The first update to the National Seismic Hazard Assessment of Australia since 2018 has been released by Geoscience Australia. It identifies Darwin and the eastern highlands through into Latrobe Valley as areas where there is a higher risk of strong ground shaking.
Thailand's National Cyber Security Agency (NCSA) is actively working to establish a cyber fraud insurance framework to face the growing threats from burgeoning cyber risks and data breaches. This initiative is expected to aid organisations in the country in managing their cyber risks as detailed in the country's Cybersecurity Act and Personal Data Protection Act.
At least 14 insurance companies in China have issued bonds to supplement their capital this year, with the scale of bond issuance exceeding CNY100bn ($13.7bn).
Economic downturns, such as recessions and stagnation, alongside the concern for the increasing frequency of weather events, natural disasters and labour and talent shortages, remain the most pressing concerns for businesses across the Asia Pacific (APAC) region over the next two years.
Morocco is banking on digitalisation as a strategic lever to expand access to insurance, the president of the Insurance and Social Security Supervisory Authority (ACAPS), Mr Abderrahim Chaffai, has said.
China United Property Insurance (CUPI) has announced that it had successfully issued CNY6bn ($825m) of capital supplementary bonds in the national interbank bond market.
China Meteorological Administration (CMA) and four other government agencies are promoting meteorological-related green financial tools to protect against Nat CAT risks.
The performance of Korean life and non-life insurers in 2025 is expected to be stable, with the sector outlook,'Neutral', says Fitch Ratings.
The Financial Supervisory Commission (FSC), Taiwan's financial regulator, has reiterated that the risk coefficient applicable to the insurance industry's 100% investment in public infrastructure through domestic venture capital firms will be reduced.
As risks continue to evolve, risk experts around the world have to reassess the importance of existing and emerging risks constantly. We spoke to Aon's Mr Joe Peiser on what risk trends the industries in APAC have been seeing, and how Aon is adjusting to those trends.