PIC 2021: Asia’s L&H market faces climate change hitNovember 30 2021 by Andrew Tjaardstra
- January 14
Nat cats caused US$50bn of losses in APAC in 2021, as World Economic Forum says top five risks are linked to climate change.
- January 11
Execs from Zurich, Scor, HSBC and WTW highlighted appetite for nat cat bonds to manage climate risks.
- January 10
Xiao Yuanqi was speaking on the first day of the 15th Asian Financial Forum.
- December 7
The Hong Kong-based life player has also committed to achieving net-zero greenhouse gas emissions by 2050.
The rating agency’s outlooks on the life and non-life insurance sectors in China and Japan remain ‘neutral’, while the outlook on the Korean market has been revised to ‘neutral’ from ‘deteriorating’.
Russell Higginbotham, Swiss Re's CEO Reinsurance Asia, discusses the impact of climate change for life and health (re)insurers in the region.