Apr 114 min readRisk management tools to mitigate effects of El Niño and La NiñaBy Michael F. Rellosa The Philippines is situated on the western fringes of the Pacific Ocean and is therefore subject to the twin...
Mar 273 min readPH lands on list of countries most prone to quakesMANILA, Philippines—Ranked as the most disaster-prone country for 13 years, the Philippines now also emerged as the ninth most...
Mar 132 min readHeavy rain and floods cause fatalities and material damageSince 27 February, parts of southwestern Asia, including Pakistan, south-eastern Iran and Afghanistan, have experienced heavy...
Mar 121 min readGovt aims to standardize more Nat CAT definitionsThe Treasury has started a consultation exercise on standardizing natural hazard definitions and reviewing standard cover for insurance...
Feb 292 min readPhilippines tops 36 markets as the most economically exposed to intensified Nat CATA new analysis of 36 countries/markets by Swiss Re Institute ranks the Philippines as the most economically exposed among them today,...
Jan 112 min readOne-eighth of disaster losses in the region in 2023 are insuredLosses from natural disasters in the Asia-Pacific and Africa region totalled $64bn in 2023, slightly lower than the $66bn seen in the...
Dec 8, 20232 min readAs insurers move away from climate risks, governments will need to step inThe accelerating climate change can increase the likelihood of widespread disruptions to the financial sector, including the insurance...
Dec 6, 20232 min readClimate change impacts insurance affordabilityThe fragility of our world order and the hazards inherent in an increasingly interconnected world have been highlighted by events such as...