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Glacial lake floods threaten 15m people globally
Over 15m people, with more than half of these living in China, India, Pakistan and Peru, are at risk from flooding caused by glacial...
Feb 15, 20232 min read
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Munich Re expects 6 Feb earthquakes to cost economic losses in the billions of dollars
It is still too early to estimate the total economic and insurance impact of this significant event. However, based on the widespread...
Feb 14, 20232 min read
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Insurable losses from earthquake could exceed US$4bn, with insured losses about $1bn
Insurable losses from the 6 February earthquakes that hit Turkiye and Syria are hard to estimate as the situation is evolving, but they...
Feb 13, 20232 min read
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Swiss Re's market event for key clients
Swiss Re hosted a market event for its key clients last 7 Feb 2023 at The Peninsula Manila focusing on the topic "Closing the Nat Cat...
Feb 13, 20231 min read
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Natural disasters caused $313bn economic loss in 2022
Climate change driven natural disasters caused global economic losses of $313bn in 2022, according to a new report by insurance broker...
Feb 8, 20231 min read
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APAC reinsurance hindered by natural hazard losses and inflation
With APAC's exposure to extreme weather events leading to unsustainable natural hazard losses and high inflation worsening them,...
Feb 3, 20232 min read
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4Q2022 composite insurance pricing rises slowly but cyber insurance premiums soar
Insurance pricing in the fourth quarter in Asia increased by 2%, the same as in the prior quarter, according to the 4Q2022 "Global...
Feb 3, 20232 min read
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Latest News on NAT CAT
1. Nat CAT insured losses reach US$11bn in the region in 2022 Preliminary data totals across Asia Pacific showed an insured loss for 2022...
Jan 31, 20234 min read
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