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Insurers prepare for multi-million dollar payouts after Myanmar quake
The damage from this incident alone may lead to insurance claims surpassing THB1bn (around $29m), as reported by The Nation . The...
Apr 2, 20251 min read
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Powerful 7.7 magnitude earthquake and multiple aftershocks devastate the country
Myanmar's devastating earthquake death toll has crossed 1,640 as more bodies are recovered from rubble. The country and the neighbouring...
Apr 2, 20252 min read
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Higher reinsurance costs hit Philippines insurance
Global disasters contribute to rising costs Non-life insurance premiums in the Philippines may increase as global reinsurance costs rise,...
Mar 15, 20252 min read
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California wildfires seen to stoke insurance costs
The California fires may be miles away but the heat is felt by the local nonlife insurance sector, which is now projecting premium costs...
Mar 14, 20252 min read
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Rising reinsurance costs, fueled by climate change, could hike Philippine insurance rates
Worsening climate change could drive up the cost of insuring personal assets, creating a domino effect from rising reinsurance costs,...
Mar 13, 20252 min read
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Insurers warn of higher premiums
Worsening climate conditions and external uncertainties could prompt insurers to hike premiums, an industry group said on Wednesday....
Mar 12, 20252 min read
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Non-life insurance costs rising on high reinsurance
The costs of insuring personal assets against accidental losses could rise due to the increased reinsurance costs as climate change...
Mar 11, 20252 min read
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Recent disasters likely affecting insurance costs
Malayan Insurance chief operating officer Denden Tesoro (lady in black suit) and Philippine Insurers and Reinsurers Association executive...
Mar 10, 20252 min read
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