IAG releases climate action plan to meet FY 2030 emissions reduction targets
August 23 2024 by InsuranceAsia News
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South Korean government pushes ahead with EV battery certification scheme: report
- August 26
Set to launch in October, the certification scheme seeks to alleviate growing public concerns about lethal fires caused by EV lithium batteries, as insurers are reviewing their existing motor policies to gauge the potential losses in their books.
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Australia’s insurance affordability aggravated by 30% premium hike for nat cat-exposed properties: report
- August 26
As more frequent extreme weather events are driving the premiums up, regions like southwest and southeast Queensland, NSW' Northern Rivers, regional Western Australia and the Northern Territory are among the most exposed to the risk of being underinsured.
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Climate change exposes banks to ‘silent’ risks as insurance gets more unaffordable: Aon
- August 22
Banks can leverage on tools and datasets that insurers have been using for pricing climate risks. Alternative risk transfer tool such as parametrics can also provide additional protection, the broker said.
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NFRA seeks to improve nat cat response through new insurance assessment system
- August 21
The assessment system is intended to improve the country’s response mechanism based on different grading of natural catastrophes, according to the P&C insurance supervision chief.
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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.
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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.
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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.
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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.
