Subject: Climate Page 24 / 29
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- November 17 2020
2019 Timaru hailstorm losses soar to US$117m: ICNZ
As the first year anniversary approaches, the claims bill is a significant increase over previous figures.
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- November 13 2020
Samsung insurers advance Korea ESG momentum
The life and P&C units have issued a "coal-free declaration."
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- November 11 2020
Aon’s Greg Case says risk managers “more aware of long tail risk”
The next pandemic, cyber trends and a hardening market are on the agenda at Parima 2020.
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- November 9 2020
Philippines and Vietnam suffer US$700m storm damage costs
McLarens and Total Claims Specialist have shared on the ground claims intelligence with IAN.
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- November 6 2020
SIRC: Climate change is a huge risk, but also a market opportunity
Execs from QBE, Swiss Re and Willis Towers Watson discussed pricing, technology and scenario planning.
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- November 4 2020
Queensland hailstorm claims soar as La Nina outlook worsens
It could be a long autumn and summer for insurers as losses reach US$140m.
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- October 27 2020
Creeping hailstorm losses are Australia’s latest market challenge
As claims from one event reach US$430m - data, analytics and reinsurance are climbing the agenda.
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- October 27 2020
Japan’s 2050 carbon pledge to spur market into action
The nation is pivoting towards more committed climate policies, with huge implications for (re)insurers.
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- October 26 2020
IAG’s growth sluggish as outgoing Harmer flags “challenging” H2
The firm's incoming CEO will take the reins after an exceptionally tricky period.
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- October 13 2020
Expect “above average” and early Australia cyclone season: BOM
A La Nina weather system means the market needs to prepare for a wet six months.
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- October 6 2020
Axa’s Thomas Buberl warns on climate risk complacency
The market needs to balance the immediate threat of the pandemic with longer-term risks.
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- October 1 2020
Australia’s insurers brace for wet summer as La Nina declared
The weather pattern will have differing results depending on the part of the country.
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- October 1 2020
MS&AD, Tokio Marine reaffirm climate commitments
They follow in the footsteps of Sompo, who released a climate and coal policy last week.
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- September 24 2020
Sompo becomes first Japanese insurer to outline coal policy
But green groups say Japanese carriers are still lagging behind, with strong words for Tokio Marine.
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- September 16 2020
Flood claims in NZ approach US$50m from two events
Payouts for July's Northland floods have already exceeded February's Southland disaster.
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- September 9 2020
Guy Carpenter targets Indonesia’s growing flood risk
APAC CEO Tony Gallagher says it impacts thousands each year, with significant cover gaps.
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- September 2 2020
Typhoon Maysak threatens South Korea’s Busan
The market is bracing for claims over the next few days.
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- September 1 2020
Australia Bushfire Commission: “Tough reality ahead” for market
More extreme summers and large losses are in store for (re)insurers.
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- August 21 2020
Suncorp focuses on transformation as FY cash profit drops 33%
Group CEO Steve Johnston recognises the need to speed up change.
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- August 17 2020
Does climate change in New Zealand mean premium rises?
Market players such as IAG are recognising the urgent need to act alongside the government.
