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Emerging risks | Growth Opportunities | APAC Insurance

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Thursday, November 5, 2026

Nat Cat

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.
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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.
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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.
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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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Australia’s IAG trialling portable Starlink devices to strengthen disaster response
April 2 2025
Tech investment aimed at reducing claims processing delays during catastrophic events.
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Insurance losses from ex-TC Alfred and North Queensland floods surpass A$1.2bn
April 2 2025
The ICA reports over 104k claims lodged from the two nat cats so far, with around 95k of those from Alfred.
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Thai Re says Bangkok building collapse will not have a material impact on its financial position
April 2 2025
Reinsurer says its exposure does not exceed 1.4% of the contract value, based on calculation using PML.
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Insurers ready to deploy resources as Western Queensland hit with worst flooding in 50 years
April 1 2025
More rainfall is forecast, and the ICA is working with government agencies to assess the impact and support recovery efforts.
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Thai insurers reassessing earthquake coverage after Bangkok building collapse: Report
April 1 2025
Thai General Insurance Association says insurers are reviewing nat cat coverage and may separate earthquake and flood cover from fire policies.
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Thailand insurers assess Bangkok building collapse with damages expected to exceed US$29m: Report
March 31 2025
State Audit Office building reported to be insured under all risk policy for 2.2bn baht (US$65m).
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Aon estimates South Korean wildfire economic losses in the hundreds of millions of dollars
March 31 2025
Fires are ongoing but are already the most destructive in the country's history.
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7.7 magnitude earthquake causes significant loss of life and infrastructure damage in Myanmar, Thailand
March 29 2025
State of emergency declared in both countries, with epicentre near Sagaing, Myanmar and felt up to 2,000km away.
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