Nat Cat events

bao-viet-insurance-posts-11-8-return-on-equity-in-2024-despite-typhoon-yagi-am-best

AM Best assigns Bao Viet Insurance B++ ratings on solid operating results despite losses from typhoon Yagi

July 25 2025

Disciplined underwriting and a clear reinsurance strategy support the ratings of Vietnam's second-largest non-life insurer.

File photo: Seocho-gu, Seoul, South Korea - August 6, 2020: Flood of Han River at Banpo Han River Park against high rise apartments

Motor insurance under pressure as flood losses surpass US$21m in flood-battered South Korea

July 24 2025

Over 3,000 claims have been made to non-life insurers as of Monday, 21 July.

Philippines storm, flooding displaces 800,000 and causes widespread agriculture and infrastructure damage

July 23 2025

Over 20,000 people remain in evacuation centres as authorities report rising economic losses and ongoing search efforts for missing persons.

Screenshot of Korea Meteorological Monitor as of 20 July 2025

South Korea’s non-life insurers and conglomerates aid flood-hit regions after 'once-in-a-century' storms

July 23 2025

President Lee Jae-Myung has declared six districts as special disaster zones due to the record-setting rains.

Rising premiums persist despite cyclone pool reducing costs for Australia's high-risk areas: ACCC

July 22 2025

The ACCC highlighted that average premiums for home and strata are generally rising across Australia.

Global catastrophes drive near-record insurance losses worldwide in H1 2025

July 22 2025

Major events in Australia, Myanmar, and Thailand drove significant insured and economic losses in APAC during the first half of 2025.

typhoon-wipha-leaves-hong-kong-counting-economic-losses-of-up-to-hk2bn

Asia feels Typhoon Wipha’s toll, but HK insurance claims forecast well below Saola

July 22 2025

Wipha left a trail of damage across multiple countries, forcing evacuations, suspending flights and highlighting ongoing nat cat risks.

new-research-on-deadly-volcanic-clouds-could-impact-future-loss-models-in-auckland

New volcanic cloud research may alter New Zealand insurers' loss calculations, says NHC

July 15 2025

The NHC is working with scientists to update Auckland’s volcanic risk models after new findings on base surge distances.

economic-loss-from-typhoon-danas-expected-to-be-in-the-hundreds-of-millions-of-us-aon

Aon estimates economic losses from Typhoon Danas in the lower hundreds of millions

July 11 2025

Typhoon caused deaths, injuries, and widespread damage in Taiwan and China, with insured losses expected across agriculture, infrastructure, and motor lines.

Typhoon Danas drives nearly US$50m in agricultural economic losses in Taiwan

July 11 2025

Chiayi County and Tainan were the hardest hit, with combined damage exceeding 65% of losses.

Typhoon Danas triggers swift insurance response in Taiwan

July 7 2025

Typhoon left at least two dead, hundreds injured and nearly 400,000 households without power.

thai-general-insurance-sees-up-to-294bn-baht-premium-growth-amid-earthquake-recovery-trade-woes

Sector will adapt to volatility amid emerging nat cat and cyber risks, says Thai General Insurance Association

July 4 2025

The association is expecting the industry to book modest growth this year.

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