Insured losses from the Australia East Coast Severe Convective Storms (SCS) that affected Queensland, New South Wales and Victoria between 26 October and 1 November 2025 are estimated at A$1.11bn ($730m) based on initial figures released by PERILS.
The Australian Reinsurance Pool Corporation (ARPC) is implementing updated postcode allocations that determine terrorism insurance premium tiers, following the Terrorism and Cyclone Insurance (Premiums) Amendment (Postcode Update) Direction 2025.
The Insurance Council of Australia (ICA) has warned residents affected by last month's severe storm and hail event to be wary of disaster chasers.
Sixty-three per cent of South Australians have not prepared their home for bushfire season, according to new research from AAMI.
The insurance and banking sectors should prioritise water risk-based lending and investment models, given that the sustainability of water resources is regarded as a prerequisite for strategic financial stability, says a report by Turkiye Sigorta's Economic Research Directorate.
The recent overlapping tropical storms and intense monsoon activity in Southeast Asia that began in November 2025 have affected over 11m people, leading to economic losses of over $30bn. The catastrophic events were driven by an unusual convergence of powerful weather systems in the region.
The Actuaries Institute has warned of significant underinvestment by the Canberra government in climate adaptation. It calls for a coordinated national strategy to help mobilise tens of billions of dollars into measures that will protect communities and businesses.
Rwanda has taken a major step toward enhancing its financial preparedness against climate-related disasters with the validation of the Disaster Risk Financing (DRF) Diagnostic Report and Strategy, the Ministry in charge of Emergency Management said in a recent statement.
Flooding in southern Thailand has so far affected around 2,800 vehicles, with numbers expected to rise as residents begin assessing damage to their homes and surrounding properties, said the Office of Insurance Commission (OIC).
Persistent heavy rainfall and Cyclone Senyar triggered flooding that affected millions in Thailand, Malaysia, and Indonesia, causing widespread damage and disruption, according to Aon in its latest "Weekly Cat Report".