Direct losses from natural catastrophic events in China in the first nine months of 2026 touched CNY199.4bn ($29.9bn), according to China's Ministry of Emergency Management. The losses were down by 8% from CNY217.65bn in the same period in 2025.
Insurance companies have set aside nearly TRY2bn ($38m) to compensate claims arising from the heavy rainfall and flooding earlier this month that affected Istanbul and five other provinces, according to data from the Insurance Association of Turkiye (TSB).
Australian insurers have called for flood planning rules to be mandatory rather than discretionary. The Insurance Council of Australia (ICA) has said that mandatory rules will bring greater consistency, accountability and transparency to how flood risk is managed across the state of Victoria.
Global insured losses from Nat CAT hit $92bn over 9M2026, 29% below the 10-year average ($128bn) and the lowest year-to-date insured loss total since 2019.
The Australian Reinsurance Pool Corporation (ARPC) has released its latest Cyclone Reinsurance Pool Premium Assessment, finding that improvements in insurance affordability and availability in higher cyclone risk areas have been sustained.
Cambodia's Ministry of Agriculture, Forestry and Fisheries (MAFF) is looking into a disaster-related insurance scheme designed for modern agricultural cooperatives.
Ms Sylvie Gleises, CEO of AXA XL Singapore and Regional CEO Asia, has been awarded the title of Chevalier de l'Ordre national du Mérite by the Ambassador of France to Singapore.
With haze conditions persisting across Singapore and air quality levels continuing to fluctuate, Allianz Insurance Singapore has introduced a special haze benefit for its policyholders: a one-time reimbursement of up to S$50 ($39) for outpatient medical treatment of haze-related conditions.
The Tunisian government has proposed several initiatives related to insurance in its draft Economic Budget for 2027, presented last week. The objective is to promote the development of the insurance industry in the country.
Insurers in Turkiye have received more than 800 claims for damage caused by floods in Istanbul, the country's economic hub, amid the heaviest rainfall in the metropolis in at least 80 years.