IAG exec issues climate change warning for Western AustraliaApril 14 2022 by InsuranceAsia News Staff
- August 8
Munich Re, Swiss Re, Hannover Re and PartnerRe were among firms hit by the wild weather.
- August 4
The country’s first climate adaptation document wants to address affordability of cover.
- July 21
Samsung F&M and Hyundai M&F under fire, but Kepco’s decision to exit coal signals change.
- July 14
Anthony Albanese highlights large scale renewable energy plan, as over 12,000 claims lodged from recent flooding.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.