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Apr 2022



Asia Pacific: Insurers' earnings expected to fluctuate in the wake of Russia-Ukraine war

The Russia President Vladimir Putin’s invasion of Ukraine may have a modest direct hit on Asia-Pacific insurers’ financial performance. Regional insurers’ bond and equity investments in Russia, Ukraine and Belarus are a small part of their total assets, according to a report released yesterday by S&P Global Ratings (S&P).

Australia: East coast floods to result in pricing hikes, exclusions and inflation

Australian insurance broker Honan says that the flooding event ravaging the east coast of Australia has implications for insurance pricing, policy wording and other considerations.

Taiwan: Government to present roadmap to achieve net-zero emissions in April

The National Development Council (NDC) will soon present a road map for Taiwan to achieve net-zero emissions, the head of the council Kung Ming-hsin told lawmakers.


'No end' to rising cyber threat for financial services

The annual report of FS-ISAC on cyber threats for financial firms has said the same top three risks, as in 2021, would continue to dominate in 2022 as well, on the back of increasing digitalisation in the financial services sector.

Climate change to displace millions, especially in Asia

Scientists predict that a staggering 143m people could be displaced and migrate over the next 30 years due to rising seas, drought, searing temperatures and other climate catastrophes - and that over a third of these would come from Asia.

January 2022 was Earth's sixth-warmest January on record

January 2022 was recorded as Earth’s sixth-warmest January since global record-keeping began in 1880.