Over 85% of Australian carriers on track to achieve net-zero by 2050: ICA
November 27 2023 by Georgina Lee-
Opinion: China’s onshore oil & gas expansion throws spotlight on risks for insurers
- July 26
With China's new exploration projects, questions remain over which (re)insurers will benefit at a time when the backlash against failure to exit from fossil fuels underwriting grows louder.
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Noto earthquake, China floods among costliest H1 2024 economic loss events: Aon
- July 19
The Noto earthquake remained the costliest event of the year to date in terms of total economic losses with more than U$17bn in direct damage, according to the broker's new cat recap report for the first six months of the year.
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South Korea’s ‘heaviest-in-200-years’ rain to lead to motor, crop losses
- July 19
The event is likely to see reinsurers introduce coverage limits for parking lots and trigger pay-outs from the government’s agricultural and fishery disaster reinsurance program.
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Market dynamics positive despite geopolitical, climate risks headwinds
- July 18
Severe weather events, projected to rise by 5-7% every year, geopolitical unrest, and supply chain disruption are the main systemic perils that put pressure on the insurers, according to SwissRe Corso CUO Kera McDonald.