Nat Cat

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.

japans-insurance-industry-to-top-us400bn-in-2029-globaldata

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.

iags-wfi-insurance-donates-us250000-to-aid-western-queensland-flood-relief

WFI Insurance donates A$250,000 to aid Western Queensland flood relief

April 5 2025

IAG subsidiary supports Rural Aid's efforts to deliver immediate assistance to flood-stricken farming communities.

axa-working-to-develop-sustainability-linked-insurance-product-to-incentivise-climate-resilience

AXA, Marsh pilot sustainability-linked insurance product to incentivise climate resilience

April 4 2025

New white paper from AXA, Marsh, and Link AM urges more climate resilience and climate mitigation in underwriting models.

Flooded tennis courts and building in St Lucia, Queensland during 2022 floods.

Verisk acquires Nasdaq NRMC's cat model platform

April 3 2025

Acquisition allows Verisk to offer access to over 300 third-party models on the Nasdaq Risk Modelling for Catastrophes suite.

Allianz says Thailand’s Nat Cat risk steady, but climate change may ‘reshape’ risk assessment: Report

April 3 2025

However climate change is likely to raise Thailand’s exposure to floods and windstorms, says CEO.

Myanmar earthquake to spark risk reassessment in cities far from fault lines: Moody's

April 3 2025

Earthquake caused the collapse of an under-construction building in Bangkok, 1,000km away from epicentre.

South Korea wildfires to have limited impact on insurers' ratings, says S&P

April 3 2025

However, more extreme events this year could strain earnings and increase reinsurance costs, rating agency says.

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