Insurers have so far counted US$170m in preliminary claims, but the country may need up to US$5bn, or around 10% of GDP, to rebuild after the disaster.
As operators assume greater responsibility for power infrastructure, insurers face new questions around batteries, construction, curtailment and BI coverage.
At least 177 have died and 826 are unaccounted for, with insurers estimating early claims for hydropower and construction projects at least in the hundreds of millions of rupees.
Pricing new mobility risks requires rating factors built for the technology, not retrofitted from old variables, industry experts said at the Asian Actuarial Conference 2026.
Actuaries must move beyond modelling and pricing, (re)insurance executives said at AAC2026, citing gaps exposed by the pandemic, climate volatility and AI
Regional insurers have proved AI can improve existing processes, but the technology's full promise lies in the harder work of making it core to how they operate.
