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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, September 21, 2026

Nat Cat events

insurance-market-loss-from-cyclone-alfred-down-to-a1-92m-perils-estimates
PERILS revises estimated industry losses from Alfred down to A$1.92bn
September 12 2025
The latest estimate has been lowered from the previous loss projection of A$2.25bn.
global-reinsurers-focus-on-recovery-over-rapid-expansion-as-market-faces-elevated-nat-cat-losses-howden-re
Global reinsurers should prioritise disciplined recovery and innovation over expansion: Howden Re
September 10 2025
The sector faces a "hard market softening" environment, with risk-adjusted rates declining yet still elevated compared to the previous decade.
stamp-duty-reform-in-queensland-tops-ica-recommendations-to-productivity-commission
Stamp duty reform in Queensland tops ICA recommendations to Productivity Commission
September 8 2025
The ICA has noted that Queenslanders are projected to pay nearly A$1.7bn in stamp duty on insurance to the government in 2024-2025.
over-300000-nat-cat-impacts-trigger-seadrifs-us2m-parametric-payout-to-lao-pdr
SEADRIF pays out US$2m to Lao PDR under new sovereign parametric insurance policy
September 4 2025
The new policy, issued in May and developed in partnership with Gallagher Re, uses human impact data as the trigger for payouts.
am-best-revises-malayans-outlook-to-negative-on-dismal-underwriting-due-to-nat-cat-risks
AM Best revises Malayan Insurance's outlook to negative citing underwriting pressure from nat cat risks
August 25 2025
AM Best affirmed Malayan's ratings due to its strong balance sheet and investment portfolio, but warned of volatile underwriting results.
australian-consumer-group-urges-govt-to-add-flood-risk-in-cyclone-reinsurance-pool-review
Australian consumer lobby urges government to add flood cover to Cyclone Reinsurance Pool
August 21 2025
ACIL’s call follows Brisbane City Council’s update to its flood map, which has seen thousands of properties reclassified as higher risk.
Kyushu Floods1
Record Kyushu rainfall triggers mass evacuations as floods, landslides affect millions
August 13 2025
Over 3 million residents face evacuation orders after unprecedented downpour causes widespread damage across Japan's southwest.
typhoon-wipha-leaves-hong-kong-counting-economic-losses-of-up-to-hk2bn
Record Hong Kong downpour set to exceed Wipha claims: Report
August 7 2025
Insurers brace for significant claims after the SAR saw 358mm of rainfall, the highest in August since records began.
aon-forecasts-typhoon-co-may-to-cause-tens-of-millions-of-dollars-in-economic-losses-for-philippines-china
Aon estimates Typhoon Co-May to cause tens of millions of dollars in economic losses for Philippines, China
August 5 2025
Successive severe tropical storms in the Philippines resulted in approximately US$195m in economic damages, while flooding in China reached about US$2m in insured losses.
japan-evacuates-coast-after-8-8-quake-near-russia-sparks-tsunami-threat
Japan evacuates coast after 8.8 quake near Russia sparks tsunami threat
July 30 2025
Tsunami alerts now span multiple countries, with the U.S. West Coast and Hawaii also bracing for potential impact.
Global H1 nat cat insurance losses second-highest on record - Munich Re
Global H1 nat cat insurance losses second-highest on record: Munich Re
July 30 2025
Reinsurer estimates APAC’s three most costly natural catastrophes caused US$16.8bn in economic losses in the first half of the year.
china-launches-new-system-to-report-medical-insurance-fraud
Severe floods sweep Northern China, killing dozens and displacing tens of thousands
July 29 2025
Record-breaking rainfall has forced urgent evacuations.
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25 September