Read the latest edition of AIR and MEIR as an Interactive e-book

Jan 2023



ASEAN: Insurers incorporate climate-related measures in their operations

Most ASEAN insurers already have taken strategic steps to incorporate the Paris accord – an international treaty on climate change – or ESG into their operations.

Australia: Health funds return $1.4bn profits to meet COVID-19 commitments

Health insurers have handed back to policyholders about A$2.1bn ($1.4bn) of the profits they gained from a reduction in claims between the start of the pandemic and 30 June 2022, according to the latest report of the Australian Competition and Consumer Commission (ACCC).

Philippines: More foreign players are expected to enter insurance market

More foreign companies are likely to enter the insurance market in the Philippines as the deadline looms for the final tranche of required capital increases -- a move that would impact small local insurers.


Availability of fresh water in a changing climate

Currently 3.6bn people face inadequate access to water for at least a month per year and this is expected to increase to more than 5bn by 2050 according to the first edition of the State of Global Water Resources 2021 report.

Risks to democratic processes are increasing significantly

One third of countries across the world have seen risks to their democratic processes increase significantly during the past five years, with corporates operating in poorly ranked countries facing ESG and supply chain threats according to Verisk Maplecroft democratic governance ondex (DGI).

Rapidly melting glaciers release unknown bacteria into water ecosystems

Fast-melting glaciers are releasing staggering amounts of unknown bacteria into rivers and streams, which could transform icy ecosystems according to new research.