Kathmandu. In the first six months of 2025, natural disasters have damaged property worth $29 billion in the Asia-Pacific and African regions. However, only about $5 billion worth of assets have been insured. <\/p>\n
According to a report released by Munich Relay, in the first six months of 2025, about $ 24 billion worth of uninsured property was damaged in these areas. A 6-magnitude earthquake in Taiwan’s Tainan has damaged property worth $1.3 billion. Of the damaged properties, only about $600 million were insured, the report said. Most of them belong to business and chip manufacturing companies. <\/p>\n
Typhoons and floods in Queensland and New South Wales in Australia damaged property worth about $3.5 billion. The insured assets were only $1.4 billion. <\/p>\n
Myanmar’s earthquake also caused $12 billion in damage. However, only a fraction of it was found to be insured, the report said. <\/p>\n
According to the report, access to insurance has not yet been expanded in Asia Pacific, Africa and other regions. Due to lack of insurance, the economy has suffered a lot. <\/p>\n
In the first six months of 2025, the global loss of natural disasters reached about $ 80 billion. This is the second largest loss compared to the same period in the 1980s.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. In the first six months of 2025, natural disasters have damaged property worth $29 billion in the Asia-Pacific and African regions. However, only about $5 billion worth of assets have been insured. According to a report released by Munich Relay, in the first six months of 2025, about $ 24 billion worth of uninsured […]<\/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-264827","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:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/264827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=264827"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/264827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/250220"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=264827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=264827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=264827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}