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Nat CAT could lead to "insurance retreat" leaving thousands of properties unprotected
An estimated 10,000 coastal properties in Auckland, Wellington, Christchurch, and Dunedin could become uninsurable by 2050 due to coastal...
Nov 13, 20243 min read
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Global industry insured losses in 2024 could exceed US$100bn due to Hurricane Milton
Hurricane Milton will push global industry insured losses thus far in 2024 to over $100bn, which is the fifth consecutive year losses...
Oct 17, 20242 min read
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Global reinsurers' losses should stay within 2024 catastrophe budgets despite Milton
Global reinsurers will feel the impact of Hurricane Milton, S&P Global Ratings (S&P) has said but it does not foresee Milton overstepping...
Oct 17, 20241 min read
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SEADRIF Insurance supports Laos after typhoon Yagi floods
SEADRIF initiated the first payout on 20 September after reviewing provisional data on the number of people affected, five days after the...
Oct 4, 20242 min read
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Reinsurers to bear bulk of Typhoon Yagi insured losses
The Best’s Commentary , “Typhoon Yagi Likely an Earnings Event for Vietnam’s Non-Life Insurers”, states that reinsurance programmes will...
Sep 17, 20242 min read
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Demand for property (re)insurance rises on higher Nat CAT risks
Higher property values, urbanization and rising repair costs due to inflation are expected to drive demand for property (re)insurance,...
Sep 11, 20242 min read
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Reinsurers show growing appetite for Nat CAT risks
Global reinsurers will seize the opportunity to deploy more capital over the next two years, within strict limits, says S&P Global...
Sep 2, 20241 min read
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Importance of Natural Catastrophe Insurance in PH
By Michael F. Rellosa I am aware that I have already written about this topic many times over, but until I am heard and definitive action...
Aug 26, 20243 min read
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