Nat Cat

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Q1 global nat cat insurance losses second-highest on record as APAC faces rising disaster risks: Aon

April 19 2025

While US events drove majority of insured losses, Asia Pacific events exposed persistent gaps in insurance coverage and heightened humanitarian risks.

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SEADRIF, PCRIC, global peers secure US$5.3m grant grant to boost joint climate resilience efforts

April 16 2025

Grant agreement looks to strengthen global collaboration among regional risk pools, enhance technical capacity, and improve access to risk capital.

climate-risks-push-650000-australian-properties-toward-uninsurability-report-warns

Climate risks push 650,000 Australian properties toward uninsurability in 2025, report warns

April 16 2025

Climate Council and Climate Valuation report that 4.4% of the country's housing stock is high risk, posing a threat to long-term insurability.

Over 5,000 insurance claims lodged after South Korea wildfires, assessments ongoing: Report

April 14 2025

Crop loss claims dominate claims following wildfires in Uiseong and Sancheong Counties.

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Global reinsurers well equipped to manage tariff-driven market volatility: S&P

April 12 2025

Report highlights that global reinsurers' strong capital positions, conservative investments should help mitigate effects of trade tensions and nat cats in 2025.

Korean insurers consider launching earthquake cover following Japan quake: Report

April 9 2025

Earthquake cover is not currently a stand-alone product in the market, but recent events are prompting a reassessment of risk.

Swiss Re to be appointed co-investment manager of GAM’s ILS fund range

April 8 2025

Swiss Re will handle investment and portfolio management, while GAM will oversee risk and manage global distribution and product structuring.

Cyclone Alfred leads to largest number of property claims in RACQ's history

April 8 2025

Insurer's losses estimated up to A$220m (US$133m), with Cyclone Reinsurance Pool expected to cover most of the figure.

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APAC cedents capitalise on softening market at April renewals

April 7 2025

Carriers secured favourable reinsurance terms amid strong competition and abundant capital, though rising catastrophe losses could limit future rate reductions.