Feature

1H APAC NatCat losses trend above average, despite drop from 2022 highs: Munich Re

New Zealand hit hardest in APAC, but devastating earthquake in Turkey and Syria tops global NatCat losses in 1H 2023.

By Alfred Romann

July 27, 2023

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6 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.