Industry Segments: Catastrophe Page 42 / 50
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- February 25 2019
Sirius: Japan’s Jebi losses to exceed US$10bn
Claims have escalated from the powerful typhoon according to Sirius's CFO.
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- February 19 2019
Suncorp takes shorter-term view on nat cats
Chief exec Michael Cameron says frequency of weather events has increased “incredibly”.
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- February 15 2019
Nat cat update: Queensland flooding claims over A$600m
Claims from the Townsville disaster zone have rocketed this week.
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- February 14 2019
New South Wales’ fires wreak havoc
Over 400 firefighters have been battling 40 bushfires across the state.
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- February 11 2019
New Zealand battles worst bushfire for 60 years
Thousands forced to evacuate on South Island after worst wildfire since 1955.
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- February 4 2019
Record rain wreaks havoc in northern Queensland
The Insurance Council of Australia has declared a catastrophe in Townsville.
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- January 24 2019
Willis Re: Examining losses from 2018’s natural disasters
Insights into the impact of an active global natural catastrophe year on economic and insured losses.
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- January 24 2019
Nat cat losses hit US$255bn in 2018
17 natural disasters in Asia cost over US$1bn in economic losses last year.
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- January 17 2019
Business interruption scenarios advancing in complexity
Connected economies are leading to a more complex risk environment according to Allianz's Risk Barometer.
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- January 16 2019
Japan’s typhoons push Swiss Re’s 2018 claims bill to US$2.9bn
The claims burden from two powerful typhoons in Japan have increased by US$320m for the reinsurer.
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- January 11 2019
Asia hit for US$18.4bn of nat cat claims in 2018
Natural catastrophes in Asia accounted for 23% of the US$80bn global insurance bill.
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- January 8 2019
Tropical storm Pabuk hits energy production in Thailand
The unusually powerful tropical storm is unlikely to be a major insurance event.
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- January 4 2019
Extreme hailstorm hits Suncorp for A$250m
The Brisbane-headquartered insurer was hit by Australia's extreme weather in the second half of 2018.
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- January 4 2019
IAG increases annual catastrophe reinsurance by A$1bn
The Australian insurer has described its renewal terms as "relatively flat".
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- December 28 2018
Indonesia counts cost of deadly volcano and tsunami
Initial reports suggest that insured losses could be more than US$1bn.
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- December 27 2018
US$79bn of global insured disaster losses in 2018, says Swiss Re
It has been another year of costly disasters for the world's insurance market.
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- December 21 2018
Catastrophe declared for Sydney hailstorm
Insurers on the hook for tens of millions of dollars after the worst hailstorm in 20 years.
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- November 30 2018
Asian protection gap is world’s biggest
After a series of natural catastrophes this year, concerns about the region’s protection gap are bigger than ever.
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- November 29 2018
Nat Re and WTW collaborate on Philippines flood map
The two-year project aims to develop a catastrophe model for flood risk in the country.
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- November 26 2018
Jebi is costliest typhoon in Japan’s history
Japanese insurers have paid out around US$5.2bn for the late August storm.
