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Nat CAT tag returned 1463 results

  • More support needed for green insurance

    Majority of the world's energy is still dominated by non-renewable sources such as coal, oil and gas. While there are some insurers who have stopped covering unsustainable energy projects, the dependence on traditional energy sources ultimately requires coverage.

    AIRPlus | 28 Sep 2022
  • Risk of triggering multiple climate tipping points

    Even if countries meet the goals of the Paris Climate agreement, global warming could still trigger several climate tipping points that would drastically change life on the Earth according to a new research.

    Asia Risk | 28 Sep 2022
  • Australia: Suncorp to set up national disaster response centre

    Suncorp will establish a national Disaster Response Centre of Excellence in Brisbane, where the financial services group is headquartered, as part of the group's commitment to Queensland, according to Suncorp chairperson Christine McLoughlin.

    Asia | 28 Sep 2022
  • Australia: Project cargo insurance supports new renewable energy developments

    Companies in Australia and around the world are racing to install new renewable energy facilities. However, getting the components from diverse manufacturers to remote sites often involves numerous challenges, says Mr Tom Hughes, AXA XL's head of Marine for Australia who is based in Melbourne.

    Asia | 27 Sep 2022
  • Japan: Insurers expected to find losses from super typhoon Nanmadol manageable

    Given Super Typhoon Nanmadol's reduced strength upon landfall and the parts of Japan affected, AM Best expects insured losses to be manageable for Japan's non-life insurers.

    Asia | 27 Sep 2022
  • Southeast Asia's coastal cities sinking fastest

    An increase in extraction of groundwater, oil, and gas, as well as the rapid construction of buildings and other urban infrastructure is making many coastal cities vulnerable to rising sea levels as large measures of their land is sinking.

    AIRPlus | 26 Sep 2022
  • Climate change: India extremely vulnerable to displacement of people

    Floods are among the primary hazards of concern and account for most weather-induced displacements according to a new report by the Asian Development Bank and the Internal Monitoring Centre.

    AIRPlus | 22 Sep 2022
  • Malaysia: Bank Negara expects insurers and other FIs to understand how climate change affects risk exposures

    Bank Negara Malaysia (BNM) expects financial institutions (FIs) to understand how climate-related risk drivers can impact their risk exposures - including credit, market and insurance risks from their lending, underwriting and investment activities, according to Ms Jessica Chew, deputy governor of Malaysia's central bank.

    Asia | 22 Sep 2022
  • Australia: 3rd La Nina season expected

    With insurance claims still mounting from recent Eastern Australian floods, the Insurance Council of Australia (ICA) says now is the time to prepare property for what is forecast to be a wet spring and possibly summer across eastern Australia, following the declaration of a La Nina weather pattern by the Bureau of Meteorology (BOM).

    Asia | 22 Sep 2022
  • Simultaneous climate events risk damaging interlinked socioeconomic systems

    The cascading effects of extreme weather - such as recent heat waves which combine heat and drought - and the interconnectedness of critical services and sectors has the potential to destabilise socioeconomic systems according to a new study.

    Asia Risk | 21 Sep 2022


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