Mindanao earthquake insured losses to be limited due to Philippines’ protection gap: AM Best
Jun 10th, 2026 • 5 min • View Source
AM Best expects the Mindanao earthquake to generate multi-line economic losses, particularly from damage to property and infrastructure, but anticipates insured losses will represent only a small fraction of total economic damage due to the catastrophe protection gap in the Philippines. On 8th June 2026, a magnitude 7.8 earthquake struck the southern Philippines, which AM […] The post Mindanao earthquake insured losses to be limited due to Philippines’ protection gap: AM Best appeared first on ReinsuranceNe.ws.
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