Kathmandu. For the sixth year in a row, more than $100 billion in insured assets have been damaged by natural disasters. <\/p>\n
According to the Natural Disaster Review 2026 published by Willis, insured losses from natural disasters could exceed $100 billion in 2025. This is the sixth consecutive year that the extent of this damage has been maintained. However, the damage in 2025 decreased by $40 billion compared to 2024. <\/p>\n
According to the report, the damage caused by natural disasters is increasing in Southeast Asia. This is putting pressure on insurance claims payments and disaster financing systems. <\/p>\n
According to the report, one natural hazard after another is becoming a growing problem for insurance companies. In 2025, rain-soaked infrastructure is at greater risk of earthquakes or storms following seismic activity. The report points out that as the damage increases, there may be delays in claim payment and disputes with the insured may increase. <\/p>\n
The report cites recent events in the Philippines as an example. In the first six months of 2025, the Philippines was hit by super typhoon Ragasa, four major earthquakes, including aftershocks, and two more landfalls. This series of events has exacerbated the damage and put a strain on response and recovery efforts. <\/p>\n
Insurance penetration in the Philippines remains below 1 percent. As a result, many economic impacts have been uninsured and recovery has slowed for businesses and local governments. <\/p>\n
Willis’ report noted that as rain intensifies, the risk of flooding is expanding beyond traditional high-risk areas. \u2013 Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. For the sixth year in a row, more than $100 billion in insured assets have been damaged by natural disasters. According to the Natural Disaster Review 2026 published by Willis, insured losses from natural disasters could exceed $100 billion in 2025. This is the sixth consecutive year that the extent of this damage has […]<\/p>\n","protected":false},"author":16,"featured_media":250220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45044,45159],"tags":[],"class_list":["post-285481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/285481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=285481"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/285481\/revisions"}],"predecessor-version":[{"id":285482,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/285481\/revisions\/285482"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/250220"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=285481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=285481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=285481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}