Climate

Close-up map of southern China showing Guangzhou, Shenzhen, and Hong Kong with road lines and coastlines.

Typhoon Noul drives Shenzhen losses, Guangdong catastrophe prepayments

July 27 2026

In Shenzhen alone, insurers received 1,212 claims worth CNY18.37m (US$2.71m).

Close-up of a world globe focusing on Southeast Asia and Australia, with red travel routes drawn over the map.

APAC insurers face capital squeeze as market, regulatory and catastrophe risks rise: S&P

July 22 2026

Flexible capital tools, reinsurance and selective investment shifts are becoming central to how insurers protect balance sheets and manage volatility.

Fallen tree blocking a city street after a typhoon in China, causing disruption.

China insurers field 380,000 claims as July typhoon, flood claims approach US$1bn

July 17 2026

The figures cover losses from typhoons Maysak and Bavi and wider July flooding, with insurers having already advanced CNY2.89bn (US$427m) to policyholders across Zhejiang, Guangxi and Hubei.

Satellite image of a large hurricane swirling over the western Pacific near the Philippines and East Asia.

Typhoon Bavi: Zhejiang-based insurers pay US$11m as claims mount

July 16 2026

Ping An’s claim count surged more than fivefold in two days as insurers continued assessing losses from the storm.

Close-up of a political map focusing on China and surrounding countries, with India to the southwest.

Typhoon Bavi triggers 6,000 early claims as Zhejiang begins recovery

July 13 2026

China's insurers are processing thousands of claims following Typhoon Bavi's landfalls in Zhejiang, with Ping An, PICC and China Pacific reporting early losses and payouts.

Map showing China in yellow surrounded by neighboring countries in pink and purple, including India, Mongolia, Korea, and Japan on a globe-like projection

China's July floods drive 320,000 claims, US$323m in payouts so far

July 10 2026

Reservoir breaches from Typhoon Maysak drove much of the loss, with insurers bracing for more as Typhoon Bavi approaches.

Map of China with a small Chinese flag pinned to mark a location on the country outline and surrounding regions nearby in orange and blue seas.

China's insurers fast-track claims after deadly Guangxi floods, Hubei tornadoes

July 10 2026

Ping An P&C alone has reported more than 10,000 claims worth an estimated CNY110m (US$16.17m).

Close-up map highlighting the island nation of Tonga with two red pushpins nearby.

Tonga's expanded drought policy triggers PCRIC payout after Niua rainfall shortfall

July 7 2026

It marks the country's second payout from the regional insurer, and the first under drought cover it added only at this year's renewal.

Three young women walk along a busy street with pink scarves draped over their heads; one looks down at a phone while the others adjust their scarves as cars pass by in the background.

Parametric heat insurance triggers payouts for over 39,000 women workers in India

July 3 2026

A total of ₹2.06m (US$21,700) was paid to insured women workers across Gujarat and Delhi.

Street flooded by heavy rain with people wading and riding motorcycles amid submerged vehicles and buses under gray skies.

Philippines' Insurance Commission calls for stronger climate resilience as catastrophe risks intensify

June 26 2026

Insurance Commissioner Regalado said insurers need to adjust underwriting, pricing, reserving and capital management to better reflect future climate-related risks.

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