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Nat CAT tag returned 465 results

  • India: Kerala government looks into setting up Nat CAT insurance fund

    The government of flood-prone Kerala, a coastal state in southern India, is thinking of setting up an natural disaster insurance scheme to cover residential properties, in the wake of the massive devastation caused by the floods that hit the state last year.

    Asia | 15 Jul 2019
  • Catastrophe modelling firm releases event footprint for Kyushu flooding

    With wide-scale flooding and landslides battering the island of Kyushu in southern Japan and causing extensive damage over the past week, JBA Risk Management has produced a flood event footprint. This includes estimates for flood extents and depths for river flooding as well as surface water (pluvial) flooding and covers affected areas within Kagishima, Miyazki, Kumamoto and Ishikawa prefectures.

    Asia | 12 Jul 2019
  • China promotes ESG disclosure to attract foreign investments

    Industry experts see China leading the growth in disclosures related to environmental, social, and governance (ESG) standards in a bid to attract more foreign investments, reported Bloomberg.

    China | 12 Jul 2019
  • Asian economic powerhouses incur heavy Nat CAT losses in June: Report

    China and India were struck badly by Nat CAT losses last month, according to the latest edition of Aon's monthly 'Global Catastrophe Recap' report which evaluates the impact of the natural disaster events that occurred worldwide during June 2019. While the seasonal flood toll in China was listed at $6.1bn, nationwide year-to-date drought losses in India increased to approximately $1.75bn.

    Asia | 11 Jul 2019
  • Lebanon: Call for autonomous disaster insurance pool

    Lebanon's caisse mutuelle (mutual fund) system provides an excellent infrastructure for citizens to voluntarily create a common disaster insurance pool autonomously from the government, according to a commentary by environmental policy researcher and entrepreneur Mr Basil Mahfouz.

    Middle East | 11 Jul 2019
  • Australia: New insurer goes where few dare to tread

    A new insurer is moving into north Queensland, which is prone to cyclones and floods and where insurance premiums and losses are high.

    Asia | 11 Jul 2019
  • Perceptions about climate change play a significant role

    A World Bank study 'Co-Location, Socioeconomic Status and Perceptions of Environmental Change in the Indian Sundarbans' says that perceptions about environmental risks among elite households vary significantly more than perceptions among non-elite households which could affect the response to climate change.

    Asia Risk | 10 Jul 2019
  • Saudi Arabia: Kingdom expected to be most negatively affected by climate change

    Oil producers are one group of countries that are negatively affected in rising temperature scenarios. They include Saudi Arabia, Oman, Qatar and Nigeria, according to a report by Moody's Analytics which provides financial intelligence and analytical tools supporting clients' growth, efficiency and risk management objectives.

    Middle East | 10 Jul 2019
  • Skyrocketing premiums could lead to a 'climate apartheid'

    Global Insurance Law Connect (GILC) last week launched its first annual Risk Radar which pulls together themes from across the network that insurers should have in their sights.

    AIRPlus | 09 Jul 2019
  • Sri Lanka: Farmers sign up for first blockchain-based agricultural insurance

    Nearly 200 smallholder paddy field farmers in Sri Lanka, who are at risk of losing their crops due to extreme weather, have enrolled in a newly-launched blockchain-based platform which provides them with automated microinsurance products. The platform was recently launched by InsurTech start-up Etherisc, insurance broker Aon and Oxfam, which have collaborated to utilise blockchain technology and directly address issues that are exacerbating the protection gap among these farmers.

    Asia | 03 Jul 2019


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