Nat Cat

claims-from-cyclone-alfred-north-queensland-floods-reach-a1-5bn-ica

IAG lifts FY25 profit guidance on lower natural perils losses

July 1 2025

The lower-than-anticipated claims burden is set to significantly lift the company’s full-year profit and margin guidance.

IAG chief calls for long-term solutions, global reinsurance to help tackle rising nat cat risks

June 27 2025

Nick Hawkins says insurance is becoming increasingly inaccessible, particularly for those living in high-risk areas in Australia.

nsw-qld-commit-billions-to-disaster-resilience-amid-insurance-tax-burden

Australia's insurance industry welcomes new disaster funding

June 25 2025

State and federal governments have pledged billions to support flood-hit communities and help address rising insurance costs.

652000-australian-properties-now-uninsurable-or-unaffordable-to-insure-climate-change-authority

589,000 Australian properties at risk of becoming uninsurable, Climate Change Authority says

June 24 2025

CCA warns of mounting risks for Australian property owners as climate hazards drive insurance premiums and underinsurance to critical levels.

wild-weather-claims-in-2025-already-above-2024-full-year-figure-nrma

Wild weather claims in 2025 already above 2024 full-year figure: Australia's NRMA

June 19 2025

Ex-Tropical Cyclone Alfred and severe storms have driven a surge in claims across eastern Australia so far this year.

fathom-adds-future-climate-risks-in-global-flood-cat-model

Fathom adds future climate risk simulations to global flood cat model

June 18 2025

The upgrade enables insurers and financial institutions to assess flood exposure and losses under different climate scenarios up to 2100.

australian-flood-estimation-guidelines-revised-to-reflect-climate-change

Battery Ventures invests in Descartes Underwriting

June 18 2025

Descartes says it will use funding from the tech investment firm to support its global parametric insurance growth.

A$1.44bn in insurance losses estimated following ex-Tropical Cyclone Alfred: ARPC

June 18 2025

Cyclone pool has received more than 68,000 claims and has already commenced making payments to insurers.

insurance-losses-from-cyclone-alfred-total-a2-25bn-says-perils

PERILS lowers Cyclone Alfred loss estimate to A$2.25bn for Australian insurers

June 12 2025

The industry data provider's initial loss estimate has been revised downward by 12%.

qbe-enters-us1-6bn-reserve-deal-with-riverstone-and-enstar-to-de-risk-exposure

QBE Asia partners with IFC to promote property insurance resilience in Asia Pacific

June 12 2025

QBE becomes the first insurer to join the BRI program.

Global: Beazley taps Stefan Wunderlich to lead global parametric insurance expansion

June 11 2025

He joins from Swiss Re, where he held several senior positions, including initiatives focused on the development of parametric solutions for corporate clients.

new-zealand-secures-nz10-3bn-in-reinsurance-to-protect-homeowners-from-natural-disasters

NZ's Natural Hazards Commission secures NZ$10.3bn in reinsurance for 2025 renewal

June 9 2025

Figure is NZ$1.15bn (US$690m) higher than the previous year's total reinsurance cover.

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