Subject: Climate Page 21 / 29
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- November 18 2021
APAC insurers should curb coal to avoid legal threat: Moody’s
Climate change-linked lawsuits against companies in carbon intensive industries have increased in recent years.
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- November 18 2021
SIRC 2021: Can climate disasters be tamed?
Experts from Allianz Re, Aon, Descartes Underwriting and SEADRIF discussed the impact of floods, droughts and wildfires.
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- November 17 2021
SIRC 2021: Nature-based solutions offer long-term returns
Climate change mitigation could generate financial returns of up to US$25bn per year across Asia.
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- November 17 2021
US$22bn needed to protect coastal communities: ICA
The figure accounts for around 1.2% of all annual infrastructure spending by local, state and federal governments.
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- November 16 2021
SIRC 2021: Break siloes to harness Asia cat data
As the volume of data rises, experts say overcoming internal company challenges will be the key to effective usage.
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- November 16 2021
SIRC 2021: Swiss Re’s Ojeisekhoba talks climate risk, pricing
Conference told that the risk from secondary perils has increased in recent years.
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- November 15 2021
SIRC 2021: Lloyd’s chair calls for action on sustainability
Bruce Carnegie-Brown says measured but urgent action will help mitigate the region's multiplying risks.
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- November 15 2021
Munich Re’s Park on climate risks, underwriting and transformation
James Park, the reinsurer's chief executive for Singapore and South-East Asia, warns on unmodelled risks.
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- November 4 2021
COP26: (Re)insurers not aligned with net zero goal
While insurers have taken action on coal, campaigners have criticised the industry's failure to move away from oil and gas.
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- October 27 2021
Parima 2021: PPPs make green energy projects viable
Insurers say renewable business lines have struggled with profitability for many years.
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- October 25 2021
Risk transfer needs reinventing to address climate crisis
Current pricing relies on models that have consistently come up short.
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- October 18 2021
Shinhan Life joins net-zero climate push
Commitment to limit emissions of underwriting portfolio is first for an Asian insurer and comes ahead of COP26.
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- October 15 2021
Asia’s combined September economic losses exceed US$30bn: Aon
The region was hit by a series of powerful storms and two earthquakes.
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- October 13 2021
Tropical Cyclone Seroja loss revised downward to US$290m: Perils
The nat cat data provider's initial estimates put the cost to the insurance industry at US$318m.
