars of damage.
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- August 12 2015
Only 10% of Taiwan’s cars insured against storms
Typhoon Soudelor wrought havoc in Taiwan, but only a fraction of vehicles in the country are insured for storms.
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- August 10 2015
Malaysia’s life insurers settle all MH370 claims
The Life Insurance Association of Malaysia has said that a total of M$16.9m was paid to the victims's families.
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- August 3 2015
Japan insurers seek 19% hike in earthquake premiums
The new increase could take effect by January 2017 but will be introduced in phases.
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- July 20 2015
Typhoon Chan-hom claims predicted at US$350m
Insured losses are unlikely to exceed US$354.3m, according to AIR Worldwide's catastrophe risk modelling.
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- July 16 2015
Deaths from natural disasters up sharply
Munich Re biannual review supports industry's claim that much of the world continues to be under-insured.
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- July 15 2015
Guy Carpenter hails Panda bond as “historic”
Cat bond exemplifies the benefits of convergence between reinsurance and capital markets, says David Priebe.
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- July 10 2015
Chinese monsoon losses almost US$4bn in June
The amount is the largest impact of the month, according to Aon Benfield's Impact Forecasting unit.
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- July 3 2015
China leads the way on catastrophe risk
China's Panda bond is an important step in developing better tools for transferring risk—and should also serve as a model for India.
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- July 1 2015
China Re set to launch first Chinese earthquake catastrophe bond
Bond is expected to be launched today and will provide cover to debut sponsor China Re on an indemnity basis, according to sources.
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- June 29 2015
Japan raises quake insurance premiums
Commencing Jan 2017, premiums to be raised by an average of 19%.
