Agriculture

Philippines storm, flooding displaces 800,000 and causes widespread agriculture and infrastructure damage

July 23 2025

Over 20,000 people remain in evacuation centres as authorities report rising economic losses and ongoing search efforts for missing persons.

typhoon-wipha-leaves-hong-kong-counting-economic-losses-of-up-to-hk2bn

Asia feels Typhoon Wipha’s toll, but HK insurance claims forecast well below Saola

July 22 2025

Wipha left a trail of damage across multiple countries, forcing evacuations, suspending flights and highlighting ongoing nat cat risks.

economic-loss-from-typhoon-danas-expected-to-be-in-the-hundreds-of-millions-of-us-aon

Aon estimates economic losses from Typhoon Danas in the lower hundreds of millions

July 11 2025

Typhoon caused deaths, injuries, and widespread damage in Taiwan and China, with insured losses expected across agriculture, infrastructure, and motor lines.

Typhoon Danas drives nearly US$50m in agricultural economic losses in Taiwan

July 11 2025

Chiayi County and Tainan were the hardest hit, with combined damage exceeding 65% of losses.

ping-an-launches-global-version-of-disaster-risk-platform-eaglex

Ping An P&C launches global version of disaster risk platform EagleX

May 21 2025

Platform uses AI and remote sensing data to help manage natural catastrophe risks.

china-united-property-insurance-capital-strength-rises-to-228-despite-market-risks-fitch

China United Property Insurance's comprehensive solvency ratio rose to 228% in 2024: Fitch

April 29 2025

The ratings agency affirmed the insurer’s IFS at BBB+ with a stable outlook.

Over 5,000 insurance claims lodged after South Korea wildfires, assessments ongoing: Report

April 14 2025

Crop loss claims dominate claims following wildfires in Uiseong and Sancheong Counties.

insurers-on-alert-as-western-queensland-faces-catastrophic-flooding

Insurers ready to deploy resources as Western Queensland hit with worst flooding in 50 years

April 1 2025

More rainfall is forecast, and the ICA is working with government agencies to assess the impact and support recovery efforts.

Fitch Ratings upgrades Zhongyuan Agricultural Insurance's outlook to positive

March 22 2025

Outlook upgrade supported by profitable underwriting and increased investment income.

china-focuses-on-parametric-in-agricultural-risk-as-premiums-breach-150-billion-yuan

China pushes for more parametric agricultural solutions, as premiums breach 150 billion yuan

March 14 2025

National People's Congress calls for diversification of agricultural insurance types and enhanced data infrastructure.

fmg-insurances-underwriting-performance-improves-am-best

FMG Insurance showing 'significantly' improved underwriting performance: AM Best

March 6 2025

New Zealand-based rural insurer sees ratings affirmed amid strong recovery since 2023 nat cat losses.

vikas-mahajan-appointed-as-new-head-of-agriculture-of-scor-pampc

Vikas Mahajan appointed as global Head of Agriculture of SCOR P&C

February 26 2025

A former SCOR Singapore executive, Mahajan succeeds René Kunz, who retires after nearly 20 years.

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