Hong Kong Federation of Insurers commits to carbon neutrality by 2050 with climate charter
March 4 2024 by Georgina Lee- Climate
- Environment
- ESG
- Legal/Regulatory
- Asia Pacific
- Hong Kong
- AXA
- AXA Climate
- China Taiping
- Peak Re
- Prudential General Insurance
- Scor
- Zurich
-
Japan, Australia are top two APAC markets most sensitive to rise in nat cat claims: S&P
- September 11
Insured annual catastrophe losses averaged US$6.6 billion in Japan, and US$2.5 billion in Australia over a ten-year period. China ranked third in Asia, at US$1.7 billion, according to the rating agency.
-
Pacific islands cat pool PCRIC mulls expansion into private sector cover
- September 5
The captive for the island nations is looking at extending parametric solutions to the underserved private sectors such as tourism, fisheries, and utilities, according to chief executive Aholotu Palu.
-
Asia cat exposure growth outpaces other regions as global annual losses top US$151bn: Verisk
- September 4
Exposure growth amid rapid urban expansion is one of the main contributors to annual increase in losses alongside inflation; while climate change accounts for just 1% of losses.
-
Insurers brace for claims as wild weather hits southern Australia
- September 3
The severe weather including damaging winds, major floods and coastal hazards caused widespread damage across Victoria and Tasmania and left more than 120,000 without power.
-
Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
-
Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
-
Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
-
Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
