In 2018, California suffered its most costly and deadly fire season to date. The year's costliest insured loss event was California's Camp Fire at $12bn, the most destructive fire in the state's history. Additionally, in 2018, over 100...
Anoop Khanna | 18 Sep 2019
FM Global, one of the world's largest commercial property insurers, and the Indonesian Fire and Rescue Foundation (IFRF) have announced a partnership agreement that aims to improve property protection and resilience against fire events in Indonesia.
According to a new report by S&P Global Ratings, climate change risks will manifest in the banking industry through physical and transitional channels, increasing credit and operational costs, and threatening financial stability.
Ahmad Zaki | 18 Sep 2019
A report by Bank of Korea (BoK) released Monday urged Korea's financial services firms to strengthen their credit risk management as loans to overleveraged borrowers, such as the self-employed, are running high risks of going bad amid the...
Anoop Khanna | 11 Sep 2019
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