Nat Cat

Reinsurers achieve highest returns on equity in over a decade

August 30 2024

Reinsurers ‘excellent’ ROE in 2023 was down to better underwriting results and the rollback of unrealised investment losses.

australian-flood-estimation-guidelines-revised-to-reflect-climate-change

Australian flood estimation guidelines revised to better account for climate change

August 29 2024

Updated Australian Rainfall & Runoff guidelines say unadjusted historical observations are no longer suitable for flood estimations.

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 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 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.

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