Climate Risks
Malayan Insurance upgrades catastrophe risk analytics with Moody's modeller
The insurer said it aims to gain a comprehensive understanding of risks across regions and perils.Â
Malayan Insurance upgrades catastrophe risk analytics with Moody's modeller
The insurer said it aims to gain a comprehensive understanding of risks across regions and perils.Â
ASEAN forms reinsurance committee to tackle climate risks
The insurance industry’s snail pace in providing capacity for RE projects, the committee aims to jumpstart the progress.
Geneva Association calls for collaboration to address climate-related health risks
The report highlights the potential long-term consequences on health and life insurance as climate events become more severe and frequent.
What can blindside Australia’s growing general insurance industry
Natural catastrophe may hinder the potential CAGR of 6.4% through 2025, analysts warned.
Climate risk is burning billions and Asia remains vulnerable
In 2021, the largest recorded natural disaster in the region cost over $2b.
$3.37b losses in Eastern Australia floods to challenge insurers
The initial assessment of losses was $2.75b in April.
Insurers can halve emissions by 2030: UN official
The UN assistant secretary-general for climate action has three asks for the industry.
Nat Cat makes home insurance unaffordable in Australia
This could ultimately lead to underinsurance or no insurance at all.
520,944 properties in Australia to be uninsurable by 2030
Riverine flooding poses the biggest risk to properties.
9 out of 10 of insurers worried over climate risksÂ
Insurers said this will have a significant impact on portfolio construction.
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1. MAS slaps 12-year ban on ex-Manulife rep for cheating 2. Allianz Partners collaborates with MoneyHero for travel insurance 3. Singlife and Doctor Anywhere launch subscription plan for self-employed 4. Vietnam's general insurance to hit $3.9b by 2028 5. Allianz sells 51% stake in Saudi unitAwards
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