Claims numbers from the the Auckland Anniversary Flood and Cyclone Gabrielle events will be somewhere in the vicinity of the claim volume experienced from the Canterbury Earthquakes, according to Mr Mark Jones, chief broking officer of the Crombie Lockwood, one of New Zealand's leading insurance broking companies.
Provisional general insurance claims data for Cyclone Gabrielle, released by the Insurance Council of New Zealand (ICNZ) show that over 40,000 claims have been recorded to date, worth around NZ$890m ($557m).
PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has released its initial industry loss estimate for the 6 February Kahramanmaras Earthquake Sequence which caused widespread devastation across several regions of Turkiye and Syria.
Mr Daniel Wang, executive director - Insurance, Monetary Authority of Singapore (MAS), has been named the new chair of the UNDP-convened Sustainable Insurance Forum (SIF).
The Strategy and Budget Office (SBO) of the Turkish Presidency has estimated total damages in the agriculture sector at around TRY24.2bn ($1.3bn) arising from the destructive 6 February earthquakes in southern Turkiye.
Some of Southeast Asia's largest cities could be hit disproportionately hard by rising sea levels and be underwater by the end of the century according to a new study.
Driven by a combination of rising sea levels and climate change, destructive hurricanes and tropical storms could become far more likely to hit coastal areas in quick succession according to new research by Princeton University.
The International Association of Insurance Supervisors (IAIS) has published a document for public consultation on climate risk with proposed changes to its insurance core principles (ICPs), which positions climate risk within the global framework for insurance supervision.
The Strategy and Budget Office (SBO) of the Turkish Presidency has published a preliminary analysis of the financial impact of the destructive 6 February earthquakes in southern Turkiye, using post-disaster needs assessment methodology.
The government of Djibouti has signed the first-ever multi-year, multi-peril agreement on the African continent with the African Risk Capacity Group (ARC Group) to protect its most climate-vulnerable communities.