Climate Insurance
Insured losses hold at $47b despite lower disaster costs
Insured losses hold at $47b despite lower disaster costs
Economic losses dropped to their lowest first-half level since 2018.
3 days ago
Asia insured losses sink below $2b to lowest since 2017
Five straight quarters passed without any catastrophe generating more than $10b in claims.
APAC disaster insurance trails G7 at 0.83% of GDP
Governments, businesses and households must absorb costs that policies do not pay.
Catastrophe insurers risk losses as protection gap persists
Fitch said unmet demand remains a major challenge for insurers and reinsurers.
Uninsured climate losses could hit $41.4t: Moody’s
About 2.7 billion people lived in areas exposed to flooding risks as of 2020.
How can insurers keep up with the clean energy boom?
About $165b in clean energy assets face rising climate exposure.
Asia flood risk rises as 27 storms threaten coasts
Forecasters expect 18 typhoons and 11 intense systems in 2026.
Agency warns 7.8 quake to shake Philippine insurers in late 2026
The agency said losses may pass through local firms and global reinsurers.
Insurance bodies of Australia and New Zealand sign pact as disaster losses rise
Both countries face increasing risks from extreme weather, cyber threats and supply disruption.
Magnitude 7.8 quake widens Philippine insurance gap
Insurers generally have less exposure in Mindanao than in Manila.
Philippine insurers face underwriting swings from weather
Susan Tan said volatile conditions are pressuring non life carriers.
Lao PDR launches drought cover to pre-empt farm losses
SEADRIF and FAO designed the pilot to release funding before damage intensifies.
Willis triggers payouts for Vietnam coffee farmers
The policy covered yield losses from excessive rainfall during the main harvesting period.
WTW targets CCS risks with lifecycle insurance cover
It combines energy, marine liability and environmental protection for carbon capture projects.
Asia disasters leave 92% losses uninsured
Insured catastrophe losses totalled $5.2b in 2025 across the region.
HDI warns Victoria Peak defences may fail under extreme weather
Existing safeguards cut landslide risk by over 75% but face new limits.
Rising climate losses test China’s insurance safety net
Profitable insurers face limits in passing disaster risk despite market scale.
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