Property

PERILS estimates A$2.57bn in insured losses from Cyclone Alfred

April 23 2025

Estimate makes Aflred the country's second largest industry loss, on an adjusted basis, since Cyclone Tracy in 1974.

OneDegree targets full-year profitability in 2025 after five years of rapid growth

April 23 2025

Hong Kong digital insurer reports a 27-fold revenue increase since 2020, driven by pet insurance expansion, operational efficiency, and product diversification.

perils-ag-updates-ied-2025-to-include-scs-exposures-in-japan-and-new-zealand

PERILS updates industry exposure database to include SCS exposures in Japan and New Zealand

April 21 2025

The expansion also incorporates property and motor hull exposures.

japans-p-and-c-insurers-on-stable-footing-as-rate-hikes-and-overseas-strength-drive-earnings-moodys

Japan’s P&C insurers on stable footing as rate hikes and overseas strength drive earnings: Moody’s

April 21 2025

Domestic P&C profitability is recovering, with fire insurance supported by recent premium rate hikes and shorter policy durations

climate-risks-push-650000-australian-properties-toward-uninsurability-report-warns

Climate risks push 650,000 Australian properties toward uninsurability in 2025, report warns

April 16 2025

Climate Council and Climate Valuation report that 4.4% of the country's housing stock is high risk, posing a threat to long-term insurability.

Vietnam general insurance market set to reach US$3.9bn by 2029: GlobalData

April 15 2025

The firm forecasts a 7% CAGR for Vietnam’s general insurance sector, driven by health, property and EV cover.

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.

Cyclone Alfred leads to largest number of property claims in RACQ's history

April 8 2025

Insurer's losses estimated up to A$220m (US$133m), with Cyclone Reinsurance Pool expected to cover most of the figure.

axa-working-to-develop-sustainability-linked-insurance-product-to-incentivise-climate-resilience

AXA, Marsh pilot sustainability-linked insurance product to incentivise climate resilience

April 4 2025

New white paper from AXA, Marsh, and Link AM urges more climate resilience and climate mitigation in underwriting models.

Malaysia: Insurers expedite claims, waive requirements after Putra Heights explosion

April 3 2025

The blaze caused by a gas pipeline rupture engulfed a 500-metre stretch, injuring over 300 people.

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