Four of the eight countries in the Hindu Kush Himalaya (HKH) region experienced more than 10 major disasters in 2025, according to data released by the Nepal based International Centre for Integrated Mountain Development (ICIMOD).
PICC Property & Casualty Insurance Co (PICC P&C) activated its emergency response mechanism for major disaster events 244 times in 2025, and paid out over CNY13.1bn in claims for damage caused by the major disasters, according to the group's 2025 Sustainability Report.
Santam, Africa's largest general insurer, and the South African Weather Service (SAWS) have formed a partnership aimed at strengthening the country's early warning and forecasting capabilities and to ensure communities are better prepared to deal with severe weather-related occurrences and disasters.
The SEADRIF Insurance Company and the United Nations World Food Programme (WFP) have launched an impact-based disaster risk insurance policy in Laos. In a press release by WFP, the policy provides pre-arranged financing of up to $1.1m to support communities affected by extreme weather and other natural hazards, complementing the government's existing sovereign policy, which provides financial protection for national disaster response efforts.
The Asian Development Bank (ADB) has issued its first Disaster Relief Bond (DRB) offerings, also known as CAT bonds, in the Kyrgyz Republic and Tajikistan.
The Insurers Federation of Egypt (IFE) has advocated for the development of a broader range of sustainable insurance products that meet environmental, social, and governance (ESG) standards.
Lockton has announced the appointments of Mr Jaideep "Jay" Sharma as CEO of Lockton India, subject to regulatory approval, and Mr Nicholas "Nick" Lee as CEO Designate of Malaysia, of Lockton Sime.
African Reinsurance Corporation (Africa Re), together with a consortium of insurers and development partners and the Lagos State Government, has launched the Lagos Flood Risk Insurance Policy, sub-Saharan Africa's first parametric flood insurance solution.
Around one third (31%) of Australians have experienced wild weather damage to their property or vehicle since 2021, according to new research published by NRMA Insurance Company.
A potential risk facing Australia is the reoccurrence of El Nino in August, which has an 80% probability of taking place.