Industry Segments: Climate Page 25 / 27
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- May 25 2020
Cyclone Amphan likely to cost insurers over US$100m
The powerful storm is a worrying start to Asia's typhoon season.
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- May 22 2020
IAG invests multimillions into climate data platform
Understanding climate change risk is a key goal for Australia's (re)insurance market.
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- May 20 2020
India and Bangladesh brace for super cyclone while in lockdown
The human cost may loom larger than insured losses from this storm.
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- May 18 2020
Hundreds of buildings destroyed as Typhoon Vongfong lashes Philippines
The first storm of the season has come as the country tackles the Covid-19 crisis.
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- May 8 2020
QBE votes no to climate activist demands
The firm's chairman argues it is already committed to strong climate measures.
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- May 7 2020
HKIA backs green finance committee
Climate and activist pressures help pave way for a sustainable finance sector.
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- May 6 2020
Western North Pacific basin cyclone season to be ‘near normal’: GC
Total number of tropical cyclone formations expected to be steady in 2020.
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- April 17 2020
Australia’s summer losses won’t be unique: enquiry
The Royal Commission investigation into the summer's costly bushfires has begun.
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- March 11 2020
Strong weather pattern contributed to Australia’s bushfires
Indian Ocean Dipole partly to blame for extent of the disaster which has caused huge losses.
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- March 10 2020
China slowdown, climate and business disruption rise on risk agenda
Two major risk surveys highlight BI, the economy and the environment as key business concerns.
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- March 4 2020
Mitsui Sumitomo sponsors US$75m Singapore cat bond
MS&AD subsidiary is looking to protect typhoon and wind risk under the name Akibare Re.
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- March 4 2020
Australia’s January hailstorm losses jump 26% to US$528m
There have been 87,500 claims filed of which 60,000 related to motor vehicle damage.
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- February 26 2020
Covering China’s renewable energy surge
China's ambitious targets mean increased (re)insurance demand but heightened complexity.
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- February 25 2020
Australia launches royal commission into bushfires
The move by the government follows an unprecedented summer.
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- February 18 2020
Climate change jeopardising affordability: QBE
Global warming is a material risk for QBE's business operations worldwide.
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- February 12 2020
World Bank’s influence over Asia’s nat cat cover grows
Reinsurers are allying with the Washington institution to create some sizeable programmes.
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- February 12 2020
IAG’s H1 profits fall 43% as Harmer raises climate fears
The firm is now expecting A$850m of nat cat costs this year, up from A$715m in January.
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- February 5 2020
Cyclone threatens Australia as summer claims hit US$1.46bn
Cyclone Damien would be the third tropical storm of a wild weather season for the market.
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- February 5 2020
Philippines to develop nat cat risk pooling facility
The facility could make catastrophe protection for privately-owned assets compulsory.
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- January 29 2020
How is China embracing environmental standards?
Regulatory and corporate action illustrates desire to reduce risk but much more action is needed.
