Nat Cat events

Reinsurers set to cover at least 30% of LA Wildfire insurance losses: Moody's

January 31 2025

However losses borne by reinsurers will be less than in previous years due to "significant increase" in attachment points since 2023.

Asia Pac Nat Cat insured losses below trend in 2024

January 28 2025

Typhoon Yagi was Vietnam's costliest storm on record, but total natural disaster figures were lower than 2023.

Fubon Vietnam maintains positive earnings in 2024 despite Yagi challenges: AM Best

January 27 2025

Ratings agency affirms insurer’s IFS and ICR ratings with a stable outlook.

taiping-res-exposure-to-california-wildfires-likely-to-be-minimal-fitch

Taiping Re likely to see limited impact from LA Wildfires: Fitch

January 25 2025

China Taiping Insurance Group's ratings affirmed, with Taiping Re seeing marked improvement in combined ratio for the first three quarters of 2024.

Wildfire-damaged coastal buildings lie in ruins, with rubble, charred structures and a leafless tree beside the sea.

LA Wildfires: insured losses projected up to US$45bn

January 21 2025

Industry losses estimated between US$10bn and US$45bn, with some Asia (re)insurers facing exposure.

Severe storms across Australia’s eastern states trigger surge in insurance claims

January 17 2025

Insurers mobilise after strong winds, hail hit New South Wales and Queensland.

NatCat - 2023 Australias Christmas Storms

PERILS pegs final loss estimate for Australia's Christmas storms at AU$1.61bn

December 24 2024

Estimated industry losses of AU$1.606bn (US$1.01bn) increase slightly from third estimate of AU$1.563bn (US$960m) in July.

Vanuatu hit by 7.3-magnitude earthquake, widespread destruction reported

December 17 2024

The earthquake flattened buildings and caused disruptions to critical infrastructure, including power, communications, and diplomatic buildings.

Life insurers roll out relief measures for flood-affected policyholders in Malaysia

December 13 2024

These measures include extended premium payment timelines, interest waivers, and fee exemptions to support policyholders in recovery.

Bao Minh to maintain operating profit in 2024, despite Yagi losses

December 13 2024

AM Best affirms ratings, with Vietnamese insurer benefiting from reinsurance dependence and steady investment returns.

Historic floods ravage Malaysia and Thailand, displacing over 780,000

December 2 2024

Authorities from both countries brace for further rainfall as rescue efforts continue and insurance providers expedite support for affected communities.

Taiwan braces for Typhoon Kong-Rey with evacuations and closures

October 31 2024

Taiwan shuts down as Super Typhoon prompts evacuations and fears of landslides and flooding.

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