Given the low insurance take-up in the Philippines, especially for homes, the insurance industry expects to see a wide divergence between insured and economic losses due to the 7.8 magnitude offshore earthquake that struck the southern part of the country on 8 June 2026. The Philippine Insurers and Reinsurers Association (PIRA) in a communication on 08 June 2026 extended its deepest sympathies to the families, communities, and local governments of Southern Mindanao affected b

Beneath Manila Bay, 30 kilometers below the seafloor, the Manila Trench—a megathrust fault capable of producing a magnitude 9.0 earthquake—has been locked for over 500 years. When it ruptures, 13 million people will have just 20 minutes before a 15-20 meter tsunami strikes the coast. This is the earthquake and tsunami threat most Filipinos don't know about. And it's bigger than the Marikina Valley Fault. The Manila Trench is the same type of fault that caused the 2011 Japan t

The Filipino Department of Finance (DOF) has ordered all agencies, government financial institutions, and government-owned and controlled...

Beneath the waters of the South China Sea lies a silent threat — one capable of unleashing a disaster unlike anything we’ve seen before....

The Philippine Institute of Volcanology and Seismology (PHIVOLCS) warned that residents of coastal communities in the country’s eastern...

Insurance claims in Thailand stemming from the March 28 earthquake may reach up to THB50bn (approximately $1.37bn), the Thai General...

On January 1, 2024, my Japanese friend, Eizo Yamaguchi, invited us to celebrate New Year’s Day at his house in the suburbs of Nagoya,...