Climate Insurance
Asia flood risk rises as 27 storms threaten coasts
Asia flood risk rises as 27 storms threaten coasts
Forecasters expect 18 typhoons and 11 intense systems in 2026.
4 days ago
Agency warns 7.8 quake to shake Philippine insurers in late 2026
The agency said losses may pass through local firms and global reinsurers.
5 days ago
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.
6 days ago
Magnitude 7.8 quake widens Philippine insurance gap
Insurers generally have less exposure in Mindanao than in Manila.
6 days ago
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.
Underinsurance leaves APAC economies to absorb $69b losses
At least 15 events each caused damage exceeding $1b across the region.
CEO says Malaysian insurers face uninsurable risks as compliance focus grows
He says risk management has drifted from core underwriting toward compliance functions.
How can APAC insurers close the gap on climate risk readiness?
Physical climate risk is now seen as a wider financial threat beyond underwriting.
APAC disaster risks push parametric market to $23b this year
Regional vulnerability to hurricanes and earthquakes accelerates fastest global growth rates.
Severe storms drive $60b in insured catastrophe losses
Hail events dominate payouts, accounting for up to 80% of related claims.
SEADRIF, AHA Centre partner on ASEAN disaster financing
The pact links emergency response systems with financial protection mechanisms.
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