Nat Cat events

Guangdong flood insurance claims near US$100m

May 1 2024

Floods result in 34,700 claims worth 699m yuan (US$96.5m) so far, with 206m yuan disbursed in response to calls for swift claims handling.

April Guangdong floods could see economic losses in the hundreds of millions of USD - Aon

April 29 2024

Damage assessment continues, but financial toll on property, motor, and agriculture expected to be significant.

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QLD government launches AU$60m Strata Resilience Program to mitigate cyclone damage

April 25 2024

State and federal governments to fund AU$60m (US$38.9m) initiative to mitigate cyclone damage to North Queensland apartment buildings.

Taiwan records hundreds of Hualien earthquake aftershocks on Monday and Tuesday

April 24 2024

6.1 magnitude and 6.0 magnitude earthquakes in Hualien County recorded late Monday and early Tuesday.

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Better risk models and data needed to help curb rising nat cat losses: Capgemini

April 23 2024

Innovative underwriting and better data can help improve property insurer's combined ratio says new report.

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90% of Noto Earthquake claims investigated as of 31 March

April 22 2024

Latest figures from GIAJ show that approx. 115,000 of 128,000 claims investigated, with 81,000 claims now paid.

Guangdong initiates emergency measures to protect 127m residents as one-in-100-year flood looms

April 21 2024

Severe flooding set to worsen on Monday morning as China undergoes massive emergency effort to mitigate impact and save lives.

TSMC estimates US$92.44m loss from Hualien earthquake

April 20 2024

Lack of structural damage at world's largest semiconductor manufacturer helps minimise BI losses.

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Asia bears 40% of Q1 nat cat economic losses: Gallagher Re

April 18 2024

Japan's earthquake contributes US$12bn of Asia's US$17bn in natural catastrophe losses, according to preliminary data.

Strict and well-enforced building codes key to minimising Hualien earthquake losses: Guy Carp

April 15 2024

Disaster preparedness helps mitigate impact of the largest earthquake to hit the island in 25 years.

CoreLogic lowers Taiwan Earthquake loss estimate to US$500m-US$1bn

April 12 2024

CoreLogic revises initial US$5bn-US$8bn insurable loss estimate, aligning with more closely with other industry figures.

Taiwan earthquake losses unlikely to exceed those of 2016 Meinong quake: AM Best

April 11 2024

Industry estimates have varied dramatically, but AM Best anticipates insurance losses from 3 Apr earthquake will not exceed Meinong earthquake's US$500m in losses.

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