Insurers warn on climate risk
June 9 2017 by Nick Ferguson
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Philippines oil spill could cost Shipowners’ Club over US$100m
- March 9
IAN understands that the P&I club is the sole insurer on a sunken oil tanker that was carrying 800,000 litres of toxic fuel oil.
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Ping An floats first-ever ocean carbon sink insurance
- February 15
Product provides US$58,000 worth of cover against specific changes in the marine environment that damage local species.
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First net-zero protocol faces backlash for ‘lack of ambition’ and ‘greenwashing’
- January 18
Activists say reduction target of 34% by 2030 is lower than IPCC recommendations and exclusions to construction and erection all-risk lines allow insuring of new power plants.
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Lloyd’s syndicate Probitas 1492 underwriting Adani Carmichael project: report
- December 20
The insurer is insuring Carmichael rail line, coal haulage operation and NQXT coal port.
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Allianz Re: Agriculture Insurance in Asia: Protection gap and embracing technology
Digital transformation is at the heart of bridging protection gap and removing bottlenecks for farm cover in China and India.
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AXA XL: Helping ESG move from the periphery to the mainstream
Underwriter Victoria Soo and Senior Risk Analyst Daryl Soh on how credit insurance helps finance infrastructure projects and other ESG investments.
