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Philippine Non-Life insurers’ premiums may rise 10-15% this year as catastrophes push up firms’ reinsurance costs
Philippine Non-Life insurers could increase their general minimum premium rates by 10% to 15% this year as natural catastrophes have...
Mar 72 min read
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Proposal to set-up Southeast Asia Agricultural Risk Finance Facility being explored
The Southeast Asia Disaster Risk Insurance Facility (SEADRIF) and the Food and Agriculture Organisation (FAO) have partnered with six...
Mar 72 min read
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Climate risks, disruptive technology and geopolitical instability - top three risks for 2025
Climate risks, disruptive technology and geopolitical instability are the top emerging risks according to an annual survey of risk...
Feb 142 min read
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Claims of recent storm and flood related events continue to rise
Insurers in Australia received more than 3,950 storm and flood claims till early February 2025. These claims are related to recent severe...
Feb 132 min read
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Insurance can help manage natural hazard risks
New research from the New Zealand Infrastructure Commission Te Waihanga has revealed how insurance can help the country to manage natural...
Feb 123 min read
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Home insurance premiums in disaster-prone areas surge dramatically
A report by the Australian Bureau of Statistics (ABS) has said that insurance premiums have surged by an average of 11% over the past 12...
Jan 312 min read
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Reinsurance retreat deepens California wildfire insurance crisis
Limited risk appetite and rising costs fuel gaps in coverage for homeowners California’s insurance framework may struggle to adequately...
Jan 232 min read
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Insurance for economic growth
While the country has made strides in disaster risk reduction and preparedness, its insurance industry is still underdeveloped compared...
Jan 223 min read
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