Property

Screenshot of Korea Meteorological Monitor as of 20 July 2025

South Korea’s non-life insurers and conglomerates aid flood-hit regions after 'once-in-a-century' storms

July 23 2025

President Lee Jae-Myung has declared six districts as special disaster zones due to the record-setting rains.

Global catastrophes drive near-record insurance losses worldwide in H1 2025

July 22 2025

Major events in Australia, Myanmar, and Thailand drove significant insured and economic losses in APAC during the first half of 2025.

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.

tokio-marine-amp-nichido-to-offer-wildlife-damage-insurance-policy

Tokio Marine to launch insurance for property damage from bear control operations

July 21 2025

New policy follows legal changes expanding the use of rifles for wildlife control in urban areas amid rising bear attacks.

AM Best revises outlook for PICC HK to 'Positive' on diversified business, capital strength

July 21 2025

The insurer achieved a 65% growth in GWPs from 2020 to 2024.

chinese-regulator-requires-unified-reporting-and-sales-in-non-auto-insurance

China's NFRA proposes unified reporting and sales rules for non-life insurers

July 18 2025

The new standard would require insurers to sell products at prices that match pricing and expense assumptions filed with regulators, but exclude specified lines such as motor and agriculture.

Personal accident surges 85% in India’s GI market in June

July 17 2025

Fire, engineering, and liability insurance all posted double-digit growth in June.

new-research-on-deadly-volcanic-clouds-could-impact-future-loss-models-in-auckland

New volcanic cloud research may alter New Zealand insurers' loss calculations, says NHC

July 15 2025

The NHC is working with scientists to update Auckland’s volcanic risk models after new findings on base surge distances.

hdi-global-descartes-launch-parametric-earthquake-cover-in-japan

HDI Global, Descartes launch parametric earthquake product in Japan

July 14 2025

Generali GC&C are acting as a key reinsurer for the solution.

un-unveils-net-zero-transition-guide-for-reinsurers-brokers

Forum for Insurance Transition to Net Zero unveils net-zero transition guide for (re)insurers, brokers

July 14 2025

The guide features examples of de-risking the transition, climate adaptation, electric mobility, and other broader sustainability practices.

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