Nat Cat

seadrif-fao-and-asean-nations-to-assess-southeast-asia-agricultural-risk-finance-facility

SEADRIF, FAO and ASEAN nations explore Southeast Asia agricultural risk finance facility

February 26 2025

The proposed facility aims to enhance climate resilience in Southeast Asia’s agricultural sector by addressing funding gaps and improving access to risk finance solutions.

banks-face-potential-a200-million-risk-from-underinsured-mortgages-says-sampp

Australian banks face potential A$200m risk from underinsured mortgages, says S&P

February 25 2025

Banks’ inability to monitor homeowners’ insurance coverage creates hidden risks for regional lenders, says S&P.

munich-re-names-hanh-nguyen-as-head-of-treaty-pampc-underwriting-for-south-east-asia-and-india

Munich Re names Hanh Nguyen as Head of Treaty P&C underwriting for South-East Asia and India

February 24 2025

Nguyen to succeed Joachim Zagrosek who is moving to Munich to lead P&C Treaty Underwriting for Germany.

Insurers still receiving new claims three years after historic Lismore floods

February 17 2025

More than 99% of 242,000 claims now settled, but ICA says a small number of new claims still emerge each month.

Australian Reinsurance Pool Corporation launches first reconciliation action plan

February 17 2025

The initiative aims to improve insurance accessibility and engagement with Aboriginal and Torres Strait Islander communities.

NZ insurers call for better data sharing after record North Island disasters

February 14 2025

ICNZ report highlights need for legislative changes to enhance information flow and access to disaster sites.

Australian consumer lobby calls for expansion of cyclone pool coverage

February 14 2025

ACIL urges increased coverage caps and inclusion of sectors such as marine.

western-australias-pilbara-coast-on-high-alert-as-cyclone-zelia-reaches-category-five

Western Australia's Pilbara coast on high alert as Cyclone Zelia intensifies to category five

February 13 2025

Major ports close with cyclone expected to make landfall on Friday evening.

ica-reports-over-1400-claims-for-north-queensland-floods

North Queensland flood-related claims exceed 5,690

February 11 2025

The ICA and its members have expanded in-person claims support across flood-hit North Queensland.

IAG's Firemark Ventures invests in 7Analytics

February 11 2025

Investment in insurtech aligns with IAG’s plan to improve underwriting and streamline flood-related claims.

Cat risk modelling puzzle for China’s booming EV insurance market

February 10 2025

Lithium-ion batteries are very vulnerable to flood risk compared with traditional petrol powered vehicles.

APAC (re)insurers face minimal ratings impact from LA Wildfires: Fitch

February 7 2025

Japanese insurers expected to account for approximately 3% of insured wildfire loss.

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