Subject: Climate Page 25 / 28
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- July 22 2020
CBIRC urges insurers’ support for flood-hit regions
Direct economic losses have soared past US$12bn.
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- July 22 2020
Perils counts rising cost of Australia’s January hailstorms
Claims have increased to US$1.28bn according to the latest data.
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- July 20 2020
China’s worst floods in 30 years renews focus on risk
Greater public-private collaboration and advanced modelling is needed.
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- July 15 2020
Japan flood losses to reach “hundreds of millions”: report
Aon says insurers are expecting at least thousands of claims.
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- July 15 2020
MS&AD invests in tech to track climate change risks
A new partnership could be game-changing for (re)insurers and asset managers in Asia.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
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- July 10 2020
Japan’s majors to hike rates after paying out billions
Several years of major nat cats means price rises for fire insurance next year.
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- July 7 2020
US$1.3bn market loss at peak of Australia’s bushfires: Perils
The provider has postcode level data for a seven day period of the 2019/2020 summer fires.
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- June 30 2020
China flood losses soar to nearly US$4bn
The country is bracing for more flooding on the east coast this week.
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- June 26 2020
China Life goes clean in US$1.1bn energy fund
The largest state insurer continues to be a key investor in the country's clean energy push.
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- June 18 2020
Swiss Re, Tata AIG partner in India for catastrophe scheme
The state-led parametric programme covers the current monsoon season.
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- June 17 2020
South China flood losses reach almost US$3bn
Intense rain and floods come as Beijing deals with a new Covid-19 cluster outbreak.
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- June 12 2020
Leaked documents show market cooperation with Adani mine
The invoices involve major (re)insurance players but several firms are downplaying involvement.
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- June 8 2020
Bushfire Commission issues warning to Australia’s market
The government, insurers and scientists look to address the country's huge climate risks.
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- June 4 2020
Tokio Marine upgrades renewables after GCube purchase
GCube is looking to expand into key Asia markets to underwrite renewable energy risk.
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- June 1 2020
Calm or choppy waters ahead? Asia’s storm season outlook
China Re and Guy Carpenter give their predictions after a testing few years.
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- May 29 2020
Australia and New Zealand nat cat bill shoots to US$3.5bn
Insurers are still dealing with multiple recent disasters alongside Covid-19.
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- May 28 2020
Scor further divests from coal with UN asset pledge
The French giant, led by Denis Kessler, wants its investments to be carbon neutral by 2050.
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- May 27 2020
Australia’s bushfire commission commences
Climate scientists, IAG and a government committee teamed up for the first day of hearings.
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- May 25 2020
Cyclone Amphan likely to cost insurers over US$100m
The powerful storm is a worrying start to Asia's typhoon season.
