Hedge Fund Fermat Sees 20% Surge in Catastrophe Bond Market May 15, 2025 By Gautam Naik Hedge fund Fermat Capital Management expects the market for catastrophe bonds to grow 20% this year, as a product based...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils April 30, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse April 23, 2025 By Jintamas Saksornchai A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B April 21, 2025 By L.S. Howard Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 –...
Catastrophe Bonds Among Few Asset Classes Withstanding Meltdown April 9, 2025 By Gautam Naik A bond market designed around natural catastrophes is proving remarkably resilient to a man-made market meltdown. While most markets have...
Severe Storms Batter Greek Islands, With Crete Hit Hardest April 3, 2025 Severe storms battered islands in Greece for a second day on Tuesday [April 1], with Crete experiencing the heaviest rainfall....
Japan Warns Potential Megaquake Could Kill Nearly 300,000 April 1, 2025 By Alice French A long-feared megaquake off Japan’s southern coast could result in almost 300,000 deaths, according to a new model released by...
Australia Outback Lashed by Year’s Worth of Rain in Week, With Many Livestock Killed April 1, 2025 By Keira Wright Australia’s remote outback in western Queensland has been swamped by flooding after being lashed with a year’s worth of rainfall...
Thailand Says Collapsed Bangkok Tower Used Substandard Steel April 1, 2025 By Patpicha Tanakasempipat The contractors of an under-construction tower that crashed in Bangkok during last week’s earthquake apparently used substandard steel bars made...
War-Torn Myanmar Struggles With Quake Rescue as Toll Rises March 31, 2025 By Khine Lin Kyaw The death toll from Myanmar’s biggest earthquake in a century is set to climb from more than 1,700 following the...