Australia’s P&C players face climate trap
April 13 2021 by Andrew Tjaardstra
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Clear resilience playbook, new DNA needed as climate challenge grows: Marsh’s Beverley Adams
- May 22
Head of climate and catastrophe resilience tells InsuranceAsia News that as businesses, including in Asia Pacific, transition to a low-carbon future, insurers are increasingly being asked to play a part in the finance and risk management of projects.
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‘One-in-500-year’: ICA declares NSW flooding a significant event
- May 21
Event may be escalated to an insurance catastrophe if there is a significant increase in claim numbers or complexity, the Insurance Council of Australia (ICA) says.
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New Zealand’s US$38bn natural hazards bill shines spotlight on ‘urgent need to reduce impact’: IAG
- May 20
Since 2010, the government has spent 97% on response to catastrophes, and only 3% on risk reduction and resilience.
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Beijing hail leads to US$44m insured loss from widespread motor, property damage
- May 16
Local insurers have received at least 45,600 claims, with the majority related to motor, as of May 14, according to the Beijing Financial Regulatory Bureau.
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HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
