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Nat CAT tag returned 287 results

  • Nepal: AIRDC members must cooperate for disaster resilience

    Speakers at the 21st Association of Insurers and Reinsurers of Developing Countries (AIRDC) conference being held in Kathmandu called for greater cooperation and sharing of experience in disaster risk financing and insurance between AIRDC members.

    Asia | 26 Sep 2018
  • Global: ESG investments gaining among insurers

    ESG investing is growing in relevance across the insurance sector with 83% of insurers, led by European insurers, indicating the importance of ESG investment policies to their firms, according to BlackRock's seventh annual global survey.

    Asia | 25 Sep 2018
  • Report highlights climate change risks faced by insurance sector

    A report by the International Association of Insurance Supervisors (IAIS) and the Sustainable Insurance Forum (SIF) is being addressed as the 'first important review of climate risk by an international financial standard setting body' and may get the attention of the global insurance community.

    AIRPlus | 24 Sep 2018
  • GCC: Region sees big losses from flood and fire

    The Gulf Cooperation Council (GCC) region, while not exceptionally prone to natural catastrophes, has seen large losses from flooding, fire and other causes, says Mr Mahesh Mistry, senior director, analytics, at A.M. Best.

    Middle East | 24 Sep 2018
  • Nat cats keep insurers on their toes

    Flood disasters across India are on the rise in frequency and severity and they create enormous losses for those caught in the flood area. This year's catastrophic floods in Kerala state had virtually an entire state on its knees. Author and insurance expert P James shares some toughts.

    AIRPlus | 24 Sep 2018
  • Macau: Insurance claims from Typhoon Mangkhut reach around US$25m

    Insurance claims for Typhoon Mangkhut have reached MOP200m ($25m), according to the latest figures from the Insurance Supervision Department of the Monetary Authority of Macao (AMCM).

    Asia | 24 Sep 2018
  • Japan: Settlements over June's Osaka earthquake have topped US$769m

    Insurance payments to individuals affected by the powerful earthquake that hit northern Osaka Prefecture in June had reached JPY86.6bn as of 12 September, the General Insurance Association of Japan has said.

    Asia | 24 Sep 2018
  • Direct economic losses from super typhoon estimated at over US$760m

    Supertyphoon Mangkhut, which made landfall in southern China on 16 September, has caused direct economic losses of at least CNY5.2bn ($760m), data from the Emergency Management Department show.

    China | 21 Sep 2018
  • Hong Kong: Typhoon Mangkhut expected to drag insurance industry into the red

    Typhoon Mangkhut's trail of destruction across Hong Kong and south China looks set to escalate Hong Kong-based insurance claims, pushing the industry back into underwriting loss, says S&P Global Ratings. The compounded effects of wind and storm surges will likely drive claims for property damage, business interruption, and autos. Furthermore, the inward reinsurance from Macau will further propel underwriting loss.

    Asia | 20 Sep 2018
  • Global: Denis Duverne appointed as chair of the Insurance Development Forum

    The Insurance Development Forum (IDF) has appointed Mr Denis Duverne as chair of its Steering Committee, with effect from 11 September 2018.

    Asia | 14 Sep 2018

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