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Nat CAT tag returned 732 results

  • Oman: Regulator looks into setting up disaster insurance fund

    The Capital Market Authority (CMA) is considering the establishment of a disaster insurance fund to compensate for losses that are not covered by currently available insurance products.

    Middle East | 03 Jun 2020
  • SCOR joins the UN-convened Net-Zero Asset Owner Alliance

    French reinsurer SCOR is strengthening its sustainable actions towards a low-carbon economy within its investment portfolio and became a member of the Net-Zero Asset Owner Alliance on 27 May 2020.

    Asia Risk | 03 Jun 2020
  • Coronavirus could complicate hurricane response

    A new report by catastrophe modelling firm Karen Clark & Co., (KCC) has said that the COVID-19 pandemic will make this year's hurricane season, which is expected above-average, even more difficult.

    Asia Risk | 03 Jun 2020
  • Several factors affect vulnerability to climate change

    As global warming continues, the climate also continues to change rapidly. A variety of impacts due to climate change are already being felt around the world. The first "Climate Change Starter's Guide" published by the Life Insurance Association of Japan (LIAJ) is a useful starting point for addressing climate change.

    Asia Risk | 03 Jun 2020
  • Japan: Life insurance body publishes Climate Change Starter's Guide

    The Life Insurance Association of Japan (LIAJ) has endorsed the recommendations of the Financial Stability Board (FSB)'s Task Force on Climate-related Financial Disclosures (TCFD).

    Asia | 02 Jun 2020
  • India: Govt could review need for Nat CAT pool

    The Indian government is likely to reassess the need to establish a natural catastrophe insurance pool due to mounting economic losses from a series of such events in India over the past three years.

    Asia | 02 Jun 2020
  • The locust threat to Indian agriculture

    India is facing its worst threat from locusts in almost 26 years as huge swarms have destroyed over 50,000 hectares of agriculture land in seven states and moving rapidly further into the countryside.

    AIRPlus | 01 Jun 2020
  • Australia: Insurance losses from Nat CAT season exceed US$3.4bn

    The cost of insurance claims from four natural disaster catastrophes declared over the 2019-20 summer has passed A$5.19bn ($3.46bn), with more than 15,000 new claims worth A$270m lodged in the past four weeks, says the Insurance Council of Australia (ICA).

    Asia | 01 Jun 2020
  • New Zealand: Severe weather events cost insurers more than US$100m in 2019

    Insurers paid NZ$167.6m ($104.1m) to support their customers recover from severe weather events last year, according to updated data released by the Insurance Council of New Zealand (ICNZ).

    Asia | 29 May 2020
  • A double whammy for insurers in India and Bangladesh

    Insurers in India and Bangladesh already overwhelmed by the impact of COVID-19 on their operations and businesses are now facing a bigger challenge in dealing with the claims arisng from super cyclone Amphan that has destroyed large tracts of land and property in eastern India and southern Bangladesh.

    AIRPlus | 28 May 2020


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