Subject: Risk Page 12 / 25
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- December 2 2021
Cyclone claims to rise unless house designs improve: ICA
New report says construction methods need updating amid an evolving climate change threat.
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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 26 2021
APRA to look for ‘evidence’ on risk management controls
APRA deputy chair Helen Rowell wants boards and senior management to avoid "mistakes of the past".
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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 17 2021
SIRC 2021: Pandemic BI cover needs ‘government support’
Experts say (re)insurers do not have the balance sheets to sustain the magnitude of Covid-19 losses.
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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 10 2021
Asian reinsurers face volatile future
Risk appetite is on the rise, but so are the challenges to stable earnings.
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- November 9 2021
Tower appoints QBE exec as chief claims officer
Steve Wilson is leaving the Australian firm after over five years and joining the New Zealand insurer in January.
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- October 21 2021
Asia’s cyber market needs to learn its limitations
Systemic attacks on critical infrastructure have been described as "beyond the industry's capacity to insure".
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- September 28 2021
CBIRC wants mainland insurers to use HK as cat bond hub — report
The move comes soon after China’s Henan province saw devastating flooding in July.
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- September 23 2021
Flood insurtech Previsico raises US$2.5m
The insurtech tells IAN it is currently targeting China and Hong Kong in the Asia Pacific region.
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- September 15 2021
Renewable energy risks climb in Asia: Lloyd’s webinar
Solar and wind farms are more susceptible to nat cats than traditional forms of energy.
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- September 9 2021
Lloyd’s Asia players highlight property, manufacturing risks: webinar
The ability to add extra protection through ownership seen as a key factor affecting an insured's risk profile.
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- September 2 2021
Asia’s debt burden heightens political risk: Lloyd’s webinar
Insurers warned that economic conditions are set to determine the claims environment in the years ahead.
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- August 6 2021
Moody’s buys RMS for US$2bn to bolster climate risk analytics
The rating agency flagged the risk modelling firm's P&C and life (re)insurance capabilities.
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- August 5 2021
Cyber insurance pricing hardens as attacks escalate
Lloyd's webinar told that cyber cover has been underpriced for many years.
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- August 4 2021
Lloyd’s players highlight strong demand for political violence cover
Strikes, riots and civic commotion (SRCC) rates generally flat in Asia except for distressed regions such as Myanmar.
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- August 3 2021
APRA stress tests show (re)insurers’ resilience amid Covid-19
The regulator says there is room to improve stress testing capabilities across the insurance industry.
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- July 30 2021
Liberty Specialty Markets makes two APAC leadership changes
Vanessa Maher takes on Australia chief risk role as Rob Mercer becomes regional claims head.
