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Nat CAT tag returned 469 results

  • Egypt: Nat CAT pool expected to be launched in next 6 months

    The Insurance Federation of Egypt (IFE) is making preparations for the process of launching the country's first insurance pool against natural hazards and disasters.

    Middle East | 21 Jul 2019
  • Infrastructure suffered major insured losses in 2018 Kerala floods

    Cochin International Airport (CIAL) and Kochi Metro are the two major insurance claimants from the deluge that ravaged the southern Indian state of Kerala in August 2018.

    AIRPlus | 19 Jul 2019
  • Tropical cities like Singapore and Kuala Lumpur will have pronounced drier climatic conditions by 2050

    The climatic conditions by 2050, in some major tropical cities, including Jakarta, Kuala Lumpur, and Singapore will be what no other city in the world has so far experienced.

    Asia Risk | 17 Jul 2019
  • Turkey: Demand for Nat CAT insurance on the rise

    Heavy rains experienced in recent years throughout Turkey have led to increased demand for insurance. Research shows that storms constitute half of all extreme events followed by floods and hail.

    Middle East | 17 Jul 2019
  • India: Kerala government looks into setting up Nat CAT insurance fund

    The government of flood-prone Kerala, a coastal state in southern India, is thinking of setting up an natural disaster insurance scheme to cover residential properties, in the wake of the massive devastation caused by the floods that hit the state last year.

    Asia | 15 Jul 2019
  • Catastrophe modelling firm releases event footprint for Kyushu flooding

    With wide-scale flooding and landslides battering the island of Kyushu in southern Japan and causing extensive damage over the past week, JBA Risk Management has produced a flood event footprint. This includes estimates for flood extents and depths for river flooding as well as surface water (pluvial) flooding and covers affected areas within Kagishima, Miyazki, Kumamoto and Ishikawa prefectures.

    Asia | 12 Jul 2019
  • China promotes ESG disclosure to attract foreign investments

    Industry experts see China leading the growth in disclosures related to environmental, social, and governance (ESG) standards in a bid to attract more foreign investments, reported Bloomberg.

    China | 12 Jul 2019
  • Asian economic powerhouses incur heavy Nat CAT losses in June: Report

    China and India were struck badly by Nat CAT losses last month, according to the latest edition of Aon's monthly 'Global Catastrophe Recap' report which evaluates the impact of the natural disaster events that occurred worldwide during June 2019. While the seasonal flood toll in China was listed at $6.1bn, nationwide year-to-date drought losses in India increased to approximately $1.75bn.

    Asia | 11 Jul 2019
  • Lebanon: Call for autonomous disaster insurance pool

    Lebanon's caisse mutuelle (mutual fund) system provides an excellent infrastructure for citizens to voluntarily create a common disaster insurance pool autonomously from the government, according to a commentary by environmental policy researcher and entrepreneur Mr Basil Mahfouz.

    Middle East | 11 Jul 2019
  • Australia: New insurer goes where few dare to tread

    A new insurer is moving into north Queensland, which is prone to cyclones and floods and where insurance premiums and losses are high.

    Asia | 11 Jul 2019

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