Analysis, Climate, Market report, Nat Cat, Nat Cat events, News, Non-life

APAC nat cat risks remain high despite low H1 losses – Munich Re

Regional losses of US$8.7bn in H1 came in at about a quarter of the 10-year average, but the reinsurer says strengthening El Niño conditions leave Japan, Korea, Greater China and Australia exposed through the rest of the year.

Reih Angeles

July 30, 2026

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4 min read

Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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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.