Nat Cat

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.

tonga-eyes-expanded-pcric-disaster-cover-with-us1m-premium-plan

Tonga makes commitment to expand parametric cover with PCRIC

July 21 2025

Proposed renewal would broaden Tonga’s parametric insurance to include drought for the first time.

Suncorp expands disaster response with new regional hub in Townsville

July 18 2025

Suncorp CEO Steve Johnston says the new facilities will improve the company’s ability to aid customers affected by extreme weather in the region.

seadrif-gallagher-re-partner-on-milestone-renewal-in-lao-pdr

SEADRIF, Gallagher Re partner on 'milestone' multi-peril parametric policy for Lao PDR

July 18 2025

Renewal expands coverage beyond flood and marks one of the first times government-reported human impact data serves as the trigger for payouts.

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.

hdi-global-descartes-launch-parametric-earthquake-cover-in-japan

HDI Global, Descartes launch parametric earthquake product in Japan

July 14 2025

Generali GC&C are acting as a key reinsurer for the solution.

australias-cyclone-pool-continues-expansion-as-alfred-drives-surge-in-claims

Australia's cyclone pool continues expansion as Alfred leads to record claims for scheme

July 14 2025

New ARPC data shows home, strata and SME sums insured all continued to rise in Q1 2025.

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.

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