Asia Pacific Typhoon Season News Mentions
The 2011 Asia Pacific typhoon season has been active with tropical cyclones / typhoons in the Western Pacific Ocean. EQECAT has been actively following storms and reporting on estimated insured losses.
CatWatch: View multiple typhoon CatWatch Reports from 2011.
Below are news mentions covering EQECAT's expert opinions, CatWatch reports, and insured loss estimates from the typhoons and flooding.
News & Interviews
October 1, 2011
Insurance News Net
As Typhoon Nesat Hits China, Philippines Insured Losses Stay Below US$100 Million
Typhoon Nesat is expected to bring less than US$100 million in insured losses to the Philippines after it made landfall on the province of Aurora, bringing landslides and agricultural damage, according to risk modeler EQECAT.
September 30, 2011
Guy Carpenter
Typhoon Nesat
EQECAT expects insured losses in China to be less than USD50 million due to low levels of damage and low insurance penetration (EQECAT says there is less than 20 percent insurance penetration in China).
September 30, 2011
Property Casualty 360
Insured Losses for Typhoon Nesat Expected to Be Under $5M
After making two landfalls on China, insured losses from Typhoon Nesat are expected to remain below $50 million due to low levels of damage and low insurance penetration, according to catastrophe modeler EQECAT.
September 30, 2011
Business Insurance
Typhoon Nesat damage in China less than $50M
Insured losses in China caused by Typhoon Nesat should be less than $50 million, according to catastrophe modeler EQECAT, Inc.
September 30, 2011
Guy Carpenter Capital Ideas
Update: Typhoon Nesat
EQECAT expects insured losses in China to be less than USD50 million due to low levels of damage and low insurance penetration (EQECAT says there is less than 20 percent insurance penetration in China).
September 29, 2011
Business Insurance
Insured damage in Philippines from Typhoon Nesat under $100M
Typhoon Nesat is expected to cause less than $100 million in insured damages in the Philippines, catastrophe modeler EQECAT, Inc. estimated Wednesday.
September 28, 2011
Business Insurance
Typhoon Roke insured damages could reach $600M
Typhoon Roke caused $300 million to $600 million in insured damages, catastrophe modeler EQECAT, Inc. said Tuesday.
September 22, 2011
Insurance News Net
Typhoon Roke's Landfall Disrupts Travel, Auto Plant Operations
Roke brought significant flooding from the city of Nagoya to Sendai. Flooding "is expected to be the primary driver of damage from this event as winds on land are expected to be below typhoon strength," said risk modeler EQECAT in a statement. EQECAT added that flooding is not included in basic insurance policies in Japan.
August 31, 2011
Property Casualty 360
Typhoon Nanmadol Makes 3 Landfalls; Insured Losses Under $700M
Typhoon Nanmadol weakened to a tropical depression after hitting Taiwan on its way to China's east coast, and catastrophe modeler EQECAT estimates the storm caused between $200 million and $500 million in insured losses for Taiwan.
August 31, 2011
Business Insurance
Typhoon Nanmadol expected to cause up to $500M in insured damage in Taiwan
Typhoon Nanmadol is expected to cause between $200 million and $500 million in insured damage to Taiwan, catastrophe modeler EQECAT, Inc. estimated late Tuesday.
August 30, 2011
Risk Market News
EQECAT Estimates Nanmadol Taiwan Losses
Catastrophe modeling firm EQECAT said Tuesday that Typhoon Nanmadol has caused between $200 million and $600 million worth of insured losses in Taiwan before cutting a path to China.
July 20, 2011
Property Casualty 360
Typhoon Ma-on Weakens After Making Landfall in Japan
Risk modeler EQECAT estimates that insured losses from the storm to be less than $250 million.
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