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Nat Cat
Reinsurers set to cover at least 30% of LA Wildfire insurance losses: Moody's
January 31 2025
However losses borne by reinsurers will be less than in previous years due to "significant increase" in attachment points since 2023.
MS Amlin expands Phoenix Re 3 ILS sidecar 12.5% to US$90m
January 29 2025
The Lloyd’s global specialist (re)insurer’s move follows a $35m ILS listing in Hong Kong at the start of January.
Asia Pac Nat Cat insured losses below trend in 2024
January 28 2025
Typhoon Yagi was Vietnam's costliest storm on record, but total natural disaster figures were lower than 2023.
Fubon Vietnam maintains positive earnings in 2024 despite Yagi challenges: AM Best
January 27 2025
Ratings agency affirms insurer’s IFS and ICR ratings with a stable outlook.
Taiping Re likely to see limited impact from LA Wildfires: Fitch
January 25 2025
China Taiping Insurance Group's ratings affirmed, with Taiping Re seeing marked improvement in combined ratio for the first three quarters of 2024.
ACIL calls for surplus funds from cyclone pool to be used for resilience programme
January 23 2025
Consumer lobby calls for Government to allocate AU$100m (US$62.8m) in cyclone resilience funding from upcoming budget.
LA Wildfires: insured losses projected up to US$45bn
January 21 2025
Industry losses estimated between US$10bn and US$45bn, with some Asia (re)insurers facing exposure.
Severe storms across Australia’s eastern states trigger surge in insurance claims
January 17 2025
Insurers mobilise after strong winds, hail hit New South Wales and Queensland.
Korean insurers could see losses of over US$70m from LA wildfires: Report
January 17 2025
DB Insurance and Korean Re among those exposed to losses from wildfires.
State conflict, environmental threats, and misinformation top global risks for 2025: World Economic Forum
January 16 2025
Insurers must navigate a complex risk environment shaped by state conflict and digital threats, says WEF.
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