Typhoon Vongfong Hits the Philippines with Evacuations Expected May 14, 2020 By Brian K. Sullivan Typhoon Vongfong, the Northern Hemisphere’s first named storm [of 2020], is rapidly intensifying east of the Philippines, where it could...
Typhoon Phanfone Kills at Least 41 in Philippines, Destroys Homes, Crops December 30, 2019 By Clarissa Batino Typhoon Phanfone killed at least 41 people when it slammed into the central Philippines on Christmas Eve, with dozens still...
Death Toll from Typhoon Kammuri Rises as Storm Passes South of Manila in Philippines December 4, 2019 By Ditas Lopez and Siegfrid Alegado The death toll from Typhoon Kammuri rose to 17 people after destroying houses and displacing hundreds of thousands on its...
Typhoon Kammuri Hits Philippines, Killing at Least 3, Displacing 500,000 More December 3, 2019 By Cecilia Yap and Ditas Lopez The Philippines reopened its main airport late Tuesday as Typhoon Kammuri heads to the South China Sea, leaving at least...
Philippines Taps Catastrophe Bonds to Help Pay for Natural Disasters November 25, 2019 By Siegfrid Alegado and Denise Wee The Philippines, among the world’s most disaster-prone nations, sold its maiden foreign-currency catastrophe-linked bonds to help cover costs of major...
Typhoon Hagibis to Cost Japan’s Economy $10B, with Insured Losses in Billions: Aon November 8, 2019 Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and...
Insured Losses from Typhoon Hagibis Estimated at $7B-$11B: RMS November 1, 2019 Insured losses stemming from Typhoon Hagibis in Japan are estimated to range between US$$7 billion and $11 billion, according to...
Typhoon Hagibis Likely to Cause Earnings Event for Japan’s Insurers: Fitch October 29, 2019 Typhoon Hagibis is likely to be an earnings event for Japan’s three main non-life insurance groups, MS&AD Insurance Groups Holdings,...
Insured Losses from Japan’s Typhoon Hagibis Estimated at $8B-$16B: AIR October 22, 2019 Insured losses from Typhoon Hagibis, which made landfall in Japan on Oct. 12, will be between 865 billion Japanese yen...
Typhoons Faxai, Hagibis Unlikely to Affect Stability of Japan’s Non-Life Insurers: AM Best October 18, 2019 The recent mega-typhoons in Japan are unlikely to affect the financial stability of the country’s three major non-life insurers due...