Subject: Climate Page 20 / 28
-
- April 11 2022
Net-zero affecting capacity in Asia
Brokers say that net-zero commitments are starting to affect pricing.
-
- April 4 2022
Australia P&C renewals to be ‘tougher’ as cats bite: AM Best
Insurers usually buy cat excess-of-loss reinsurance with a limit above an expected 1-in-200-year loss.
-
- March 28 2022
Governments should step up nat cat market outreach
Recent flooding in Malaysia and Australia reinforce urgency in setting up protection schemes.
-
- March 22 2022
Bridging Asia’s environmental liability insurance gap
Tightening regulations and heightened awareness are driving demand in a complex risk environment.
-
- March 21 2022
Swiss Re’s net-zero pledge could make Asia’s reliance on fossil fuels more costly
Asian reliance on LNG under pressure as reinsurers take aim at new oil and gas projects.
-
- March 15 2022
Senior China official calls for insurers to issue ILS in HK: report
Samuel Yung suggests the SAR and GBA develop a climate and disaster data sharing framework.
-
- February 11 2022
Chaucer launches new ESG scorecard
The China Re-owned specialty player is teaming up with Moody’s to track ESG metrics.
-
- February 10 2022
QBE joins UN’s Net-Zero Insurance Alliance
The insurer has agreed to transition its underwriting portfolio to net-zero by 2050.
-
- February 9 2022
Aussie climate tech firm FloodMapp raises US$6m
The funding round for the cat modeller was led by Union Square Ventures’ Climate Fund.
-
- February 7 2022
Korean insurers too slow to quit coal
Samsung F&M and other Korean insurers lag global peers in adopting coal policies.
-
- January 26 2022
Typhoon Rai triggers US$52.5m cat bond payout for Philippines
Following a wind metric, another calculation for the World Bank instrument will look at precipitation.
-
- January 18 2022
Market raises concerns over Asia secondary perils pricing
Inadequate models are putting pressure on underwriting results, say market participants.
-
- January 18 2022
Powerful Queensland hailstorm triggers commercial claims
The storm damaged a council building, an aquatic center and an art gallery in Toowomba.
-
- January 14 2022
Climate crisis dominates Asia’s risk outlook
Nat cats caused US$50bn of losses in APAC in 2021, as WEF says top five risks are linked to climate change.
-
- January 11 2022
Hong Kong is a ‘great place’ for ILS: Asian Financial Forum
Execs from Zurich, Scor, HSBC and WTW highlighted appetite for nat cat bonds to manage climate risks.
-
- January 10 2022
HK can help China with rising reinsurance needs: CBIRC vice chairman
Xiao Yuanqi was speaking on the first day of the 15th Asian Financial Forum.
-
- December 7 2021
AIA calls time on coal seven years early
The Hong Kong-based life player has also committed to achieving net-zero greenhouse gas emissions by 2050.
-
- December 1 2021
Australia ups state flood mitigation funding by US$35m
Applications opened this week to access money from the country's National Flood Mitigation Infrastructure Program.
-
- November 30 2021
PIC 2021: Asia’s L&H market faces climate change hit
The region's life and health markets face a massive protection gap which experts say is being made worse by a warming planet.
-
- November 24 2021
Can insurers help ‘keep 1.5 alive’?
A lack of data could hamper the industry’s efforts to play its part in achieving net zero.
