typhoon Nanmadol 2022

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Typhoon Nanmadol loss manageable, creep may not be an issue: AM Best

Typhoon Nanmadol's impact in Japan is likely to be a manageable loss for the Japanese insurance industry, thanks to their robust capital, strong reinsurance programs and the fact loss creep is not expected to be an issue like previous storms that hit the country. Rating agency AM Best explained that typhoon read the full article →

Typhoon Nanmadol not expected to trigger catastrophe bonds: Plenum

Typhoon Nanmadol's impacts in Japan are not expected to result in insurance and reinsurance market losses high enough to trouble any catastrophe bonds, according to Plenum Investments. Typhoon Nanmadol continues to affect Japan with heavy rain and its winds caused damage across a relatively wide swathe of the south west of read the full article →

Typhoon Nanmadol loss likely to attach some reinsurance layers: Twelve

The eventual losses from typhoon Nanmadol in Japan is likely to be a significant event for Japanese primary insurers, Twelve Capital believes, while the investment manager also notes that some reinsurance layers are likely to trigger on the back of the storm. In providing an update on typhoon Nanmadol after its read the full article →

Typhoon Nanmadol winds weakened, impacts seen largely from rainfall

Typhoon Nanmadol made landfall in southwest Japan in the Kagoshima region of Kyushu yesterday. While winds were reported as high as 150 mph, in terms of gusts, Nanmadol noticeably weakened, with rainfall, flooding and landslides appearing the main threats. Some wind related damage has been experienced in Kyushu, particularly in the read the full article →

Typhoon Nanmadol industry loss potential likened to Jebi or Hagibis

Typhoon Nanmadol is a potentially significant Japanese industry loss threat for insurance and reinsurance market interests, while meteorologists are warning it could be more impactful than recent damaging typhoons Jebi and Hagibis. Typhoon Nanmadol is set to strike southwest Japan on Sunday with sustained winds of 110 mph and higher, plus read the full article →

Typhoon Nanmadol seen as Japanese industry loss threat

Update: See our more recent article on typhoon Nanmadol. While tropical storm Fiona may be concerning some, given the uncertainty in its eventual path, on the other side of the globe typhoon Nanmadol is seen as a relatively significant Japanese loss threat by insurance and reinsurance market interests. Typhoon Nanmadol is read the full article →