shutterstock_1612778911

28 January 2020Insurance

Taal Volcano eruption has modest impact on insurance market

The agricultural sector bore the brunt of the damage from the Taal Volcano, which erupted on Luzon island, in the Philippines, on January 13, 2020, according to Chris Lim, financial analyst at AM Best, who said the sector employs nearly 40 percent of the country's total labour force.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Suncorp pushes limits of property cat structures, takes 5Y aggregate

24 April 2026 Frequency risk toned by attachment point above expected annual loss.

Cybercrime and cyber insecurity biggest barrier to growth, say 83% of insurance CEOs

24 April 2026 KPMG survey reveals 50% of bosses expect to embark on a high-impact M&A deal.

Lockton appoints alternative risk leader to expand specialty capabilities

24 April 2026 New hire will be responsible for setting strategic direction of the practice.

More articles

Suncorp pushes limits of property cat structures, takes 5Y aggregate

Schroders and Hannover Re close first blockchain-enabled collateralised reinsurance deal

Cybercrime and cyber insecurity biggest barrier to growth, say 83% of insurance CEOs

Euler ILS planning $1bn insurer sidecar to cover data centre risk: report

Lockton appoints alternative risk leader to expand specialty capabilities

IMG appoints chief operations officer to support growth strategy

Berkley Environmental appoints new president in leadership transition

Winners revealed for Intelligent Insurer’s Cyber Insurance Awards USA

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze