Natural catastrophes (Nat CAT) resulted in over $100bn in insured losses in 2025, marking the sixth consecutive year such losses topped that threshold. This is according to the "Natural Catastrophe Review 2026" report by global brokering and financial solutions firm WTW. The report noted that 2025 could be described as a 'moderate' loss year because losses were nearly $40bn lower than in 2024.
Severe weather events are affecting food and beverage (F&B) supply chains in Asia.
Climate reporting and AI are immediate growth opportunities for the actuarial profession, according to the incoming President of the Actuaries Institute, Mr Scott Reeves.
Ghana is moving from reactive disaster response to planned, predictable, and people-centred climate resilience, with the recent release of a sub-sovereign flood risk insurance product for the Greater Accra Metropolitan Area (GAMA).
Indian Finance Minister Ms Nirmala Sitharaman will present the country's Budget for the financial year ending 31 March 2027 (FY2027) to the Indian Parliament on 1 February 2026. The insurance industry expects a lot from this Budget, as it is already buoyed up by the recent reforms by the government.
Extreme weather events in Australia in 2025 cost almost A$3.5bn ($2.42bn) in insured losses from 264,000 claims according to new data released by Insurance Council of Australia (ICA).
Economic losses from natural disasters in APAC last year totalled at least $76bn, which is 41% below the 21st-century average, according to a new report by Aon.
Degrading ecosystems are increasing climate-related risks and coupled with nature loss and climate change are contributing to rising uninsured losses across advanced economies according to a new report.
Two major French (re) insurance groups, SCOR and AXA, have launched a new Lloyd's of London consortium dedicated to advancing ecological restoration. The consortium aims to unlock financing for ecological restoration projects by de-risking the associated investment opportunities.
The Financial Services Authority (FSA) yesterday issued an administrative decision approving new regulatory amendments to the Unified Motor Insurance Policy Model, introducing a package of benefits aimed at expanding insurance protection for motor insurance policyholders and enhancing the quality of services provided.