The Australian Prudential Regulation Authority (APRA) yesterday released its policy and supervision priorities for the next 12-18 months to ensure the financial system is "protected today and prepared for tomorrow".
Liberty Global Transaction Solutions (GTS) has launched its contingent legal risk insurance (CLRI) M&A product in the Asia-Pacific market.
Specific drivers will prevail in the insurance industry during 2023 and these will include ESG risks, geopolitics, technology change and claims inflation according to Kennedys, the global law firm in its annual forecast report for the insurance sector.
Extreme weather events induce psychological trauma which can have long-term impact on survivors' cognitive functioning according to a new study.
Climate change driven natural disasters caused global economic losses of $313bn in 2022, according to a new report by insurance broker Aon. Less than half of these losses were insured.
Ravaged by human disturbances, deforestation, drought and fires, over a third of the Amazon rainforest has been rapidly deteriorating according to two new studies which have raised concerns that the rainforest with a unique ecosystem may be approaching a point of no return.
A new ranking table of the top global universities has revealed that these institutions are failing to prepare graduates for a 1.5 degrees Celsius rise future.
The CEOs of local insurance companies are urged to pay extra attention to risk management and market stability while refraining from over-expansion.
Ice in Greenland is defrosting, leading to melting events that could raise sea levels by almost 51cms by the end of the century according to a new research study.
Over the past 12 months, Asia has been buffeted by overlapping international crises, including the COVID-19 pandemic and Russia president Vladimir Putin's invasion of Ukraine, but there is a good case for cautious optimism about Asia's prospects for 2023 according to Asia Pacific Foundation of Canada distinguished fellow Bart Édes writing in Marsh McLennan web newsletter Brink.