School students in Sri Lanka who were affected by the adverse weather conditions in the country in November and December 2025 will receive special consideration for claims submitted under the Suraksha Sisu insurance programme.
PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has disclosed that its second industry loss estimate for the Australia East Coast Severe Convective Storms (SCS) is A$1,512m ($1,052bn).
African Risk Capacity (ARC) has launched Africa's first sovereign parametric flood insurance policy, marking a major innovation in climate risk financing and strengthening African countries' capacity to respond to the growing impacts of climate change.
The proposed state-owned insurer TasInsure, to be set up by the Tasmanian government, would fall short of addressing the underlying drivers of insurance costs fully and expose Tasmanian taxpayers to significant financial losses, according to a new economic analysis.
New Zealanders strongly support proactive efforts to reduce the risks from climate related events like flooding, landslips and sea level rise and keep communities safe, according to a new survey commissioned by the Insurance Council of New Zealand (ICNZ).
China has set up its first university for risk management and emergency management education. The new institution will promote and encourage emergency management education and training.
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).