Industry Segments: Climate Page 23 / 28
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- January 21 2021
IAG receives over 5,000 claims after holiday storms
Australian insurer tells IAN additional claims are expected in the coming weeks.
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- January 19 2021
Data a key tool to mitigate climate risk: AFF 2021
Panellists highlight the difficulty in underwriting new green technologies such as solar panels and fuel cells.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
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- January 17 2021
Climate, pandemic and social inflation drove 1:1 increases: Fitch
The upward pressure on prices was tempered somewhat by an abundance of capital.
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- January 8 2021
Asia’s 2020 nat cat losses highlight lack of cover: Munich Re
Only US$3bn out of US$67bn total losses were covered.
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- January 7 2021
Typhoon Mangkhut analysis highlights HK’s risk exposure
The Special Administrative Region has been ranked as having the highest natural disaster risk in Asia.
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- December 16 2020
Australia’s Adani coal mine sees 28th (re)insurer back out
Fidelis has said it won't provide cover for the controversial coal project.
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- November 30 2020
NSW’s market on alert after bushfires and extreme heat
Summer started with an unwelcome combination over the weekend.
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- November 25 2020
AIA conducting coal portfolio review as critics take aim
Climate groups say the Hong Kong life player’s policies do not go far enough.
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- November 17 2020
Bushfire season reignites as Bureau of Meteorology issues warning
A fire in Victoria, extreme heat and a damning scientific climate report see market on high alert.
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- November 17 2020
2019 Timaru hailstorm losses soar to US$117m: ICNZ
As the first year anniversary approaches, the claims bill is a significant increase over previous figures.
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- November 13 2020
Samsung insurers advance Korea ESG momentum
The life and P&C units have issued a "coal-free declaration."
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- November 11 2020
Aon’s Greg Case says risk managers “more aware of long tail risk”
The next pandemic, cyber trends and a hardening market are on the agenda at Parima 2020.
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- November 9 2020
Philippines and Vietnam suffer US$700m storm damage costs
McLarens and Total Claims Specialist have shared on the ground claims intelligence with IAN.
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- November 6 2020
SIRC: Climate change is a huge risk, but also a market opportunity
Execs from QBE, Swiss Re and Willis Towers Watson discussed pricing, technology and scenario planning.
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- November 4 2020
Queensland hailstorm claims soar as La Nina outlook worsens
It could be a long autumn and summer for insurers as losses reach US$140m.
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- October 27 2020
Creeping hailstorm losses are Australia’s latest market challenge
As claims from one event reach US$430m - data, analytics and reinsurance are climbing the agenda.
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- October 27 2020
Japan’s 2050 carbon pledge to spur market into action
The nation is pivoting towards more committed climate policies, with huge implications for (re)insurers.
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- October 26 2020
IAG’s growth sluggish as outgoing Harmer flags “challenging” H2
The firm's incoming CEO will take the reins after an exceptionally tricky period.
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- October 13 2020
Expect “above average” and early Australia cyclone season: BOM
A La Nina weather system means the market needs to prepare for a wet six months.
