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Emerging risks | Growth Opportunities | APAC Insurance

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Tuesday, September 1, 2026

Nat Cat

asia-pacific-insurers-urged-to-improve-data-gaps-to-improve-nat-cat-risk-pricing
Asia Pacific insurers urged to address data gaps to improve nat cat risk pricing
August 29 2024
Industry experts highlight the importance of localised and granular data, with some suggesting more can be done by the region's carriers.
apra-outlines-plan-to-close-australias-household-insurance-protection-gap
APRA outlines plan to help close Australia’s household insurance protection gap 
August 28 2024
In its 2024-2025 corporate plan, the regulator emphasises the need for collaboration to improve affordability and strengthen the insurance industry’s resilience. 
rising-sea-levels-leave-nearly-500000-australian-properties-uninsurable
Rising sea levels leave nearly 500,000 Australian properties 'uninsurable'
August 28 2024
Study by Aon and Monash University highlights the importance of greater investment in climate models.
number-of-insurance-affordability-stressed-households-in-australia-rose-30-in-last-year-actuaries-institute
Number of insurance affordability-stressed households rises 30%: Australia's Actuaries Institute
August 27 2024
New report warns that the issue of affordability is bigger than insurance and could be a problem for lenders, regulators, and governments.
acil-calls-for-equitable-contributions-in-aprcs-cyclone-reinsurance-pool
Consumer watchdog calls for ‘equitable contributions’ in Australia's Cyclone Reinsurance Pool 
August 23 2024
ACIL has asked the Joint Select Committee to ensure residents of Northern Australia are considered during the review of the ARPC's premium rates.
high-loss-multiples-highlight-investors-persistent-cyber-cat-bond-uncertainty
High loss multiples highlight investor’s ‘persistent’ cyber cat bond uncertainty
August 22 2024
Loss multiples on cyber cat ILS are as much as three times higher than those found in similar nat cat linked securities.
extreme-weather-impact-on-australian-economy-has-tripled-over-the-last-30-years-ica
Australia's insured losses from catastrophe weather events triple to 0.7% of GDP over 30 years: ICA
August 19 2024
Despite a sharp increase in premiums, insurers' profits remain stagnant due to escalating natural catastrophe losses.
seadrif-endorses-yoshihiro-kawai-for-new-initiative-director-position
Yoshihiro Kawai formally appointed as SEADRIF Initiative Director
August 16 2024
Kawai takes on dual roles to fortify SEADRIF's impact on disaster risk finance and governance.
ica-calls-for-land-use-planning-reforms-to-mitigate-risk-from-natural-catastrophes
ICA calls for land-use planning reforms to mitigate risk from natural catastrophes
August 15 2024
In conjunction with the PIA, the Council urges collaboration between government and industry while emphasising need for the right resources and tools to reduce vulnerability. 
reinsurers-minimising-severe-convective-storm-losses-despite-increasing-threats-sp
Reinsurers minimising severe convective storm losses despite increasing threats: S&P
August 12 2024
Insured losses from global natural catastrophes in 2023 reached over US$100bn for the fourth consecutive year. 
global-nat-cat-insured-losses-hit-us60bn-in-1h-2024-swiss-re
Global nat cat insured losses hit US$60bn in 1H 2024: Swiss Re 
August 7 2024
Small to medium nat cat events were the primary driver of insured losses in the first half of the year.
insurers-have-settled-96-of-auckland-anniversary-and-cyclone-gabrielle-claims-icnz
Insurers have settled 96% of Auckland Anniversary and Cyclone Gabrielle claims: ICNZ
August 1 2024
Approximately 96% of total claims and 85% of claims value have been paid out from New Zealand's 2023 twin catastrophes.
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