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Nat CAT tag returned 895 results

  • UAE: Etihad Credit Insurance signs pact to support renewable projects

    Etihad Credit Insurance (ECI), the UAE's federal export credit company, has signed an agreement with Masdar, Abu Dhabi Future Energy Company, to work on initiatives aimed at supporting investment in renewable projects that will contribute to reducing carbon emissions.

    Middle East | 24 Jan 2021
  • Turkey: Regulator makes earthquake insurance more attractive

    The Insurance and Private Pensions Regulation and Supervision Agency (SEDDK) has increased the coverage ceiling of the Compulsory Earthquake Insurance scheme (DASK) to TRY268,000 ($36,000), 20% higher than the previous cap of TRY240,000.

    Middle East | 21 Jan 2021
  • Australia's Black Summer fires a climate wake-up call

    The 2019-20 Black Summer bushfires in Australia are a wake-up-call demonstrating the extreme effects of climate change according to a new study which examines the factors that caused the disaster.

    Asia Risk | 20 Jan 2021
  • Covid-19 trio tops global and Asia Pacific business risks

    A trio of Covid-19 related risks ranks at the top of Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic. Business interruption (#1 with 41% responses) and Pandemic outbreak (#2 with 40%) are this year's top global business risks with Cyber incidents (#3 with 40%) ranking a close third.

    Agents | 19 Jan 2021
  • Morocco: Floods raise questions about compulsory catastrophic insurance

    Torrential rains in Morocco earlier this month have caused cars to be inundated by flood waters and raised questions about the application of the compulsory catastrophic insurance law.

    Middle East | 18 Jan 2021
  • Record number of billion-dollar disasters struck US in 2020

    The year 2020 was an extraordinary one for weather and climate events in the US. The country had to endure an unprecedented 22 disasters in 2020, each costing more than a billion dollar according to a recap by National Oceanic and Atmospheric Administration (NOAA).

    Asia Risk | 13 Jan 2021
  • 50 countries commit to protect 30% of Earth's land and oceans

    A coalition of 50 countries has committed to protect almost a third of the planet Earth by 2030 by halting the destruction of the natural world and slow extinctions of wildlife according to The High Ambition Coalition (HAC).

    Asia Risk | 13 Jan 2021
  • Australia: QBE finalises 2021 reinsurance coverage on better terms

    QBE, Australia's largest insurer in terms of premium income, has finalised renewal of the Group's reinsurance programme effective 1 January 2021, the company says in a statement.

    Asia | 13 Jan 2021
  • Morocco: Regulator issues info guide on catastrophic event insurance

    The Insurance and Social Insurance Supervisory Authority (ACAPS) has published an information guide on its catastrophic events (EV CAT) insurance scheme which entered into force on 1 January 2020.

    Middle East | 11 Jan 2021
  • Hong Kong: HKFI paper estimates Mangkhut caused direct economic loss of US$593m

    The direct economic loss caused by Super Typhoon Mangkhut when it lashed Hong Kong in September 2018 is estimated at about HK$4.60bn ($593m), which is about 3.8 times that of Super Typhoon Hato in 2017, according to an academic paper produced for the first time by the Hong Kong Federation of Insurers (HKFI) and Hong Kong Observatory (HKO).

    Asia | 08 Jan 2021


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