Climate

perils-puts-late-2025-queensland-nsw-storm-losses-at-a2-943bn-in-third-estimate

PERILS puts late-2025 Queensland/NSW storm losses at A$2.94bn in third estimate

May 27 2026

Personal lines property drove most of the losses, while motor claims were only 12% despite hailstones up to 14cm.

FM rolls out worldwide hail hazard map as losses climb

May 25 2026

The map uses 500,000+ observations to add detail on hailstone size and impact energy for sharper risk assessment.

willis-global-parametrics-pay-vietnam-coffee-farmers-after-heavy-rainfall

Willis, Global Parametrics, Bao Minh policy pays out to Vietnamese coffee farmers after heavy rainfall

May 21 2026

This marks a second parametric payout to Vietnamese coffee farmers, highlighting expanding climate risk protection through separate policies.

el-nino-expected-to-lift-typhoon-risk-for-greater-china-korea-and-japan-munich-re

Developing El Niño expected to lift typhoon risk for Greater China, Korea, Japan — Munich Re

May 21 2026

The phenomenon could strengthen into a “Super El Niño” by the end of the year and drive a more active Northwest Pacific typhoon season.

us100000-drought-payout-in-nepal-signals-growing-insurance-role-in-climate-resilience-finance

Global Parametrics-developed insurance policy delivers US$100,000 payout to Nepal communities

May 14 2026

The payout marks Nepal’s first use of a parametric drought insurance policy, stakeholders said, with funds supporting food aid and farming tools in Bajura district.

JBA launches global climate change flood maps

April 22 2026

New mapping tools allow (re)insurers to explore physical climate risk, identify spatial patterns and hotspots, and compare impacts under different climate scenarios.

australias-home-insurance-gap-widens-amid-surging-premiums-rising-risks

Australia’s home insurance gap widening amid surging premiums, rising risks — S&P

April 2 2026

Ratings agency notes that more households are dropping or reducing cover as living costs and extreme weather drive affordability pressures.

icnz-urges-faster-climate-adaptation-to-protect-insurability-in-new-zealand

ICNZ calls for delivery on adaptation plans amid rising storm losses

March 30 2026

Review says 71% of New Zealanders expect natural disasters to worsen, while 65% accept premiums may rise as weather losses and rebuilding costs increase.