top of page
2 days ago2 min read
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...
11
3 days ago3 min read
Insurance for economic growth
While the country has made strides in disaster risk reduction and preparedness, its insurance industry is still underdeveloped compared...
34
Jan 171 min read
Economic downturn, extreme weather and labour challenges top risks
The annual Global Risk Report Executive Opinion Survey conducted by Zurich Insurance has revealed that economic downturns, such as...
6
Jan 162 min read
Floods remain biggest threat in 2025
The Indonesian archipelago will continue to have wet rainy season during 2025 as the impact of La Niña continues. The country can expect...
11
Nov 13, 20243 min read
Nat CAT could lead to "insurance retreat" leaving thousands of properties unprotected
An estimated 10,000 coastal properties in Auckland, Wellington, Christchurch, and Dunedin could become uninsurable by 2050 due to coastal...
18
Oct 17, 20242 min read
Global industry insured losses in 2024 could exceed US$100bn due to Hurricane Milton
Hurricane Milton will push global industry insured losses thus far in 2024 to over $100bn, which is the fifth consecutive year losses...
11
Oct 17, 20241 min read
Global reinsurers' losses should stay within 2024 catastrophe budgets despite Milton
Global reinsurers will feel the impact of Hurricane Milton, S&P Global Ratings (S&P) has said but it does not foresee Milton overstepping...
10
Oct 4, 20242 min read
SEADRIF Insurance supports Laos after typhoon Yagi floods
SEADRIF initiated the first payout on 20 September after reviewing provisional data on the number of people affected, five days after the...
5
bottom of page