The first earthquake stress test in Turkiye has estimated that the financial impact of a potential Marmara earthquake would reach $21bn at the current exchange rate, borne by the insurance sector alone, excluding the Turkish Catastrophe Insurance Pool (TCIP).
The Insurance Council of New Zealand Te Kahui Inihua o Aotearoa (ICNZ) has welcomed the Government's National Adaptation Framework as an important and necessary first step towards building New Zealand's climate resilience and keeping insurance accessible.
South Korean parliamentarians are expected to seek responses about high premiums for flood and windstorm insurance policies from some of the leading non-life insurers according to a report in The Korean Times.
Ping An P&C has launched a new typhoon risk map and catastrophe model to strengthen disaster resilience and support risk management, marking the 36th International Day for Disaster Risk Reduction (IDDRR) on 13 October.
While it is general perception that New Zealanders know more and more about the hazards they live alongside, the country's National Emergency Management Agency (NEMA)'s latest Annual Preparedness survey for 2025 suggests they are not taking steps to prepare themselves.
Early investments in social protection and resilience can slash India's climate-related losses by over 80% according to a new study.
According to an estimate by Moody's the global economic impact of physical risk from Nat CATs and climate change could reach $41.4tn by 2050.
Nigeria's insurance regulator, the National Insurance Commission (NAICOM), has urged West African countries to strengthen financial instruments and deepen regional collaboration to address escalating climate change risks.
In marking the International Day for Disaster Risk Reduction, New Zealand's government and private sector organisations are calling for more coordinated resilience-building to help protect people, property and communities across the country.
Notable seasonal monsoon flood activity in parts of Asia, such as China, Japan, Pakistan and India in 3Q2025 drove a large portion of the globe's economic flood loss total to date of $28bn, according to Gallagher Re's report, titled "Natural Catastrophe and Climate Report".