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Nat Cat events
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.
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.
Australian summer nat cat bill surpasses AU$1.6bn
April 10 2024
Cyclone Jasper, Valentine's Day storms, and Christmas Storms have seen a combined 130,000 claims.
ICA Declares 'Significant Event' as NSW severe storms hit 11,500 claims
April 10 2024
11,527 claims to date, but still too early to estimate insurance losses, says Insurance Council of Australia.
Taiwan earthquake highlights importance of disaster resilience: Moody's Analytics
April 10 2024
While possibilities of semiconductor production delays remain, lessons learned from 1999 Jiji earthquake have made Taiwan more resilient.
Taiwan's property insurers poised to maintain stability despite early industry loss estimates up to US$8bn
April 8 2024
Early loss estimates vary from hundreds of millions up to US$8bn, but industry should be well positioned to absorb impact.
Sydney hit with severe flooding as torrential rains prompt evacuations and rescues
April 7 2024
Torrential downpours in NSW lead to overflowing dams, hundreds evacuated, and government announcement of a disaster recovery package.
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