The International Association of Insurance Supervisors (IAIS) has selected Egypt's insurance regulator, the Financial Regulatory Authority (FRA), to join the Protection Gap Task Force (PGTF) for natural disasters.
The ASEAN+3 finance and central bank deputies' meeting held in Hong Kong in November 2025 reaffirmed strong regional commitment to strengthening Disaster Risk Financing (DRF) as climate and disaster risks continue to rise across Southeast Asia.
Insured losses from natural catastrophes again surpass the $100bn mark in 2025 for the sixth consecutive year, according to a new report by Swiss Re Institute. This is mainly driven by the unprecedented LA wildfire loss record in the first quarter of 2025 and severe convective storms (SCS), which remain a major and persistent global loss driver. Overall, Swiss Re Institute estimates total insured losses in 2025 at $107bn, 24% lower than the $141bn recorded in 2024.
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.