Climate

ARPC proposes 2.9% rise in annual cyclone pool premium to A$770m

ARPC proposes 2.9% rise in cyclone pool premiums, with cuts for high-risk properties

October 2 2026

Average pool premiums for high-risk properties would fall by A$85 (US$59) to A$897, while low-risk properties would pay A$11 more.

Aon bets on floor-height data to refine home flood premiums in Australia

September 25 2026

The broker says more granular property-level data could help insurers distinguish between homes that share the same floodplain but face very different levels of exposure.

Four killed as typhoon Dujuan triggers landslide in Japan, dozens injured – report

Typhoon Dujuan brings record rain to Japan, leaves 4 dead

September 22 2026

The storm disrupted travel across eastern Japan and forced the cancellation of major cultural and gaming events.

Vietnam raises agricultural insurance premium subsidies to 95% under revised rules

Vietnam expands agricultural insurance coverage, raises subsidies under revised rules

September 18 2026

The revised framework expands eligible risks and strengthens provisions for index-based agricultural insurance from 20 October.

China targets 90% grain crop insurance coverage under 2030 agriculture plan

China sets 1.9% penetration target, 20% expense ratio cap for agricultural insurance

September 15 2026

The plan also calls for expanded market-based reinsurance, stronger catastrophe protection, and greater technology investment across the agricultural insurance sector.

Solomon Islands receives US$250,000 PCRIC payout after excess rainfall trigger

PCRIC releases US$250,000 parametric payout to Solomon Islands after rainfall trigger

September 14 2026

The payment was triggered by early-August rainfall affecting Malaita and Makira-Ulawa.

https-reinasia-com-thailand-disaster-scheme-to-add-thb15bn-in-premiums-shift-most-risk-overseas

Thailand disaster scheme to add THB15bn in premiums, cede most risk to overseas reinsurers

September 11 2026

International reinsurers are expected to absorb over 93% of the proposed programme's THB75bn (US$2.27bn) exposure, with domestic carriers retaining only a small portion of the risk.

ASIC to review disaster-area insurance claims intermediaries under new corporate plan

ASIC identifies disaster-area insurance claims handling as focus area for 2026-27

September 10 2026

Life insurance servicing, AI-related risks, and regulatory efficiency are also among ASIC’s key areas of focus for 2026–27.

IA launches climate insurance lab as Hong Kong pushes climate resilience agenda

September 9 2026

The Climate Insurance Lab will build shared data infrastructure, develop regulatory guidance, and run a product innovation platform for insurers.

A vast rice paddy field with young plants and water channels.

Philippine crop insurer sets aside US$3m for weather-related claims

September 8 2026

Rice-related claims make up the bulk of the payouts at PHP132.9m (US$2.12m), ahead of high-value crops and corn.

Thailand backs US$465m disaster insurance scheme for 30m households

Thailand backs US$2.2bn disaster insurance scheme for 30 million households

September 3 2026

The scheme is intended to shift disaster financing away from post-event relief towards pre-arranged insurance protection

Australia rebuild costs rise 30% as disaster repairs strain housing capacity

Australia home insurance premiums face pressure as rebuild costs rise 30%

September 1 2026

Roof tiles have risen 77% in five years and Queensland build costs went up around 45% since 2021, with insurers receiving 409,094 home claims worth A$11.3bn (US$8.1bn) since 2022, according to ICA fig...

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