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Nat CAT tag returned 244 results

  • Reinsurers adjust to new realities in pricing

    Reinsurers are reacting to the 'new normal' in property catastrophe reinsurance pricing by cutting cost and reviewing every piece of business on their books, according to findings by Willis Re.

    AIRPlus | 19 Jul 2018
  • Global: 1.1bn people globally face immediate risks from lack of access to cooling

    Over 1.1bn people globally face immediate risks from lack of access to cooling, a process which underpins escaping poverty, staying healthy, keeping vaccines stable, food nutritious and economies productive, according to a new report issued Monday. And of the nine countries with the biggest populations facing significant cooling risks, five are from Asia.

    Asia Risk | 18 Jul 2018
  • Asia: Region's ILS mart to grow as protection gap widens

    Asia is poised to be the next frontier for the growth of insurance linked securities (ILS) as ILS funds continue to diversify their investment portfolios, according to Ms Jacqueline Loh, deputy managing director of MAS at the Artemis ILS Asia 2018 Conference on 12 July.

    Asia | 17 Jul 2018
  • New Zealand: Most Kiwis see need to tackle climate change

    The majority of New Zealanders acknowledge the need to prepare for the impact of climate change -- but few believe enough will be done, according to a new poll.

    Asia | 17 Jul 2018
  • Flagship quake insurance programme sees low demand

    Sales are seen as slow for China's earthquake catastrophe insurance scheme for urban and rural residents since its launch in July 2016.

    China | 13 Jul 2018
  • Osaka quake could result in $1bn worth in damages

    The 5.3 magnitude Osaka 'quake that occurred in mid-June has been reported to have caused damage to over 6,750 structures in the area, with an estimated $1bn in damages, according to the United States Geological Survey (USGS).

    AIRPlus | 12 Jul 2018
  • Risk Frontiers' new earthquake model shows reduced losses for Australia

    Risk Frontiers have announced today the imminent release of their new probabilistic earthquake loss model for Australia, QuakeAUS 6.0. The updated model, developed by Dr Valentina Koschatzky with input from Risk Frontiers' Chief Geoscientist, Dr Paul Somerville, incorporates the latest data from Geoscience Australia's recent revision of the Australian Earthquake Catalogue, which has more than halved the rate of earthquakes exceeding 4.5 in magnitude.

    Asia Risk | 12 Jul 2018
  • Japan: Impact of heavy rain seen as small on P&C insurers

    While the floods caused by the heavy rain in western Japan in recent days are credit negative for Japanese P&C insurers -- because of the losses from property and business interruption coverage -- the overall credit impact on insurers is seen as small, says Mr Soichiro Makimoto, Vice President - Senior Analyst, Financial Institutions Group, Moody's Japan.

    Asia | 12 Jul 2018
  • Japan: Economic losses from floods estimated at hundreds of millions

    Economic losses from floods and mudslides in southwestern Japan in the past two weeks are likely to run into the hundreds of millions, according to an estimate by Aon.

    Asia | 11 Jul 2018
  • Climate risk insurance: PPP the strategy for the future, says German official

    Climate risk insurance plays an important role in protecting populations, and public-private partnership is the way forward in this strategy, said German Federal Ministry for Economic Cooperation and Development state secretary Martin Jaeger, with a focus on the climate risk issue in his special address yesterday morning at this year's Global Insurance Forum in Berlin.

    Asia | 10 Jul 2018

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