China has published new guidelines that will enable systematic flood risk assessments and put in place sustainable efforts to strengthen disaster prevention and control.
The Government of Indonesia, UNDP and Swiss Re have come together to setup a Marine Biodiversity Trust to create insurance solutions for coral reef protection and restoration in Indonesia.
The latest industry loss estimate for tropical cyclone Alfred, which affected the states of Queensland and New South Wales in Australia is A$2.25bn ($1.46bn), per independent industry CAT insurance data provider PERILS.
The total insured cost of extreme weather events that impacted Australia in 1H2025 has exceeded A$1.8bn ($1.18bn), according to new data released by the Insurance Council of Australia (ICA).
The Insurance Council of Australia (ICA) has welcomed the government of New South Wales' (NSW) renewed commitment to reforming the Emergency Services Levy (ESL).
In New Zealand, the Natural Hazards Resilience Partnership has been signed to enhance the country's coordination and cooperation in responding to, and recovering from, major natural disasters.
Australia is seeing an emerging dual crisis of growing housing inequity. Rising prices relative to wages in metropolitan areas are creating intergenerational inequity, while the risk of climate-driven price declines in high-risk regions could drive geographic inequity.
Investors are encouraged to evaluate their portfolio exposure to deforestation and linked human rights abuses, phase out deforestation and forest conversion risks by 2030, actively engage with companies, asset managers, and policymakers, and disclose their actions, risks, and progress using measurable data.
The number of insurance claims for wild-weather related damage received by NRMA Insurance between January and May this year has surpassed the total number of wild-weather claims received by it in the full year 2024. New data released by NRMA Insurance said it received more than 32,000 claims for wild weather-related damage between January and May this year.
As New Zealanders are expecting more extreme weather events as a result of climate change, they want more to be done to reduce the risks and costs of these events to help keep insurance affordable and available.