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Nat CAT tag returned 866 results

  • Over US$13tn investments needed for China to meet emissions target

    To achieve the 1.5 C target set in the 2016 Paris Agreement, China will need to invest CNY90tn ($13.7tn) to CNY100tn on climate measures by 2050, equivalent to about 2% of its expected cumulative GDP from 2020-50, according to Mr Lars Faeste, a managing director and senior partner at Boston Consulting Group (BCG), and a managing partner for BCG China.

    China | 27 Nov 2020
  • China: Singapore proposes cooperation on disaster risk insurance with Chongqing

    Insuring against disaster risks, like pandemics, natural catastrophes, and climate change, is one area in which the Chinese municipality of where Chongqing and Singapore can work closer together to strengthen links between China's Western Region and ASEAN, Mr Ravi Menon, managing director of the Monetary Authority of Singapore, has suggested.

    Asia | 27 Nov 2020
  • Australia: Almost half of Aussies unaware of what La Nina is

    New research commissioned by Allianz Australia has shown Australia is not as prepared as it should be for the extreme summer weather ahead.

    Asia | 26 Nov 2020
  • Turkey: Anadolu Sigorta adds quake cover to health insurance policies

    One of Turkey's largest insurers, Anadolu Sigorta, has introduced an innovative product that adds earthquake coverage to health insurance at a small premium. The product is the first in the insurance sector.

    Middle East | 25 Nov 2020
  • New Zealand: Insurance claims for Ohau fire reach US$24m

    The Insurance Council of New Zealand yesterday released its preliminary figures for the 4-5 October Ohau fire, with NZ$34.8m ($24.1m) paid for insured losses.

    Asia | 23 Nov 2020
  • Australia: Number of properties rendered uninsurable by weather predicted to nearly double by 2100

    The number of properties rendered uninsurable because of severe weather will almost double to 735,654 by 2100 from the current number of 383,330, according to a report produced for local government by analysis platform Climate Risk Engines.

    Asia | 20 Nov 2020
  • Insurance marketplace sees higher pandemic losses than estimated

    Global insurance losses from the COVID-19 pandemic will be higher this year than the $107bn Lloyd's of London had previously estimated, chairman Bruce Carnegie-Brown said.

    Asia | 19 Nov 2020
  • Nat CAT and regulation amongst top risks for the industry

    There has been an increase in frequency of Nat CAT events in Asia Pacific, according to S&P's latest report on top risks facing the industry.

    AIRPlus | 19 Nov 2020
  • Nat CAT review 2020

    The global modelled insured average annual loss from catastrophes worldwide is nearly $100bn, according to AIR Worldwide's 2020 Global Modeled Catastrophe Losses report. The 1% aggregate exceedance probability insured loss (or the 100-year return period loss) is nearly $301bn.

    AIRPlus | 18 Nov 2020
  • Federal Reserve cites climate as a financial stability risk

    Climate change has been listed as a risk for the first time in the biannual financial stability report of US Federal Reserve. The report released on 9 November 2020 has cautioned about the potential for abrupt changes in asset values in response to a warming planet.

    Asia Risk | 18 Nov 2020


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