In 2025, losses from natural disasters in the Asia-Pacific cost around $73bn. These work out to about one third of the total global losses due to natural disasters in 2025. This is also above the 10-year average of $66bn. Only $9bn was insured. In many lower-income countries, insurance penetration remains below 5% according to global reinsurer Munich Re.
The heavy rains that fell on 19 December 2025 has led to increases of around 20% in claims, a level regarded as 'acceptable' by the insurance sector, according to industry executives.
More than 80% of actuaries participating in a recent study conducted by the Institute and Faculty of Actuaries (IFoA) have said that their professional involvement in climate change and sustainability work has increased in recent years.
PERILS has disclosed its initial industry loss estimate for the Severe Convective Storms that affected Queensland and New South Wales from 21 to 27 November 2025.
The 1 January property-CAT reinsurance renewal season in Turkiye exhibited trends similar to those observed in Continental European renewals, with risk-adjusted decreases of 15% on average, and a significant oversubscription of capacity, particularly in top layers, said Gallagher Re.
Thailand is likely to have a permanent Nat CAT Fund for the country soon. The initiative is being backed by the Thai General Insurance Association (TGAI) according to a report published in the daily the Bangkok Post.
Property-catastrophe reinsurance renewals in the Asia Pacific region were competitive at 1 January 2026, noted Howden, the global (re)insurance intermediary group.
Indonesia Re has assessed that the rising claims trend in Indonesia, particularly due to climate change, will impact future reinsurance treaty structures, including pricing, retention and capacity, according to Indonesia Re's Director of Technical Operations Delil Khairat.
Vietnam's insurance industry is expected to see its total assets rise to about VND1.1qn ($43.3bn) by the end of 2025, according to statistics from the Vietnam Insurance Association.
Finance alone is not the answer to closing to China's Nat CAT-related economic losses, according to Mr Beat Strebel, Swiss Re's chief executive of Reinsurance China and country president for China.