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Nat CAT tag returned 1011 results

  • Australia: Brokers say insurance in the north is priced "to lose business"

    The day-to-day experience of insurance brokers in northern Australia confirms the Australian Competition and Consumer Commission's report findings that the insurance market in northern Australia is extremely unusual, in that insurance companies are often competing to lose business rather than competing to gain business, says the National Insurance Brokers Association (NIBA) in a submission in response to the consultation paper, "Reinsurance pool for cyclones and related flood damage".

    Asia | 24 Jun 2021
  • Institute and Faculty of Actuaries committed to UK environment goals

    The latest research from the UK government's independent climate advisors, Climate Change Committee (CCC) has warned that action to improve the nation's resilience is failing to keep pace with the impacts of global warming and increasing climate risks.

    Asia Risk | 23 Jun 2021
  • Risk-assessment tool to combat growing wildfire risks

    A new wildfire risk assessment tool to help US businesses protect against the increasing threat of wildfires has been launched by StormGeo, a provider of weather intelligence and decision support solutions.

    Asia Risk | 23 Jun 2021
  • Hotter cities by 2050 will hit productivity and supply chains

    The number of the world's cities at extreme risk from heat stress is forecast to rise 58% from 482 today to 762 by 2050 according to a new research by Verisk Maplecroft.

    Asia Risk | 23 Jun 2021
  • China: Govt widens farm insurance for rice and wheat

    A State Council executive meeting held on 18 June has decided to provide wider farm insurance to help farmers fend off risks and stabilise income from grain production.

    Asia | 23 Jun 2021
  • New Zealand: EQC marks 20 years of hazard monitoring platform GeoNet

    The Earthquake Commission's (EQC) ongoing investment in natural hazard science including the world-leading natural hazard monitoring tool, GeoNet platform, provides confidence to international reinsurance markets to continue providing cover for New Zealand, says its CFO Mr Fraser Gardiner.

    Asia | 23 Jun 2021
  • South Korea: Major insurers will stop insurance coverage for new coal power projects

    Major insurers Hyundai Marine & Fire Insurance, Hana Insurance, DB Insurance, and Hanwha General Insurance have announced that they will no longer provide any insurance coverage for construction and operation of new coal power projects.

    Asia | 23 Jun 2021
  • Regulator pledges support to accelerate growth of green finance

    China's banking and insurance sector will accelerate the development of green finance and provide comprehensive financial services to assist in the country's transition toward a greener and low-carbon economy, regulatory officials have said.

    China | 18 Jun 2021
  • Insurers releases details of green insurance efforts

    With the Chinese government's goal of developing green finance, the insurance industry has published details of how it has been helping in green development.

    China | 18 Jun 2021
  • Australia: Insurers say Queensland Budget misses opportunity to invest in mitigation

    The Insurance Council of Australia (ICA) yesterday said that the Queensland Government's Budget announcement of just A$10m ($7.7m) for household resilience and mitigation measures was a missed opportunity to better protect Queenslanders from extreme weather events.

    Asia | 17 Jun 2021


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