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...
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Philippine Standard Time:
10:54:37 AM
Fri, November 22, 2024
Oct 172 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 171 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...
9
Oct 42 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
Sep 172 min read
Reinsurers to bear bulk of Typhoon Yagi insured losses
The Best’s Commentary , “Typhoon Yagi Likely an Earnings Event for Vietnam’s Non-Life Insurers”, states that reinsurance programmes will...
26
Sep 112 min read
Demand for property (re)insurance rises on higher Nat CAT risks
Higher property values, urbanization and rising repair costs due to inflation are expected to drive demand for property (re)insurance,...
11
Sep 21 min read
Reinsurers show growing appetite for Nat CAT risks
Global reinsurers will seize the opportunity to deploy more capital over the next two years, within strict limits, says S&P Global...
16
Aug 263 min read
Importance of Natural Catastrophe Insurance in PH
By Michael F. Rellosa I am aware that I have already written about this topic many times over, but until I am heard and definitive action...
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