Nat Cat events

Typhoon Yagi's insurance claims top US$500m

September 16 2024

(Re)insurance industry facing losses of hundreds of millions in both China and Vietnam, but economic losses in the billions will far outstrip payouts, highlighting the significant regional protection...

China braces for Typhoon Bebinca after Yagi’s onslaught

September 13 2024

The typhoon is projected to hit the coastal areas between Zhejiang and Fujian.

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Bulk of Vietnam's Typhoon Yagi cat losses likely to be borne by reinsurers: AM Best

September 13 2024

Low attachment points mean losses unlikely to impact domestic carrier's capital, with reinsurance appetite for regional nat cat risks to be tested at 1/1 renewals.

Typhoon Yagi causes US$11bn in economic Losses in China's Hainan Province: Report

September 13 2024

Storm directly affected 400,000 people, or 96% of the population, in northwestern Lingao county.

Typhoon Yagi causes devastation in the Philippines, strengthens as it heads toward China

September 5 2024

Typhoon Yagi triggered deadly floods and landslides in the Philippines, leaving 15 dead and 21 missing, and causing millions of USD in agricultural losses.

Insurers have settled 96% of Auckland Anniversary and Cyclone Gabrielle claims: ICNZ

August 1 2024

Approximately 96% of total claims and 85% of claims value have been paid out from New Zealand's 2023 twin catastrophes.

Typhoon Gaemi wreaks havoc across the Philippines, makes double landfall in Taiwan

July 25 2024

Following an unusual path, Gaemi has caused loss of life, maritime disasters, and widespread damage.

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Chongqing struck by floods as China reports over US$13bn in nat cat losses in H1 2024

July 14 2024

Chongqing's record rainfall is the latest in a series of extreme weather events that have affected 33 million people in China this year.

Insurance claims for June floods in southern China reach US$440m: NFRA

July 12 2024

Insurers have received 95,000 claims, with 1.1bn yuan (US$151m) in payments and pre-payments isssued so far, says regulator.

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One in 200 year downpours hit South Korea, causing landslides and flash floods

July 10 2024

Torrential rains in South Korea's southern regions lead to the deaths of five people, thousands evacuated, and widespread disruption.

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